Parkway Parade

1°18′07″N 103°54′17″E / 1.30194°N 103.90472°E / 1.30194; 103.90472

Shopping mall in Marine Parade, Singapore

Parkway Parade
Parkway Parade in 2006

Location	Marine Parade, Singapore
Address	80 Marine Parade Road
Opening date	20 December 1983; 40 years ago (1983-12-20) (Soft opening) 9 March 1984; 40 years ago (1984-03-09) (Official opening)
Developer	Parkway Holdings
Management	Lendlease
Owner	Mixed-use development with sub-divided strata ownership, owned by Parkway Parade Partnership Limited fund managed by Lend Lease
No. of stores and services	270
No. of anchor tenants	6 FairPrice Xtra Cathay Cineplexes Toys 'R' Us Best Denki Harvey Norman Cold Storage
Total retail floor area	565,697 square feet (52,555.0 m²)^[1]
No. of floors	7
Parking	1,184 (incl. 16 family, 12 handicap and 3 green lots)^[2]
Public transit access	TE26 Marine Parade
Website	www.parkwayparade.com.sg

Parkway Parade is a suburban shopping centre in Marine Parade, Singapore.^[3] Officially opened in March 1984, it has a 17-floor office tower and a seven-storey shopping mall with a basement. Developed by Parkway Holdings, the company sold the building to Asia Pacific Investment Company in 2000. The mall is managed by Lendlease.

History

The development of Parkway Parade began in March 1981. Developed by Parkway Holdings on a 31,536 square metres (339,450 sq ft) plot along Marine Parade Road, the complex comprised a 15-storey office building and a six-storey shopping podium, and was expected to cost S$250 million.^[4] The mall was designed after American suburban shopping centres, and Parkway Holdings sought advice from American and Australian consultants for its design.^[5] In order to meet an Urban Redevelopment Authority deadline, the building contractor, Kajima Corporation, used a proprietary flat-slab construction technique to construct the complex.^[6]

The complex opened in December 1983, and was well-patronised by shoppers, according to The Straits Times.^[7] Having cost S$280 million to build, Parkway Parade had over 120,000 square metres (1,300,000 sq ft) of shop space, and featured several department stores catering to the middle class.^[8]

At the time of completion, Parkway Parade was one of the first suburban shopping malls in Singapore. It featured many major tenants setting up their stores in the suburbs for the first time, such as Isetan, Marks & Spencer, Best Denki (then known as Yaohan Best), children's department store Small World and MPH Bookstore. It also featured a wide array of food choices, including a Chuck E. Cheese's Pizza Time Theater that was open from December 1983 to 1984-1986 (located inside Small World), Hardee's and Petite Park, and also had an mini theme park occupying Levels 3 and 4 (Funland), and a playground at Level 7, which was the first and largest mall playground in Singapore at that time. The mall was also home to the second Singapore outlet of Border's bookstore in 2007, together with Dôme Cafe sharing a portion of its floor space.

In 1992, Weekend East claimed that Parkway Parade was one of the most successful malls in Singapore, with 12 million visitors annually.^[9] In March 1995, Parkway Parade upgraded by changing their floor tiles and improving toilet facilities.^[10] By the time of the upgrade, it was known for selling "fashion wear".^[10]

In 2000, the property was sold to Asia Pacific Insurance Company, and subsequently Lendlease was appointed to manage the mall.

In 2015, a mix of retail shops was introduced to keep the mall updated. Best Denki, was relocated to Level 3, together with six rows of retail shops taking a part of the hypermarket space. A seven-screen Cathay Cineplex opened in September 2017, taking over the former True Fitness space at Level 7.^[11]

Giant ceased operations after an 18-year tenancy at Parkway Parade in February 2020, with FairPrice Xtra coming in as an anchor tenant that opened thereafter in 2021.^[12] Isetan has ceased operations in late January 2022 after 38 years in operation.^[13]

References

^ "About | Parkway Parade". www.parkwayparade.com.sg.
^ "Parking Services". Parkway Parade. Archived from the original on 5 November 2013. Retrieved 5 November 2013.
^ Cheong Suk-Wai (2 April 2006). "It's a MALL world after all". The Sunday Times. Singapore.
^ Tay, Alvin (11 March 1981). "Parkway to build $250m complex". Business Times. Singapore. p. 5. Retrieved 19 November 2022 – via NewspaperSG.
^ "Design and good planning make all the difference". The Straits Times. Singapore. 2 March 1984. p. 13. Retrieved 19 November 2022 – via NewspaperSG.
^ "Kajima awarded $150 m Parkway Parade project". The Straits Times. Singapore. 1 September 1981. p. 1. Retrieved 19 November 2022 – via NewspaperSG.
^ Pow-Chung, Gillian (11 December 1983). "A parade of shoppers on opening day". The Straits Times. Singapore. p. 11. Retrieved 19 November 2022 – via NewspaperSG.
^ Peng, Ailian (9 December 1983). "Parkway Parade set to make an impact". Business Times. Singapore. p. 3. Retrieved 19 November 2022 – via NewspaperSG.
^ "What makes Parkway Parade the top shopping centre in the East". Weekend East. Singapore. 12 March 1992. p. 15. Retrieved 12 December 2022 – via NewspaperSG.
^ ^a ^b "$12-m new look for mall where mamasan was shot". The Straits Times (retrieved from NLB). 6 August 1995. Retrieved 9 October 2023.
^ Correspondent, Yip Wai YeeTaiwan (19 August 2017). "Cathay cinema to open in Parkway Parade" – via The Straits Times.
^ Ambrose, Shawn (24 February 2020). "Iconic Giant Supermarket in Parkway Parade Will be Closing; Last Day on 29 Feb". Goody Feed.
^ hermesauto (13 August 2021). "Isetan Singapore closing Parkway Parade store by March 2022". The Straits Times. Retrieved 30 August 2021.