The success
of Crossroads found resonance at CR2 at Nariman Point. This new addition combined
a multiplex with a shopping mall and included a multi-storey car park. While Nariman
Point is the central business district, it lacked meaningful entertainment, shopping
and dining space. CR2 has filled this gap in more ways than one.
The Concept
A crowded commercial area, Nariman Point previously experienced
a scarcity of parking spaces which usually led to inconvenience and congestion.
In an attempt to decongest the area, MMRDA - the owner of the plot on which CR2
stands - floated a tender for private sector participation. Peninsula was awarded
the plot and we developed the project as a joint venture with Larsen & Toubro.
CR2 has considerably reduced the acute parking problem
in the area by providing a multi storey car park
which can accommodate upto 500 cars in addition
to which it can also accommodate upto 100 two-wheelers
The Creation
CR2, located in Nariman Point, is South Mumbai's
first and only shopping mall-cum-multiplex. It has
redefined the mall experience while adding colour
to the business hub. It flaunts some of the biggest
international brands, many of which have opened
their first Indian stores at CR2.
The
imposing edifice features some of the biggest international names in fashion.
INOX, the Pan-India multiplex operator, has made its foray in Mumbai at CR2.
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