Somebody had posted regarding this food street a while back. Today I had the priveledge of visiting the under-construction site.
This place is scheduled to start this Ramadhan, lets see how they do on their plans. On one side its next to the Netty Jetty Bridge (if you look over the side you will see it. On that side its got food shops and restaurants.
In the middle there is going to be a mall and on the other its still in the planning phase. Maybe you guys can get more info going forward on their official website:
http://www.grandleisure.com/main%201/main-1.html
Here are some pictures on the under-construction restaurants section: