This project will be developed in Pardis New Town with a total area of 3,600 Hectare including 6 residential phases and 3 phases of Research, Industry and Tourism zones. After more than 20 years, the number of inhabitants in this important new town on Tehran Metropolitan Fringe (TMF) has reached to 37,500 residents which is 18.6% of the ultimate enacted population number for the city. Hence, developing of these sorts of commercial complexes will not only meet the shortages of the new town regarding commercial per capita spaces but it will also increase the attractiveness of the city, attract more private investment and residents. Moreover, considering the impact of under‐construction mega‐projects such as Pardis‐Tehran Metro and Pardis International Techno park, which is in fact the first international techno park of the country, in attraction of new residents, the escalating demand for commercial spaces would be logically Expected. Thus, the project is highly feasible for both private sector investors and public sector initiatives.