Plaza

Plaza Indonesia is an upscale shopping mall and mixed-use development at the junction of Jalan M.H. Thamrin and Jalan Kebon Kacang Raya in Central Jakarta, beside the Selamat Datang Monument. It is regarded as one of Jakarta’s earliest luxury-oriented shopping centers and has long served affluent local consumers, international visitors, office workers, hotel guests, and residents of the surrounding central-business-district area. The complex began with the Plaza Indonesia Shopping Center, which opened to the public on 1 March 1990. Its location was created through the redevelopment of land formerly occupied by the Asoka Hotel, itself a successor to Wisma Warta, an accommodation facility associated with journalists covering the 1962 Asian Games. The property was acquired in 1984 by the company then known as PT Bimantara Eka Sentosa, which later became associated with PT Plaza Indonesia Realty Tbk. From its beginning, Plaza Indonesia differentiated itself through premium international fashion, jewelry, beauty, food, and lifestyle tenants. Its tenant mix has included globally recognized luxury houses alongside international mid-market retailers, Indonesian designers, specialty food operators, restaurants, entertainment venues, and service businesses. The mall’s position near major hotels, embassies, offices, and Jakarta landmarks supports a destination-oriented retail model rather than a purely neighborhood shopping-center role. The mall forms part of a wider mixed-use complex. Grand Hyatt Jakarta opened in 1991, adding an international luxury-hotel component. The Plaza Office Tower provides commercial office space, while Keraton at the Plaza combines hotel and residential-suite functions. The complex also previously included Entertainment X’nter, a separate entertainment building that opened in 2004 and housed the first Cinema XXI location before closing in 2014. Expansion plans initiated in the 1990s were delayed by the Asian financial crisis. Construction for the later extension began in 1997, was suspended for approximately nine years, and resumed in 2006. The expanded facilities were completed in 2009, adding retail area, lifestyle floors, dining and entertainment space, and underground parking. The shopping center has also undergone several renovation programs, including work in 1996, 2000, 2008, and later improvements to the south façade and Lamoda Café area. In the hospitality portfolio, Grand Hyatt Jakarta received a major interior refurbishment in 2021. Keraton at the Plaza opened in 2012 under The Luxury Collection brand while managed by Marriott International. It closed in 2020 after its management arrangement ended during the COVID-19 period and reopened in late December 2024 under Hyatt management. These developments reinforce Plaza Indonesia’s role as a luxury mixed-use destination rather than only a conventional retail mall. Plaza Indonesia is owned, developed, and managed by PT Plaza Indonesia Realty Tbk, a property company associated with Sinar Mas Land, Hankyu Hanshin Holdings, and other investment interests. The complex remains active and is positioned around premium retail, hospitality, restaurants, entertainment, offices, and event facilities.

Plaza Indonesia occupies a prominent site in Central Jakarta at the meeting point of Jalan M.H. Thamrin and Jalan Kebon Kacang Raya, immediately near the Selamat Datang Monument. Before the present complex, the site was associated with the Asoka Hotel. That property had originated as Wisma Warta, accommodation connected with journalists covering the 1962 Asian Games. The land was acquired in 1984 by PT Bimantara Eka Sentosa, the predecessor of the company later known as PT Plaza Indonesia Realty Tbk. Construction of Plaza Indonesia began on 4 March 1987. The shopping center opened on 1 March 1990 on a site measuring approximately 38,050 square meters. Its formal inauguration took place on 24 November 1990. From the outset, the project targeted premium consumers and introduced a concentration of international luxury brands that were not widely available elsewhere in Indonesia. Grand Hyatt Jakarta became the next major component of the development. The 30-story hotel was completed in March 1991 and inaugurated on 4 April of that year. It gave the mall an international hospitality anchor and strengthened the complex’s role as a destination for visitors to Jakarta’s central commercial district. The development pursued a substantial expansion during the 1990s. An extension involving additional mall space, an office tower, and another hotel tower was initiated in the period after 1994, with construction beginning in 1997. The Asian financial crisis interrupted the project, however, and construction remained suspended for roughly nine years. Work officially resumed on 11 August 2006, and the expanded facilities were completed in May 2009. The extension added approximately 42,325 square meters of gross floor area across six levels, additional usable space, lifestyle-oriented upper floors, dining and entertainment facilities, and five levels of underground parking. The complex subsequently included The Plaza Office Tower, a major office building with 42 floors above ground and five basement levels, and Keraton at the Plaza, a 48-story hotel and residential-suite tower. Keraton opened on 30 April 2012 as part of Hyatt’s Unbound Collection after initially being managed by Marriott International under The Luxury Collection. Its management arrangement later ended, and the property closed in 2020 during the COVID-19 period. It reopened in late December 2024 under Hyatt management. The retail mall has been repeatedly updated. Major renovation phases occurred in 1996, 2000, and 2008, followed by work on the south façade and Lamoda Café in 2014. Its tenant and floor plan have evolved to include luxury fashion, international mid-market apparel, jewelry, children’s goods, Indonesian fashion boutiques, beauty services, restaurants, specialty food retail, books, and cinema entertainment. A multipurpose ballroom provides an additional event function. Plaza Indonesia formerly operated alongside Entertainment X’nter, a colorful deconstructivist entertainment building opened on 14 February 2004 on the former site of the Soviet Embassy. It housed the first Cinema XXI branch. The building closed in 2014 and was demolished for a subsequent redevelopment project. Today, Plaza Indonesia remains an active mixed-use property combining premium retail, hospitality, offices, restaurants, leisure, and event services. Its ownership and management are associated with PT Plaza Indonesia Realty Tbk, with corporate links to Sinar Mas Land, Hankyu Hanshin Holdings, and other companies.

