Page 53 - Building Journal - April 2017

Overseas

TCC Group to build US$3.5 billion

integrated district in Bangkok

CC Assets (Thailand) Co Ltd and Frasers Centrepoint differentiated retail precincts, and a rich variety of civic
Limited will jointly develop 16.7 hectares in the areas, and art and culture facilities. Eight hectares of its
Theart of Bangkok into one of the world's "must-visit" total land area of 16.7 hectares is dedicated to greenery
destination city districts. The project will create Thailand's and open spaces.
first fully integrated district that is built on people-centric One Bangkok is being developed by a joint venture
principles and a focus on environmental sustainability and between TCC Assets (Thailand) Co Ltd, holding 80.1%,
smart-city living. and Frasers Property Holdings (Thailand) Co Ltd holding
Out of the total land area of 16.7 hectares, the project 19.9%. The land is leased from the Crown Property
has a generous allocation of 8 hectares of green and open Bureau.
space to the city centre. It promises to become a new Ms Su Lin Soon, a highly reputed and experienced
global landmark when its first components open in 2021. real estate professional and Chief Executive Officer of
The project, called One Bangkok, is the largest private One Bangkok, said, "Accessibility, connectivity, and
sector property development initiative ever undertaken sustainability are top priorities in our urban planning.
in Thailand with an estimated investment value of New quality standards, international best practices
approximately US$3.5 billion. When all components and diversity in the mix of uses and architecture are
are completed in 2025, it will have a gross floor area fundamental features of the master plan, designed by
of 1.83 million square metres, comprised of five Grade Skidmore, Owings & Merrill. Supported by local expertise
A office towers built to LEED and WELL standards, five from Plan Associates, and A49, the master plan combines
luxury and lifestyle hotels, three ultra-luxury residential both international and local experiences from the most
towers, a comprehensive array of retail offerings within influential architectural and urban planning firms."

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