BANGKOK, Feb. 20, 2023 /PRNewswire/ -- One Bangkok, the largest holistically integrated district in the heart of Bangkok, unveiled its 'Evolving Bangkok' vision to not only propel Bangkok but also progress with the city. Through its 'Urbanverse', One Bangkok aims to offer a multitude of urban living experiences in one district and create a new lifestyle blending Bangkok's rich heritage with a distinctly global outlook. One Bangkok will further elevate the Rama IV district to become the city's prime Central Business District (CBD). One Bangkok is being jointly developed by TCC Assets (Thailand) Co., Ltd. and Frasers Property Holdings (Thailand) Co., Ltd.
Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property Limited
Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property Limited, said "Rama IV Road, where One Bangkok is located, has been an important trading artery with a long history of great commercial and cultural significance. With unprecedented private and public sector participation in recent years, Rama IV Road today is once again full of vitality and economic potential, poised to become Bangkok's new urban core. Our Group is committed to bringing this vision to life and has been involved in the development of several projects, spanning from Samyan Mitrtown, Silom Edge, The PARQ, FYI Center, to Queen Sirikit National Convention Center. One Bangkok is the keystone project -- the centrepiece that will cement Rama IV's status as the strategic economic engine for Bangkok -- to drive the city forward as an international centre of commerce that attracts top-level businesspeople, investors, and tourists, both local and international, alike."
One Bangkok is being developed as a new urban district that taps the richness of the city's past to guide its future. One Bangkok will uplift Rama IV district to become the new heart of Bangkok, supported by four pillars that enhance the quality of life for all.
The first pillar is 'Being the Movement' to lead the charge to evolve Bangkok and progress with the city as the ideal urban district that emphasizes the quality of life, catalyzing progress through its forward-thinking masterplan. The second pillar is 'Amplify Bangkok's Values' to capture the city's values and charms to inspire designs and experiences within the district, and by celebrating the city's rich heritage while maintaining a global outlook. The third pillar is 'Redefine the Cityscape' to reshape the city as the keystone development on Rama IV, thereby establishing the district as the new urban core of Bangkok that is alive 24/7, shifting the city's centre of gravity. The final pillar is 'Empower Life in a Smart and Sustainable Ecosystem' to make life more convenient for all by centring every consideration around the human experience, allowing people not just to live but to thrive in the physical/digital environment, while growing sustainably along with the city.
One Bangkok encompasses a multitude of urban living experiences in one holistic development. The project not only integrates Rama IV with Bangkok physically but also connects, collaborates, enhances, and complements with other neighbouring districts, thereby driving the meaningful transformation of the city and bringing tangible benefits in quality of life and experiences beyond its boundaries.
The eight members of the 'Urbanverse' are:
One Bangkok aims to become the first development in Thailand to attain LEED for Neighborhood Development Platinum certification with several buildings being built to WELL Platinum standards to support human health and wellness. Its office buildings are also targeting WiredScore and SmartScore certifications to ensure they are best-in-class smart buildings that deliver an exceptional user experience, meet high standards of sustainability, and are future-proof. This exceptional vision and drive for excellence have already been recognized with two prestigious awards from the PropertyGuru Asia Property Awards Grand Final 2022. One Bangkok is the first Thai real estate project to win the Best Landmark Mixed-Use Development (Asia) Award and the Best Office Development (Thailand) Award. One Bangkok's first phase is scheduled for opening in the first quarter of 2024.
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About One Bangkok
One Bangkok will be the largest integrated development in central business district and most comprehensive real estate project in Thailand, with an investment value of over THB120 billion, on the total land area of 108 rai When fully completed, the project will include 5 premium Grade A office towers, 4 distinct retail precincts, 5 luxury and lifestyle hotels and 3 luxury residential towers operating under the core values of people-centric, sustainability and smart city living.
About Frasers Property Limited
About Frasers Property Limited Frasers Property Limited ("Frasers Property" and together with its subsidiaries, the "Frasers Property Group" or the "Group"), is a multinational investor-developer-manager of real estate products and services across the property value chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST") and headquartered in Singapore, the Group has total assets of approximately S$40.2 billion as at 30 September 2022.
Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.
Frasers Property is also the sponsor of two real estate investment trusts ("REITs") and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.
The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.
For more information on Frasers Property, please visit frasersproperty.com or follow us on LinkedIn.
About TCC Assets (Thailand) Company Limited
TCC Assets (Thailand) Company Limited (TCC Assets), established in 2013, is a fully integrated property development company, with a registered capital of ten billion baht. It is part of the TCC Group, one of the most well-known companies in Thailand. TCC Assets' investment model focuses on creating added value to assets through product and service development. TCC Assets, subsidiary company, and affiliated company focus on the development of residential real estate projects, office building and retail space, along with hotel business and services related to IT.
For more information on TCC Assets, please visit www.tccassets.com.
