Gurugram’s 32nd Milestone gets a makeover
Milestone Ventures, announced the re-launch of Gurugram’s oldest landmark – ‘32ndMilestone’, now known as 32nd Avenue.
Milestone Ventures has appointed CBRE South Asia Pvt. Ltd as the Strategic Leasing and Marketing Partner to reinvent the property as a specially curated one-of-a-kind high-street, offering a range of F&B brands.
Spread across 0.15 million sq.ft. (1.5 lakh), 32nd Avenue will house a total of 35 premium restaurants, of which 15 will be open in the first phase of the development – by Mid-December. The Avenue will be located within 32nd Village, which is 2 million sq.ft. of commercial (office) retail and hospitality spaces including Signature Towers 2, Signature Towers 3, Milestone Experion Center, Galaxy Hotel and Mall, and a free-standing convention facility.
Speaking at the launch, Dhruv Sharma, CEO – Milestone Ventures said, “While most destinations (including malls and hubs) collectively have retail and F&B options, what differentiates 32nd Avenue is its ability to be a common point for different audiences seeking unconventional dining experiences, distinguished retail therapy and new workspace concepts like co-working. Building on the iconic status that 32nd Milestone has among the older generation, we look to reach out to the younger and more informed workforce present here.”
“The F&B retail space has evolved significantly during the past few years with segments like fashion and F&B garnering a larger share. As a leading F&B market, Gurgaon offers a great opportunity to restaurateurs and brands to establish their mark in the city. The overall focus for retail is of providing experiences, Every space needs to cater to a larger audience and be able to provide more than just what it was built for and we believe 32nd Avenue does that. It provides a space that gives customers a unique location housing the best food brands while providing a world class ambience. All this is aimed at bringing back the customer to the space time and again.” he said.