A lot of cities are trying to become more of a metropolitan area to appeal to their civilians or tourists when they come visit. Cities will take on million or even billion dollar projects just to create the perfect city or attraction. That is exactly what Bangkok is doing in this article. They are taking on a 3.5 billion dollar project called ‘One Bangkok’, which will be Thailand’s first integrated city. Once completed 2025, the project, adjacent to Lumpini Park will house five office towers and 5 luxury hotels and 3 luxury residential towers, shopping and public spaces. There will be 2.5 hectares or green space including 2.5 kilometers of paths for running, walking and cycling.
Two companies are joining together to build this giant multi-center district. TCC Assets (Thailand) Co. Ltd. and Frasers Centrepoint Limited investment will cooperate to create a landmark location in Asia that acts as a gateway for prosperity within the city; it will be the first of its kind in Thailand.
“The project, called ‘One Bangkok’, is the largest private sector property development initiative ever undertaken in Thailand with an estimated investment value of approximately US$3.5 billion.”