Parco Singapore, a subsidiary of shopping complex developer Parco in Japan, has signed a lease agreement with the Amara Group to secure space in its 100 AM mall.
It is taking up 14,000 sqft (1300 sqm) of F&B space on the third level of the mall for a restaurant zone to feature authentic Japanese cuisines, to be named Itadakimasu by Parco. It is planned to open late this year.
“Our restaurant mix will be a boost to the large working population and residents in the vicinity,” says Parco Singapore CEO Shigeyoshi Sato.
The only fully fledged shopping mall in the west end of the CBD, 100 AM aims to create a new shopping experience through a wide variety of retail, lifestyle and dining concepts, says Amara Holdings CEO Albert Teo.
Parco opened its first store in Ikebukuro, Tokyo, in 1969 and now has 19 domestic outlets using its “Total Producing Ability”, which incorporates its wide range of expertise in marketing, planning, designing, and managing shopping complexes.
Parco Singapore was established in 1991 and helped manage Bugis Junction in 1991, followed by The Central in 2005. It also ran the Parco Marina Bay shopping centre in Millenia Walk from 2010 to 2014, where it had the first Itadakimasu Japanese restaurant zone.
