>GreenC bot: Move 1 url. Wayback Medic 2.5

2021-07-05T10:51:50Z

New page

{{Use dmy dates|date=July 2018}}
{{Use Indian English|date=July 2018}}
{{Infobox shopping mall
| name = High Street Phoenix
| image = Phoenix mills.jpg
| image_width =
| caption = Erstwhile Phoenix Mills' [[chimney]] has been kept intact as a memorabilia of the Phoenix Mills
| location = [[Lower Parel]], [[Mumbai]], [[India]]
| coordinates = {{Coord|18.995|N|72.823|E|display=inline,title}}
| opening_date = 1996
| closing_date =
| developer = The Phoenix Mills Limited
| manager = Atul Ruia
| owner = [[Phoenix Mills|The Phoenix Mills Co. Ltd]]
| architect = Andre Bilokur
| number_of_stores = 500
| number_of_anchors =
| floor_area = {{convert|490000|sqft|m2}}<ref name='Phoenix Malls'>{{cite news|title=Phoenix Malls|url=https://www.thephoenixmills.com/businesses/retail}}</ref>
| floors = 4
| website = {{URL|highstreetphoenix.com}}
}}

'''High Street Phoenix''', formerly known as '''Phoenix Mall''', is one of the largest shopping malls in India, situated in [[Lower Parel]], [[Mumbai]].<ref name=gs08>{{cite book|last=Gibbon|first=Sahra|title=Biosocialities, genetics and the social sciences: making biologies and identities|year=2008|publisher=Taylor & Francis|isbn=0415401372|pages=169}}</ref> Its [[gross floor area]] is {{convert|3,300,000|sqft|m2}}.<ref>{{cite web|url=http://www.highstreetphoenix.com/about|title=About High Street Phoenix|publisher=High Street Phoenix}}</ref> In addition to the mall, the compound hosts a five-star hotel, a multiplex, commercial space and a residential tower.<ref name=reuters09>{{cite news|title=Trikona Trinity exits Phoenix Mills at 46 pct loss|url=http://in.reuters.com/article/idINIndia-44017720091117|access-date=14 March 2012|publisher=[[Reuters]]|date=17 November 2009}}</ref><ref name=nyt05>{{cite news|title=Dispute Tears at Mumbai: House the Rich, or the Poor?|url=https://www.nytimes.com/2005/05/17/international/asia/17mumbai.html?pagewanted=2&_r=1|access-date=14 March 2012|newspaper=[[The New York Times]]|date=17 May 2005}}</ref>

The mall consists of SkyZone and Grand Galleria. South Asia's largest 20 lane bowling concourse was first started here in the year 1996. India's first Hyper market concept [[Big Bazaar]] was introduced in 2001 at High Street Phoenix.

==History==
Phoenix Mills was originally started in 1905 to manufacture [[Cotton mill|cotton textiles]] in Bombay.<ref name=moneycontrol>{{cite web|title=Company History – Phoenix Mills|url=http://www.moneycontrol.com/company-facts/phoenixmills/history/PM02#|publisher=Moneycontrol.com|access-date=14 March 2012}}</ref> The company, which has been listed on the [[Bombay Stock Exchange]] since 1959,<ref name=reuters09/> is owned by the ''Ruia'' family.<ref name=th11>{{cite news|title=High street and luxe|url=http://www.thehindu.com/arts/magazine/article2614431.ece|access-date=14 March 2012|newspaper=[[The Hindu]]|date=12 November 2011}}</ref>

In 1938, the [[Bombay Presidency|British government]] ordered firing at workers who were peacefully protesting the proposed ''Bombay Trades Disputes Bill''.<ref name=vg93>{{cite book|last=Grover|first=Verinder|title=Political thinkers of modern India: Vallabhbhai Patel|year=1993|publisher=Deep and Deep Publications|isbn=8171004296|pages=166, 167}}</ref> The workers at Phoenix Mills went on a strike between 11 April 1939 and 1 November 1939, demanding an increase in pay.<ref name=mk00>{{cite book|last=Kosambi|first=Meera|title=Intersections: socio-cultural trends in Maharashtra|year=2000|publisher=Orient Blackswan|isbn=8125018786|pages=155, 156}}</ref> Phoenix was affected by the general strike that shut down all mills in Mumbai (then Bombay) for over a year in 1982–83.<ref name=jh08>{{cite book|last=Heitzman|first=James|title=The city in South Asia|url=https://archive.org/details/citysouthasiaasi00heit|url-access=limited|year=2008|publisher=Routledge|isbn=0415343550|page=[https://archive.org/details/citysouthasiaasi00heit/page/n222 206]}}</ref> Mumbai's mills went through a turbulent time in the 1980s and '90s owing to labour unrest in addition to higher operating costs of a mill inside Mumbai, making mills such as Phoenix loss-making and nonviable entities. The management chose [[Redevelopment of Mumbai mills|redevelopment]] of mill land, which had high commercial value.<ref name=fm10>{{cite news|title=India's Atul Ruia|url=https://www.forbes.com/2010/10/21/forbes-india-atul-ruia-phoenix-mill.html|access-date=14 March 2012|work=[[Forbes]]|date=21 October 2010}}</ref> Sections of the mill were still operational when redevelopment began with the establishment of the Bowling Co. Workers were unhappy with the management's decision, alleging that it was illegal.<ref name=ien99>{{cite news|title=Bowling Co – Phoenix Mills told to present papers|url=http://www.indianexpress.com/Storyold/131765/|access-date=14 March 2012|newspaper=[[The Indian Express]]|date=14 November 1999}}</ref>

In 2005, Phoenix Mills celebrated its 100th anniversary.

