Bangkok to build people-centric city within a city.
04 Apr 2017.
The development will have eight hectares of green and open areas in the city centre It is hoped One Bangkok will position the Thai capital as a key gateway city in Asia.
TCC Assets (Thailand) and Frasers Centrepoint Limited (FCL) are to jointly develop ’One Bangkok’, Thailand’s first and largest fully integrated district built on people-centric principles and a focus on environmental sustainability and smart-city living. It will span an area of 16.7 hectares, with eight hectares allocated to green and open space. It is the largest private sector property development initiative ever undertaken in Thailand with an estimated investment value of approximately US$3.5 billion. Its first component parts will open in 2021.
“Our vision is to create a place that people can love and want to spend time in, which everyone in the city will feel is an integral part of our city,” said Charoen Sirivadhanabhakdi, chairman, TCC Group. “Once completed, it will be a global landmark that will enhance Bangkok’s and Thailand’s stature on the world stage.”