Possession of the building ownership has changed hands several times before. This iconic shopping mall has been around since the 1980s and it was initially occupied by the Kimisawa and Printempts department stores. Later, the Lion Group took over and Kimisawa became Parkson Grand and Printempts transformed into Atria Shopping Centre.
Then, in early 21st centuries, Lien Hoe Corporation took over Atria and Parkson supermarket was replaced, first by Tops and followed by Giant in 2005. After that, Lien Hoe sold Atria to OSK Property Holdings for RM75,000,000 in March 2007.
After procuring this iconic plaza, OSK Property proposed to renovate and revamp Atria into a 33-storey office tower with a 4-level retail podium and a 3½ level basement car park. However, in January 2009, OSK Property changed its mind to redevelop this magnificent mall into a retail and commercial centre.
The revival of Atria will feature a 22-storey building with separate blocks of 12-storey buildings. It is scheduled to start in the second half of 2010 with gross development value of RM1 billion and it is expected to complete in 2012. Up to this date, the developer stated that the redevelopment of Atria is still in the planning stage.
As superior shopping malls appear, Atria seemed to lose its attraction. People are more concerned in going to other malls such as 1-Utama Shopping Centre, Tropicana City and The Curve among others, which most are located just a few minutes away from Atria. Currently, the latter appeared to be a community mall, providing for houses and offices neighbouring it.