==Redevelopment==
Phoenix was one of the first mill companies to go in for redevelopment; the compound has been redeveloped and includes a luxury tower, hotel and shopping mall whereas the chimney is reminiscent of its past as a mill.<ref name=th11/><ref name=fm10/> While existing structures have been retained due to government rules, they have been refurbished and additional structures have been built around them in phases.<ref name=th11/> In 1977, a fire destroyed its spinning units and the company decided to replace the area with a 28-story residential tower which came up in 1992.<ref name=reuters09/><ref name=ie99>{{cite news|title=`Uncool' Lower Parel is hip shakers' & movers' new mecca |url=http://www.expressindia.com/ie/daily/19990624/ile24085.html |access-date=14 March 2012 |newspaper=[[The Indian Express]] |date=24 June 1999 |url-status=dead |archive-url=https://web.archive.org/web/20050116220601/http://www.expressindia.com/ie/daily/19990624/ile24085.html |archive-date=16 January 2005 }}</ref> By the late 1990s, ''Bowling Co'', India's first [[bowling]] company and sports bar, and a night club, ''Fire and Ice'', had been built at Phoenix Mills, which was facing trouble with keeping afloat as a mill.<ref name=th11/> [[Standard Chartered Bank]] too moved its offices into Phoenix Mills, taking a 30,000-square-foot area in 1998.<ref name=ie98>{{cite news|title=Stanchart net profit up 54% to Rs 68 crore|url=http://www.expressindia.com/fe/daily/19980611/16255184.html|access-date=14 March 2012|newspaper=[[The Indian Express]]|date=11 June 1998}}</ref>

In 2007, Phoenix joined up with [[Shangri-La Hotels and Resorts]] to run a five-star hotel for them in the Phoenix Mills compound, and got divided into ''Palladium'' and ''Grand Galleria''.<ref name=thbl07>{{cite news|title=Phoenix Mills to operate Shangri-La’s hotel in Mumbai|url=http://www.thehindubusinessline.com/todays-paper/tp-corporate/article1667912.ece|access-date=14 March 2012|newspaper=[[The Hindu Business Line]]|date=31 August 2007}}</ref><ref name=th11/> [[PVR Cinemas]] runs a multiplex at Phoenix.<ref name=et11>{{cite news|title= PVR down on sale of Phoenix Mills property for over Rs 100 crore|url=http://articles.economictimes.indiatimes.com/2011-05-05/news/29512946_1_pvr-sale-and-lease-property|access-date=14 March 2012|newspaper=[[The Economic Times]]|date=5 May 2011}}</ref>

==Development==
In 2007, Phoenix Mills announced the development of Market Cities in Pune, Bangalore, Mumbai, and Chennai, which were completed respectively.<ref>http://www.thephoenixmills.com/resi.asp</ref> In Bangalore, they have developed the residential project named as One Bangalore West in the heart of the city, Rajajinagar which is also listed amongst the tallest building in Bangalore.<ref>http://www.onebangalorewest.in/</ref>
In Pune, they are developing a residential property named as Phoenix Fountainhead near by Phoenix Market City.<ref>http://www.phoenixfountainhead.com/</ref>

==Palladium Mall==
[[File:Palladium Mall.jpg|thumb|Palladium Mall, [[Mumbai]]]]
'''Palladium Mall''', the very first premium luxury retail and entertainment destination of [[Mumbai]] located in the same compound of '''High Street Phoenix''', was completed in 2007.<ref>{{cite web|title=Palladium Mall Mumbai|url=https://timesofindia.indiatimes.com/travel/mumbai/palladium-mall-lower-parel/amp_poishow/24136459.cms}}</ref> Palladium (Mumbai) offers four levels of exclusive shopping in an atmosphere of extraordinary sophistication and refinement. Its leasable area is {{convert|280000|sqft|m2}} and it has 115 stores as of now.<ref name='Phoenix Malls'/>

==See also==
*[[List of shopping malls in India]]

==References==
{{Reflist}}

==External links==
* [http://www.highstreetphoenix.com High Street Phoenix ]
* [http://places.wonobo.com/mumbai/high-street-phoenix/1048347/Interior Take a virtual tour of High Street Phoenix ]{{Dead link|date=January 2020 |bot=InternetArchiveBot |fix-attempted=yes }}
* [http://www.phoenixfountainhead.com/ Fountainhead- Luxury Residential project in Pune by Phoenix Group]

{{Shopping malls in India}}
{{Nifty 200 companies}}

[[Category:Shopping malls in Mumbai]]
[[Category:1996 establishments in Maharashtra]]
[[Category:Shopping malls established in 1996]]

High Street Phoenix - Revision history

>GreenC bot: Move 1 url. Wayback Medic 2.5