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Old April 11th, 2011, 03:56 AM   #1
cattivo
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TRADEWINDS TOWERS (K. ANTARABANGSA) | Kuala Lumpur ( Jalan Sultan Ismail ) | 60 fl, 55 fl, 14 fl, 8 fl | 300m, 230m | Demo

http://www.btimes.com.my/Current_New...cle/index_html


KUALA LUMPUR: Tradewinds Corp Bhd (TCB), which plans to demolish the Crowne Plaza Mutiara Hotel and Kompleks Antarabangsa, to make way for a "multi-billion-ringgit" mixed commercial development, is in talks with several local and foreign parties to help finance the project.

Chairman Tan Sri Megat Najmuddin Megat Khas said it is looking for joint venture partners to develop the project.

"We are talking to property developers and funds both local and foreign," he told Business Times.

He hopes TCB will hold a majority stake in the joint venture that will develop the property.

TCB plans to bring down the hotel and the office building located on Jalan Sultan Ismail to make way for a "multi-billion-ringgit" mixed commercial development. The buildings sit on a 2.43ha plot.

In preparation for this eventuality which could take over another year, in April 2010, TCB's 85.1 per cent unit, Tradewinds Hotels & Resorts Sdn Bhd, entered into an agreement to sell Crowne Plaza to Symbolic Supreme Sdn Bhd for RM384 million.

Tradewinds owns 100 per cent of Symbolic Supreme. The transfer is to facilitate future development.

TCB has obtained the development order to go ahead and come out with detailed plans for development based on the allowed plot ratio.

It is looking at the possibility of building an office, retail and residence component on the land to provide the group with recurring income stream.

Megat Najmuddin said the building will be "something soaring" and would cost billions of ringgit.

Crowne Plaza is a 38-year-old building of 35-storeys and 565 rooms. It first opened as the Kuala Lumpur Hilton. It is now managed by the InterContinental Hotels Group (IHG) which may still have eight years remaining under the management contract.

Prior to IHG's management, Tradewinds managed the hotel on its own for a short period under the name Mutiara KL.

Kompleks Antarabangsa, meanwhile, is a 30-year-old building with 21 storeys of car parks. The net book value of the office is RM159.83 million, as at December 2009.

The building together with land may be worth an estimated RM1.5 billion, based on recent land deals.



*pls remove this if this topic already exist. tq.

Last edited by TYW; April 18th, 2011 at 04:02 PM.
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Old April 11th, 2011, 04:03 AM   #2
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Old April 17th, 2011, 05:50 AM   #3
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We will use this thread for TRADEWINDS CENTRE Jalan Sultan Ismail.


Quote:
Originally Posted by nazrey View Post
Tradewinds seeks partners for mixed development project
By Vasantha Ganesan Published: 2011/04/11
http://www.btimes.com.my/Current_New...cle/index_html

KUALA LUMPUR: Tradewinds Corp Bhd (TCB), which plans to demolish the Crowne Plaza Mutiara Hotel and Kompleks Antarabangsa, to make way for a "multi-billion-ringgit" mixed commercial development, is in talks with several local and foreign parties to help finance the project.

Chairman Tan Sri Megat Najmuddin Megat Khas said it is looking for joint venture partners to develop the project.

"We are talking to property developers and funds both local and foreign," he told Business Times.

He hopes TCB will hold a majority stake in the joint venture that will develop the property.

TCB plans to bring down the hotel and the office building located on Jalan Sultan Ismail to make way for a "multi-billion-ringgit" mixed commercial development. The buildings sit on a 2.43ha plot.

In preparation for this eventuality which could take over another year, in April 2010, TCB's 85.1 per cent unit, Tradewinds Hotels & Resorts Sdn Bhd, entered into an agreement to sell Crowne Plaza to Symbolic Supreme Sdn Bhd for RM384 million.

Tradewinds owns 100 per cent of Symbolic Supreme. The transfer is to facilitate future development.

TCB has obtained the development order to go ahead and come out with detailed plans for development based on the allowed plot ratio.

It is looking at the possibility of building an office, retail and residence component on the land to provide the group with recurring income stream.

Megat Najmuddin said the building will be "something soaring" and would cost billions of ringgit.

Crowne Plaza is a 38-year-old building of 35-storeys and 565 rooms. It first opened as the Kuala Lumpur Hilton. It is now managed by the InterContinental Hotels Group (IHG) which may still have eight years remaining under the management contract.

Prior to IHG's management, Tradewinds managed the hotel on its own for a short period under the name Mutiara KL.

