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High Street Phoenix

High Street Phoenix, formerly known as Phoenix Mall, is one of the largest shopping malls in India, situated in Lower Parel, Mumbai.[2] Its gross floor area is 3,300,000 square feet (310,000 m2).[3] In addition to the mall, the compound hosts a five-star hotel, a multiplex, commercial space and a residential tower.[4][5]

High Street Phoenix
Erstwhile Phoenix Mills' chimney has been kept intact as a memorabilia of the Phoenix Mills
LocationLower Parel, Mumbai, India
Coordinates18°59′42″N 72°49′23″E / 18.995°N 72.823°E / 18.995; 72.823
Opening date1996
DeveloperThe Phoenix Mills Limited
ManagementAtul Ruia
OwnerThe Phoenix Mills Co. Ltd
ArchitectAndre Bilokur
No. of stores and services500
Total retail floor area490,000 square feet (46,000 m2)[1]
No. of floors4
Websitehighstreetphoenix.com

The mall consists of SkyZone and Grand Galleria. South Asia's largest 20 lane bowling concourse was first started here in the year 1996. India's first Hyper market concept Big Bazaar was introduced in 2001 at High Street Phoenix.

History Edit

Phoenix Mills was originally started in 1905 to manufacture cotton textiles in Bombay.[6] The company, which has been listed on the Bombay Stock Exchange since 1959,[4] is owned by the Ruia family.[7]

In 1938, the British government ordered firing at workers who were peacefully protesting the proposed Bombay Trades Disputes Bill.[8] The workers at Phoenix Mills went on a strike between 11 April 1939 and 1 November 1939, demanding an increase in pay.[9] Phoenix was affected by the general strike that shut down all mills in Mumbai (then Bombay) for over a year in 1982–83.[10] Mumbai's mills went through a turbulent time in the 1980s and '90s owing to labour unrest in addition to higher operating costs of a mill inside Mumbai, making mills such as Phoenix loss-making and nonviable entities. The management chose redevelopment of mill land, which had high commercial value.[11] Sections of the mill were still operational when redevelopment began with the establishment of the Bowling Co. Workers were unhappy with the management's decision, alleging that it was illegal.[12]

In 2005, Phoenix Mills celebrated its 100th anniversary.

Redevelopment Edit

Phoenix was one of the first mill companies to go in for redevelopment; the compound has been redeveloped and includes a luxury tower, hotel and shopping mall whereas the chimney is reminiscent of its past as a mill.[7][11] While existing structures have been retained due to government rules, they have been refurbished and additional structures have been built around them in phases.[7] In 1977, a fire destroyed its spinning units and the company decided to replace the area with a 28-story residential tower which came up in 1992.[4][13] By the late 1990s, Bowling Co, India's first bowling company and sports bar, and a night club, Fire and Ice, had been built at Phoenix Mills, which was facing trouble with keeping afloat as a mill.[7] Standard Chartered Bank too moved its offices into Phoenix Mills, taking a 30,000-square-foot area in 1998.[14]

In 2007, Phoenix joined up with Shangri-La Hotels and Resorts to run a five-star hotel for them in the Phoenix Mills compound, and got divided into Palladium and Grand Galleria.[15][7] PVR Cinemas runs a multiplex at Phoenix.[16]

Development Edit

In 2007, Phoenix Mills announced the development of Market Cities in Pune, Bangalore, Mumbai, and Chennai, which were completed respectively.[17] In Bangalore, they have developed the residential project named as One Bangalore West in the heart of the city, Rajajinagar which is also listed amongst the tallest building in Bangalore.[18] In Pune, they are developing a residential property named as Phoenix Fountainhead near by Phoenix Market City.[19]

Palladium Mall Edit

 
Palladium Mall, Mumbai

Palladium Mall, the very first premium luxury retail and entertainment destination of Mumbai located in the same compound of High Street Phoenix, was completed in 2007.[20] Palladium (Mumbai) offers four levels of exclusive shopping in an atmosphere of extraordinary sophistication and refinement. Its leasable area is 280,000 square feet (26,000 m2) and it has 115 stores as of now.[1]

