SINGAPORE - The Centrepoint at Orchard Road will be undergoing a $50 million makeover from this May.
Frasers Centrepoint Malls said on Wednesday that the revamped mall will sport a more open-concept layout, a new tenant mix and thematic zones focused on fashion, beauty, lifestyle, sports, dining and the home.
The Marks & Spencers outlet on level one and two, and electronics store Harvey Norman on level three will be vacated to make way for a "gourmet precinct and an expanded fashion zone", said Frasers.
The mall will remain open during the 16-month renovation, with Gap, Starbucks and Ichiban Boshi among its 90 remaining tenants.
The entrance to the mall from Orchard Road will be widened and visitors will be able to directly access the basement floors from the entrance at the street level. There will also be a new drop-off and pick-up point at level 1 to provide greater convenience for families with children and the elderly.
Mr Christopher Tang, chief executive of Frasers Centrepoint Commercial, said the group is "confident the overall exercise will inject greater vibrancy into the mall".
"Since it opened its doors in 1983, the mall has undergone several makeovers, always returning with more exciting concepts to delight shoppers," he added.
In May last year, anchor tenant Robinsons moved out after 31 years. Last Thursday, Marks & Spencer said it will close its Centrepoint outlet on March 29 to focus on its other stores, while Cold Storage will move out on April 1.
The plan to remake The Centrepoint was conceived last year, with new anchor Metro moving in last November. The revamp is scheduled to be completed in the second half of 2016.