• 2024

  Keraton at the Plaza reopens

  [1]Plaza Indonesiaen.wikipedia.org

  The property reopened in late December 2024 under Hyatt management.

• 2020

  Keraton at the Plaza closes

  [1]Plaza Indonesiaen.wikipedia.org

  The hotel closed after the previous management arrangement ended during the COVID-19 period.

• 2014

  Entertainment X’nter closes

  [1]Plaza Indonesiaen.wikipedia.org

  Entertainment X’nter closed on 30 June 2014 and was later demolished.

• 2012

  Keraton at the Plaza opens

  [1]Plaza Indonesiaen.wikipedia.org

  Keraton at the Plaza opened on 30 April 2012 as a hotel and residential-suite tower.

• 2009

  Major extension is completed

  [1]Plaza Indonesiaen.wikipedia.org

  The delayed extension was completed in May 2009 with more retail, lifestyle, dining, entertainment, and parking capacity.

• 2004

  Entertainment X’nter opens

  [1]Plaza Indonesiaen.wikipedia.org

  The separate Entertainment X’nter building opened on 14 February 2004 and included the first Cinema XXI location.

• 1997

  Expansion construction starts

  [1]Plaza Indonesiaen.wikipedia.org

  Construction began on a major extension incorporating mall, office, and hotel components, but was later halted by the Asian financial crisis.

• 1991

  Grand Hyatt Jakarta opens

  [1]Plaza Indonesiaen.wikipedia.org

  Grand Hyatt Jakarta was inaugurated on 4 April 1991 as the complex’s first major hotel anchor.

• 1990

  Shopping center opens

  [1]Plaza Indonesiaen.wikipedia.org

  Plaza Indonesia opened to the public on 1 March 1990 and received its formal inauguration later that year.

• 1987

  Construction begins

  [1]Plaza Indonesiaen.wikipedia.org

  Construction of the shopping-center project began on 4 March 1987.

• 1984

  Development land is acquired

  [1]Plaza Indonesiaen.wikipedia.org

  The land was acquired by PT Bimantara Eka Sentosa, the predecessor of PT Plaza Indonesia Realty Tbk.

• 1962

  Wisma Warta operates on the site

  [1]Plaza Indonesiaen.wikipedia.org

  The site housed Wisma Warta, accommodation associated with journalists covering the 1962 Asian Games; it later became the Asoka Hotel site.

Upscale, luxury-oriented mixed-use shopping and hospitality destination

• Luxury shopping mall · 1990

  Plaza Indonesia Shopping Center

  The core retail component of the complex, offering luxury fashion, accessories, jewelry, beauty, food, restaurants, Indonesian designer boutiques, books, entertainment, and event facilities. Its tenant strategy combines international luxury houses with selected mid-market and local brands, making it one of Jakarta’s established premium shopping destinations.

• Luxury hotel · 1991

  Grand Hyatt Jakarta

  A 30-story luxury hotel integrated into the Plaza Indonesia complex. It opened in 1991 and provides guest rooms, hospitality services, dining, and a major international hotel anchor beside the mall. The hotel underwent an interior refurbishment in 2021.

• Office building · 2009

  The Plaza Office Tower

  The commercial office component of the mixed-use development. The tower rises approximately 200 meters and contains 42 floors above ground together with five basement levels, complementing the retail and hospitality uses of the complex.

• Luxury hotel and residential suites · 2012

  Keraton at the Plaza

  A 48-story hotel and residential-suite tower that opened in 2012. It initially operated under Marriott International’s The Luxury Collection. Following closure in 2020, the property reopened in late 2024 under Hyatt management.

• Entertainment center · 2004

  Entertainment X’nter

  A former entertainment building north of the main mall. Opened in 2004, it was noted for its colorful deconstructivist design and for hosting the first Cinema XXI branch. It closed in 2014 and was subsequently demolished.

• 2024

  Reopen Keraton at the Plaza under HyattStrategy

  Background

  Keraton at the Plaza had closed in 2020 after the end of its earlier management arrangement.

  Action taken

  The hotel reopened in late December 2024 with Hyatt as the new management company.

  Aftermath

  The reopening restored the hotel and residential tower as an operating component of the Plaza Indonesia mixed-use complex.

  Source

• 2014

  Close and replace Entertainment X’nterOther

  Background

  The separate entertainment building had operated since 2004 but was later selected for redevelopment.

  Action taken

  Entertainment X’nter closed on 30 June 2014 and was demolished.

  Aftermath

  The site was designated for replacement by the Indonesia-1 twin-tower development.

  Source

• 2006

  Resume the delayed extensionStrategy

  Background

  After approximately nine years of inactivity following the Asian financial crisis, the developer restarted the expansion program.

  Action taken

  Construction officially resumed on 11 August 2006.

  Aftermath

  The expanded facilities were completed in May 2009, adding retail, lifestyle, dining, entertainment, and parking capacity.

  Source

• 1997

  Proceed with a major mixed-use expansionStrategy

  Background

  The developer planned additional retail, office, and hotel capacity to broaden the complex beyond its original shopping-center format.

  Action taken

  Construction began in 1997 with Waskita Karya and Société Auxiliaire d’Entreprises identified as contractors or project partners.

  Aftermath

  The Asian financial crisis led to a prolonged suspension, and the project did not resume officially until 2006.

  Source

1. 1Plaza Indonesiaen.wikipedia.org
2. 2Plaza Indonesia official websiteplazaindonesia.com