See also Edit

References Edit

  1. ^ a b "Phoenix Malls".
  2. ^ Gibbon, Sahra (2008). Biosocialities, genetics and the social sciences: making biologies and identities. Taylor & Francis. p. 169. ISBN 978-0415401371.
  3. ^ "About High Street Phoenix". High Street Phoenix.
  4. ^ a b c "Trikona Trinity exits Phoenix Mills at 46 pct loss". Reuters. 17 November 2009. Retrieved 14 March 2012.
  5. ^ "Dispute Tears at Mumbai: House the Rich, or the Poor?". The New York Times. 17 May 2005. Retrieved 14 March 2012.
  6. ^ "Company History – Phoenix Mills". Moneycontrol.com. Retrieved 14 March 2012.
  7. ^ a b c d e "High street and luxe". The Hindu. 12 November 2011. Retrieved 14 March 2012.
  8. ^ Grover, Verinder (1993). Political thinkers of modern India: Vallabhbhai Patel. Deep and Deep Publications. pp. 166, 167. ISBN 8171004296.
  9. ^ Kosambi, Meera (2000). Intersections: socio-cultural trends in Maharashtra. Orient Blackswan. pp. 155, 156. ISBN 8125018786.
  10. ^ Heitzman, James (2008). The city in South Asia. Routledge. p. 206. ISBN 978-0415343558.
  11. ^ a b "India's Atul Ruia". Forbes. 21 October 2010. Retrieved 14 March 2012.
  12. ^ "Bowling Co – Phoenix Mills told to present papers". The Indian Express. 14 November 1999. Retrieved 14 March 2012.
  13. ^ . The Indian Express. 24 June 1999. Archived from the original on 16 January 2005. Retrieved 14 March 2012.
  14. ^ "Stanchart net profit up 54% to Rs 68 crore". The Indian Express. 11 June 1998. Retrieved 14 March 2012.
  15. ^ "Phoenix Mills to operate Shangri-La's hotel in Mumbai". The Hindu Business Line. 31 August 2007. Retrieved 14 March 2012.
  16. ^ "PVR down on sale of Phoenix Mills property for over Rs 100 crore". The Economic Times. 5 May 2011. Retrieved 14 March 2012.
  17. ^ . Archived from the original on 14 October 2014. Retrieved 18 June 2014.
  18. ^ "Home". onebangalorewest.in.
  19. ^ "Home". phoenixfountainhead.com.
  20. ^ "Palladium Mall Mumbai". The Times of India.

External links Edit

  • High Street Phoenix
  • Take a virtual tour of High Street Phoenix [permanent dead link]
  • Fountainhead- Luxury Residential project in Pune by Phoenix Group