Kompleks Antarabangsa, meanwhile, is a 30-year-old building with 21 storeys of car parks. The net book value of the office is RM159.83 million, as at December 2009.

The building together with land may be worth an estimated RM1.5 billion, based on recent land deals.

Quote:
Originally Posted by nazrey View Post
Tradewinds Towers
Kuala Lumpur : Expected Completion - 2016

http://www.gdparchitects.com/project...ds-towers.html



The Tradewinds Center explicitly seeks to establish itself in the international arena of great financial developmetns. The Tradewinds project offers Kuala Lumpur many exciting features that will enhance and expand the city's growing modern qualities, similar to Rockefeller Center for New York or Roppongi Hills for Tokyo.



The development will be vibrant and active at all times through its complex program mix. Its signature profile will greatly contribute to the overall composition of the city skyline. Its large scale and memorable public plaza unites neighborhoods in the urban fabric, creating a system of pedestrian friendly movement that is integrated with the public transportation system. The architecture of the buildings establishes connections with traditions of Kuala Lumpur's rich history by linking Islamic pattern making to its modern exterior design. Its sustainable strategy will make the building a leader in environmental design.

SITE
300,560 sq.m / 6.9 acres

TOTAL GROSS FLOOR AREA
3,173,093 sq.m
PLOT RATIO
10.55

DEVELOPMENT COMPONENTS
Office: 2,112,087 sq.m
Hotel (156 rooms): 143,522 sq.m
Serviced Apartments (325 units): 368,818 sq.m
Medical Centre: 198,607 sq.m
Retail: 350,336 sq.m
Tower A: 60 stories (300.0 m height)
Tower B: 55 stories (230.0 m height)
Tower C: 14 stories (51.5 m height)
Tower D: 8 stories (41.75 m height)

NO. OF CAR PARKS
2,888

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THE KUALA LUMPUR DEVELOPMENTS COMPILATION (LATEST: AUG'2014) >>> PAGE 1 >>> PAGE 2 (Suburb)

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Old April 17th, 2011, 04:36 PM   #4
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want me to rename this thread?
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Old April 17th, 2011, 05:10 PM   #5
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Quote:
Originally Posted by cattivo View Post
want me to rename this thread?
I've requested Mod for:

TRADEWINDS TOWERS (K. ANTARABANGSA) | Kuala Lumpur ( Jalan Sultan Ismail ) | 60F, 55F, 14F, 8F | 300m, 230m | Proposed
http://www.skyscrapercity.com/showthread.php?t=1358205
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Old April 18th, 2011, 04:04 PM   #6
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Wow!! awesome design! gotta be KL's best if built!
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Old April 20th, 2011, 08:31 PM   #7
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Tradewinds project to change KL skyline
By Vasantha Ganesan Published: 2011/04/21
http://www.btimes.com.my/Current_New...cle/index_html



A New "multi-billion ringgit" development on a plot of land where the Crowne Plaza and Kompleks Antarabangsa now sit is expected to be completed in 2016, according to an architect's website.

According to the GDP Architects' website, the project - dubbed the "Tradewinds Centre"- will involve a total gross area of 3.17 million sq m and on a plot ratio of 10.55.

The web page and the artist's impression were, however, removed from the website late yesterday evening.

"The Tradewinds Centre explicitly seeks to establish itself in the international arena of great financial developments. The Tradewinds project offers Kuala Lumpur many exciting features that will enhance and expand the city's growing modern qualities, similar to Rockefeller Center for New York or Roppongi Hills for Tokyo," the website said.

The development, to be carried out by Tradewinds Corp Bhd, will encompass four towers and be built on a 2.79ha plot along Jalan Sultan Ismail.

These towers will each have 60 storeys, 55 storeys, 14 storeys and eight storeys. They will house offices, serviced apartments, retail and a medical centre.

GDP added that the development will be vibrant and active at all times through its complex programme mix.

"Its signature profile will greatly contribute to the overall composition of the city skyline. Its large scale and memorable public plaza unites neighbourhoods in the urban fabric, creating a system of pedestrian friendly movement that is integrated with the public transportation system," GDP added.

The architecture of the buildings establishes connections with traditions of Kuala Lumpur's rich history by linking Islamic pattern making to its modern exterior design.

Its sustainable strategy will make the building a leader in environmental design, it said. The entire centre will have a total of 2,888 carparks.

