Masterplan unveiled for Bangkok’s $3.8 billion integrated smart district
A joint venture between TCC Assets and Frasers Property Holdings, One Bangkok is aiming to become a new global landmark, attracting businesses, tourists and locals. It will include offices, retail, hotels, residences, cultural and social spaces – all based around a central 10,000 sqm Civic Plaza.
Over 250,000 smart sensors will underpin facility management and preventive maintenance.
The entire district, encompassing 16.7 hectares, will be enabled by a smart centralised infrastructure system, which the company says will be the first of its kind in Thailand for a private development.
City within a city
When the development was first announced in 2017, the company described One Bangkok as a ”city-within-a-city”.
Almost half the land area will be devoted to green and open spaces. It is the first project in Thailand to target LEED Neighborhood Development Platinum certification, with its office towers also targeting both LEED and WELL certification.
One Bangkok says the master plan prioritises accessibility and ease of navigation. It will directly connect to the Metropolitan Rapid Transit System as well as six road access points, including the expressway. One Bangkok says it will also promote walkability across the district.
According to the developer, the initiative could give the city “a new economic engine,” with a combined office space of almost 500,000 sqm to accommodate 500 businesses. Four differentiated retail precincts will offer 450 stores and leisure outlets covering over 180,000 sqm. There will also be five hotels, with the first – The Ritz-Carlton, Bangkok – scheduled to open in 2023.
A central tower is set to become one of ASEAN’s ten tallest buildings.
The first residences, comprising 110 ultra-luxury apartments, will launch in early 2020.
A focal point of the development will be a 430-metre Signature Tower, housing office spaces and a luxury hotel. The Tower is set to become one of ASEAN’s ten tallest buildings.