The Phoenix Mills Limited (PML), India’s leading retail mall developer and operator, announced the grand opening of Phoenix Citadel, the largest retail destination in Indore, Madhya Pradesh.
Phoenix Citadel has been developed PML under its first joint venture with Canada Pension Plan Investment Board (CPP Investments). PML is the pioneer of retail-led, mixed-use developments in India with an operational retail portfolio of over80 lakh square feet (sq. ft.) of retail space across 10 malls in 7 gateway cities of India, with additional under construction portfolio of over 50 lakh sq. ft.
Spread over 19 acres of land and with a gross leasable area of 10 lakh sqft, Phoenix Citadel is a world-class and exceptional fashion and family entertainment destination. The mall is set to have a huge economic impact on MP, and is also set to be one of the largest employment generators. The mall is a complete destination and consumption hub offering an unparalleled experience to the customers. With a perfect blend of lifestyle and fashion brands, world class dining & bars and entertainment options of international stature, Phoenix Citadel is a perfect example of being an ‘experience-driven destination’.