high, street, phoenix, formerly, known, phoenix, mall, largest, shopping, malls, india, situated, lower, parel, mumbai, gross, floor, area, square, feet, addition, mall, compound, hosts, five, star, hotel, multiplex, commercial, space, residential, tower, erst. High Street Phoenix formerly known as Phoenix Mall is one of the largest shopping malls in India situated in Lower Parel Mumbai 2 Its gross floor area is 3 300 000 square feet 310 000 m2 3 In addition to the mall the compound hosts a five star hotel a multiplex commercial space and a residential tower 4 5 High Street PhoenixErstwhile Phoenix Mills chimney has been kept intact as a memorabilia of the Phoenix MillsLocationLower Parel Mumbai IndiaCoordinates18 59 42 N 72 49 23 E 18 995 N 72 823 E 18 995 72 823Opening date1996DeveloperThe Phoenix Mills LimitedManagementAtul RuiaOwnerThe Phoenix Mills Co LtdArchitectAndre BilokurNo of stores and services500Total retail floor area490 000 square feet 46 000 m2 1 No of floors4Websitehighstreetphoenix wbr comThe mall consists of SkyZone and Grand Galleria South Asia s largest 20 lane bowling concourse was first started here in the year 1996 India s first Hyper market concept Big Bazaar was introduced in 2001 at High Street Phoenix Contents 1 History 2 Redevelopment 3 Development 4 Palladium Mall 5 See also 6 References 7 External linksHistory EditPhoenix Mills was originally started in 1905 to manufacture cotton textiles in Bombay 6 The company which has been listed on the Bombay Stock Exchange since 1959 4 is owned by the Ruia family 7 In 1938 the British government ordered firing at workers who were peacefully protesting the proposed Bombay Trades Disputes Bill 8 The workers at Phoenix Mills went on a strike between 11 April 1939 and 1 November 1939 demanding an increase in pay 9 Phoenix was affected by the general strike that shut down all mills in Mumbai then Bombay for over a year in 1982 83 10 Mumbai s mills went through a turbulent time in the 1980s and 90s owing to labour unrest in addition to higher operating costs of a mill inside Mumbai making mills such as Phoenix loss making and nonviable entities The management chose redevelopment of mill land which had high commercial value 11 Sections of the mill were still operational when redevelopment began with the establishment of the Bowling Co Workers were unhappy with the management s decision alleging that it was illegal 12 In 2005 Phoenix Mills celebrated its 100th anniversary Redevelopment EditPhoenix was one of the first mill companies to go in for redevelopment the compound has been redeveloped and includes a luxury tower hotel and shopping mall whereas the chimney is reminiscent of its past as a mill 7 11 While existing structures have been retained due to government rules they have been refurbished and additional structures have been built around them in phases 7 In 1977 a fire destroyed its spinning units and the company decided to replace the area with a 28 story residential tower which came up in 1992 4 13 By the late 1990s Bowling Co India s first bowling company and sports bar and a night club Fire and Ice had been built at Phoenix Mills which was facing trouble with keeping afloat as a mill 7 Standard Chartered Bank too moved its offices into Phoenix Mills taking a 30 000 square foot area in 1998 14 In 2007 Phoenix joined up with Shangri La Hotels and Resorts to run a five star hotel for them in the Phoenix Mills compound and got divided into Palladium and Grand Galleria 15 7 PVR Cinemas runs a multiplex at Phoenix 16 Development EditIn 2007 Phoenix Mills announced the development of Market Cities in Pune Bangalore Mumbai and Chennai which were completed respectively 17 In Bangalore they have developed the residential project named as One Bangalore West in the heart of the city Rajajinagar which is also listed amongst the tallest building in Bangalore 18 In Pune they are developing a residential property named as Phoenix Fountainhead near by Phoenix Market City 19 Palladium Mall Edit Palladium Mall MumbaiPalladium Mall the very first premium luxury retail and entertainment destination of Mumbai located in the same compound of High Street Phoenix was completed in 2007 20 Palladium Mumbai offers four levels of exclusive shopping in an atmosphere of extraordinary sophistication and refinement Its leasable area is 280 000 square feet 26 000 m2 and it has 115 stores as of now 1 See also EditList of shopping malls in IndiaReferences Edit a b Phoenix Malls Gibbon Sahra 2008 Biosocialities genetics and the social sciences making biologies and identities Taylor amp Francis p 169 ISBN 978 0415401371 About High Street Phoenix High Street Phoenix a b c Trikona Trinity exits Phoenix Mills at 46 pct loss Reuters 17 November 2009 Retrieved 14 March 2012 Dispute Tears at Mumbai House the Rich or the Poor The New York Times 17 May 2005 Retrieved 14 March 2012 Company History Phoenix Mills Moneycontrol com Retrieved 14 March 2012 a b c d e High street and luxe The Hindu 12 November 2011 Retrieved 14 March 2012 Grover Verinder 1993 Political thinkers of modern India Vallabhbhai Patel Deep and Deep Publications pp 166 167 ISBN 8171004296 Kosambi Meera 2000 Intersections socio cultural trends in Maharashtra Orient Blackswan pp 155 156 ISBN 8125018786 Heitzman James 2008 The city in South Asia Routledge p 206 ISBN 978 0415343558 a b India s Atul Ruia Forbes 21 October 2010 Retrieved 14 March 2012 Bowling Co Phoenix Mills told to present papers The Indian Express 14 November 1999 Retrieved 14 March 2012 Uncool Lower Parel is hip shakers amp movers new mecca The Indian Express 24 June 1999 Archived from the original on 16 January 2005 Retrieved 14 March 2012 Stanchart net profit up 54 to Rs 68 crore The Indian Express 11 June 1998 Retrieved 14 March 2012 Phoenix Mills to operate Shangri La s hotel in Mumbai The Hindu Business Line 31 August 2007 Retrieved 14 March 2012 PVR down on sale of Phoenix Mills property for over Rs 100 crore The Economic Times 5 May 2011 Retrieved 14 March 2012 Phoenix LTD Core Business Entertainment Archived from the original on 14 October 2014 Retrieved 18 June 2014 Home onebangalorewest in Home phoenixfountainhead com Palladium Mall Mumbai The Times of India External links EditHigh Street Phoenix Take a virtual tour of High Street Phoenix permanent dead link Fountainhead Luxury Residential project in Pune by Phoenix Group Retrieved from https en wikipedia org w index php title High Street Phoenix amp oldid 1142073717, wikipedia, wiki, book, books, library,

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