The developer of Ayutthaya Park is spending 1 billion baht to expand the shopping centre to serve growing demand in the ancient capital.
An artist’s impression of Ayutthaya City Park after the 1-billion-baht expansion. The open space will be used for concerts and other events.
Once the expansion is completed in March next year, the complex will be renamed Ayutthaya City Park and be positioned as a lifestyle and leisure centre for the upper Central region, said managing director Pranee Danchaiviroj.
Service space will increase to 145,000 square metres, up from 105,000. Ayutthaya Park is the province's biggest shopping mall and has operated for more than 15 years.
"The big investment to expand our shopping mall is to respond to an increase in people's buying power after the growth of the city and industrial estates," Ms Pranee said.
Pranee: Brands keen for space
The economy in Ayutthaya is growing every year, with gross provincial product ranked fourth in the country. Local people in the province and nearby areas have higher income, especially expatriates.
Five Ayutthaya industrial estates _ Bang Pa-in, Hi-Tech, Rojana, Saha Rattana Nakorn and Factory Land _ are still expanding, while the property sector is growing with new developments such as housing, apartments, commercial and office buildings.
The tourism business in Ayutthaya is attractive and will boom with the construction of transport networks such as three express motorways, the extended tollway from Rangsit to Ayutthaya and a station for the high-speed train project.
Ayutthaya is also a potential site for Thailand to host the World Expo 2020.
"Our shopping space is now insufficient to cope with the city's growth and high demand. Many brands and products are lining to open their shops with us," Ms Pranee said.
Architect firm Contour is handling the project's redesign to blend the pride of Ayutthaya, lifestyles and green areas.
The additional space of the semi-open mall will include a convention hall of 2,000 sq m, open space for concerts and outdoor events, three futsal fields, new shops and office space.
The shopping centre now attracts 53,000 shoppers per day on average.