However, it is understood that some changes may be made to the plan.
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Old April 21st, 2011, 04:24 AM   #8
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so many cool projects since last year...amazing!!!!
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Old May 14th, 2011, 05:36 PM   #9
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ok patchy, sorry for my bad..
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Old September 6th, 2011, 04:36 PM   #10
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thanks nazrey but it should be here...


Quote:
Originally Posted by nazrey View Post
It will gone forever or it will last till the end!?
image hosted on flickr

Hotel Crowne Paza ... by 黄清华 WongCW, on Flickr
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Old September 8th, 2011, 01:32 AM   #11
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Render looks really nice but it's kind of sad to see Crowne Plaza go......... For a 38 year old hotel it doesn't look it's age
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Old September 8th, 2011, 08:03 AM   #12
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It only needs exterior upgrade not demolishing it!Thats why pernas never makes money from day 1
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Old September 8th, 2011, 02:20 PM   #13
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crowne plaza look so nice,they shudnt demolish tht building,but then again this project is too amazing,they shud build it sumwhre else
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Old September 8th, 2011, 04:11 PM   #14
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Quote:
Originally Posted by dengilo View Post
It only needs exterior upgrade not demolishing it!
Agree!! I always look forward to staying in this hotel.................
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Old September 11th, 2011, 03:54 AM   #15
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Im with u guys! just need sum cosmetic work it'll look as good as new!
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Old September 12th, 2011, 02:22 AM   #16
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Guys, I understand your sentiment and I feel the same too... I remember those old days when Louis Vuitton used to be here, before relocating to Starhill. And what about the former DFS Store KL which was also in the Crowne Plaza? As well as the large buffet spread at the hotel's long-time Planter's Inn coffee house?

Still, we need to cast an eye to Hong Kong, where many old hotels have been demolished for new development. While gems like Mandarin Oriental and Peninsula remain, others like the Hilton as well as Hyatt Regency have gone forever (Hilton replaced by Cheung Kong Center, although the Hyatt has reopened in a super-tall 80-storey building!).

Looks like Crowne Plaza Mutiara will also go through the same fate as these old-timers very soon!
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Old September 23rd, 2011, 03:34 AM   #17
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Quote:
Hotel Istana to come down
By Vasantha Ganesan Published: 2011/09/23
http://www.btimes.com.my/Current_New...#ixzz1Yjd7nJBO

Kuala Lumpur: Tradewinds Corp Bhd may demolish yet another building in the city centre.

Kuala Lumpur mayor Tan Sri Ahmad Fuad Ismail said that TCB has been granted a development order for the 20-year-old Hotel Istana, located at the corner of Jalan Raja Chulan and Jalan Sultan Ismail.

Ahmad Fuad said the order was granted this year to make way for another project.

The 30-year-old Hotel Istana sits on a freehold land measuring 11,803 sq m. The 25-storey hotel has a room inventory of 516 rooms.

TCB, controlled by tycoon Tan Sri Syed Mokhtar Al-Bukhary, had last year been granted an order that would allow it to bring down the 39-year-old Crowne Plaza Mutiara Hotel and the 32-year-old Kompleks Antarabangsa.

The demolishment of these two assets located along Jalan Sultan Ismail is to make way for a "multi-billion-ringgit" mixed commercial development.

The project, dubbed the "Tradewinds Centre", is said to involve a total gross area of 3.17 million sq m.

"Crowne Plaza will be demolished and there will be a new one (new accommodation) and Hotel Istana will be demolished to have a new one," Ahmad Fuad said after the ground-breaking ceremony for the Holiday Villa Kuala Lumpur City Centre yesterday.

Given that the Mutiara Beach Resort in Penang had been closed for several years now and TCB has the Tradewinds Centre project in hand, plans for redevelopment of the Hotel Istana site could take some years.

It is understood that over the years, the hotel had been attracting many buyers. In 2007, TCB had even weighed the option of setting up a real estate investment trust that would comprise its hotels.
So Hotel Istana, Crowne Plaza Mutiara Hotel and Kompleks Antarabangsa.. all will bring down!?!
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Last edited by nazrey; September 23rd, 2011 at 03:42 AM.
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Old September 23rd, 2011, 07:08 AM   #18
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owh..good news..
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Old September 23rd, 2011, 11:20 AM   #19
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Yeah baby...implode them all just like Vegas. As long as they are replaced with something interesting...not another boring mall or worse still, another unfinished project...the chances of this happening gets greater with another recession looming around the corner...
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Old September 23rd, 2011, 11:21 AM   #20
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hope it will replace with 40-60floor residence+hotel
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