The Mall Group Co, a prominent retail operator in the country, is set to unveil The Emsphere on Sukhumvit Road in December 2023 as a vital component of their expansive retail district, requiring a substantial investment of 15 billion baht. The Emsphere represents the latest addition to the group’s “EM District” development initiative, encompassing 50 rai of land in the Sukhumvit area and offering a collective usable space of 650,000 square meters. Situated adjacent to Benchasiri Park, The Emsphere encompasses a mixed-use project developed on a 20-rai plot.
Conceived under the “Future Retail” concept, The Emsphere embraces the latest trends, immersive experiences, and a futuristic lifestyle for its customers. Its opening has been delayed by two years from the initial plan due to the impact of the Covid-19 pandemic. Chairwoman Ms. Supaluck Umpujh expressed, “We allocated a budget of 500 million baht to craft The Emsphere, infusing a fresh aura into Bangkok. Each of our malls within the EM District is tailored to address distinct consumer needs.”
She also described The Emsphere as the most challenging undertaking in the group’s four-decade history in Thailand’s retail sector. She emphasized the importance of making each of the three malls within the EM District a fun and enjoyable shopping destination for visitors.
The new mall is slated to house EmLive, a world-class arena in collaboration with UOB, spanning 20,000 square meters, equipped with more than 6,000 seats and managed by AEG, a prominent player in the entertainment and sports business. IKEA will take up the entirety of its 3rd floor, spanning 15,000 square metres, and it will also introduce the first 2 Gordon Ramsay restaurants in Thailand – Bread Street Kitchen & Bar, and Street Pizza.
The project will create 10,000 new job opportunities across all its complexes, with an ambitious goal of attracting 80,000 to 100,000 visitors daily, elevating Bangkok to a metropolis that can rival cities such as Paris, Shanghai, London, New York, Japan, and Seoul.
The editorial team at IBP Real Estate Co., Ltd.