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See you on a dark night
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Discussion Starter #2
Bt35-bn mega mixed-use project to take shape


Kwanchai Rungfapaisarn
The Nation March 28, 2012 1:00 am

Tipaporn Chearavanont, left, and Chadatip Chutrakul, right
Siam Piwat, the operator of Siam Centre and Siam Discovery Centre, yesterday signed a joint-venture agreement with CP Group and Magnolia Quality Development for the development of a mega mixed-use project, which will require the country's highest-ever investment by the private sector.

Worth about Bt35 billion, the project - described as a world-class lifestyle shopping and residential destination - will be developed on a 40-rai (6.4-hectare) plot on Charoen Nakhon Road in Bangkok. Construction will commence early next year, with completion scheduled for 2015.
"We are preparing the master plan, which will be based on an in-depth survey of 5,000 respondents aged from 18 to 60 who live within a 20-kilometre radius of the project," said Siam Piwat chief executive officer Chadatip Chutrakul. "Consisting of Thais, expatriates and foreign tourists, the respondents will share their valuable ideas and requirements on what they would like to have in the project when it has been developed."
Siam Piwat will own 50 per cent of the project, with CP Group and Magnolia each having 25 per cent. The land will account for 12 per cent of the overall project cost, and the debt-to-equity ratio will be 1:1, she said.
Tipaporn Chearavanont, CEO of Magnolia Quality Development, said: "We want the new property development, which will include a residential project, to be among the first choices for foreigners who want to live in Bangkok.
They can spend their normal life as when they are abroad, such as working, trading stock and connecting to the outside world.
"The project will serve the Asean Economic Community, which comes into effect in 2015, and will create a big flow of people in and out Thailand."

Location 'very accessible'
Chadatip said the project location would be very accessible - only five minutes from the Silom and Sathorn business districts - and could be reached by boat from the Chao Phraya River, or by the BTS Skytrain. It will have a 400-metre frontage, and will be surrounded by many 5-star hotels.
"This plot of land is blessed with a breathtakingly beautiful view and great business potential," she said.
"It lies close to Bangkok's central business district with the broadest reach to potential customers, whether they be Thais living along the north and south banks of the river who will have easy access by boat, or Thais and foreigners working and living in the business districts of Silom, Sathorn, Sampeng and Naradhiwas Rajanagarindra, as well as residents in the Thon Buri and Ratchaphruek areas, and a large number of tourists staying at 5-star hotels all around the development.
"It is a really strategic location in western Bangkok," she said.
Tipaporn said: "We are pioneering this new era in the design of such developments in Thailand, leaving behind the phase of mixed-use developments and moving forward to what I call the era of 'magnificent location' developments.
"This land, firmly placed at the centre of the city's river life, has been lying full of untapped potential. It has witnessed the evolution of Bangkok and life along the Chao Phraya River for centuries. And it will now become a hugely sought-after prestige address that is priceless, and one that proudly carries that heritage," she added.
The Magnolia CEO said that because of its size and its location, the project would also help pump life into the city and re-energise Bangkok, as well as enable many more people to benefit from the waterfront.

Physical/emotional landmark
"We want to create a physical and an emotional landmark; not just another building or commercial venture, but something that can further enhance Bangkok's stature in the region and the world; something that will become a new attraction in the city for both local and international visitors. That's because we have seen that iconic landmarks on a city's main river can move that city forward - whether in Paris, London, Shanghai or Sydney," she said.
"This project can help Bangkok capture a historic opportunity - one that will make it a top regional hub for tourism and business, increasing the flow of people and businesses into Thailand and helping to propel our economy upwards."
 

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See you on a dark night
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Discussion Starter #3 (Edited)
Even though there are no sources confirming that it will be a super tall. Based on the facts, (around $1.1 billion dollars investment in this project) and this description by Chad

^^ I just saw the initial scheme, 2 relatively very tall buildings (5 stars hotel and condominium tower) with another 1 wanna be which I predicted to be a 3.5 star hotel.
There is a vast open space in the middle forming a T shape junction at the river frontage. Both podiums look like a freeform cascade connected with many hanging bridges, a bit like the River's Vue.

I think it is pretty much guaranteed we are getting a super tall . Although if we don't theirs nothing wrong with moving this thread to another section right? ;)
 

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Get Silly!
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don't think there's any tower less than 300m with over 90 floors on earth. though it's possible to build.
Hmm, what about the Eureka Tower in Melbourne? 298m and 94 floors, I think. If it is a residential, I think it is possible it isn't a supertall, but either way it will likely be very, very close.
 

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See you on a dark night
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Discussion Starter #12


Taken by Jeweller from The River Condominium.

Grand River Place is the huge green plot.
 

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hubba hubba
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Indeed, it is overdone. That's why it fits perfectly in the cityscape of Bangkok. I'm not sure if it will be a supertall though
 

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It's not going to be 95 floors or if it will be a Supertall at all, they never said such thing.. People are just assuming it would be with that amount of money. Now we're just waiting for the final render to come out.
 
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