The success of Crossroads found resonance at CR2 at Nariman Point. This new addition combined a multiplex with a shopping mall and included a multi-storey car park. While Nariman Point is the central business district, it lacked meaningful entertainment, shopping and dining space. CR2 has filled this gap in more ways than one. A crowded commercial area, Nariman Point previously experienced a scarcity of parking spaces which usually led to inconvenience and congestion. In an attempt to decongest the area, MMRDA - the owner of the plot on which CR2 stands - floated a tender for private sector participation. Peninsula was awarded the plot and we developed the project as a joint venture with Larsen & Toubro. CR2 has considerably reduced the acute parking problem in the area by providing a multi storey car park which can accommodate upto 500 cars in addition to which it can also accommodate upto 100 two-wheelers CR2, located in Nariman Point, is South Mumbai's first and only shopping mall-cum-multiplex. It has redefined the mall experience while adding colour to the business hub. It flaunts some of the biggest international brands, many of which have opened their first Indian stores at CR2. The imposing edifice features some of the biggest international names in fashion. INOX, the Pan-India multiplex operator, has made its foray in Mumbai at CR2.