What is going on with the Pace stock price increase?
Before Packages, Emporium, and Dolmen, Lahore had Pace. In the early 1990s, shopping in Lahore was based on sprawling specialised markets. The concept of a single large location melding fashion retail and entertainment had not taken root.
Salman Taseer thought that was ridiculous. In 1995, he launched Pace shopping mall at Main Boulevard Gulberg in Lahore. He did not just build some shopping center. This was a large, modern, centrally air conditioned shopping mall that immediately attracted the fascination of Lahoris. They were coming to check the place out in droves and the demand to get shops there was high.
And as with everything Salman Taseer did in life, the plan was to go back. The late governor’s plan was not just to build…
