TCC Group to Build US$3.5 Billion Integrated District Called ‘One Bangkok’ in Bangkok City-centre
- Filed under News
- Posted on Tuesday, 25 April 2017 21:49
- By Zac Erawan
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.
Key Takeaways:
- One Bangkokis being designed to be a self sustaining economic system. A city within a city is the driving idea behind the project.
- A multi national real estate firm is taking the lead in the development of one Bangkok
- Barring any delay the project, One Bangkok is scheduled to be completed in 2025.
“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.”
Read more: TCC Group to Build US$3.5 Billion Integrated District Called ‘One Bangkok’ in Bangkok City-centre
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Zac Erawan
Owner at NewThaiHotels
Hotel Otaku. Hotel reviewer. Aspiring photographer. Xenodocheionologist.
Zac fuses his lifelong passions for 1. Beautiful Hotels & Resorts, 2. Thailand and 3. Website Design to bring NewThaiHotels to life, sharing the latest information on new and exciting luxury hotel openings in stunning tropical Thailand.
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