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Rama IV Road Turning Over a New Leaf

By on Apr 10, 2019 in Featured, Property News

Rama IV Road Turning Over a New Leaf

Rama IV Road in Bangkok will be turned into a hub of green architecture in Bangkok with the planned development of new projects, designed under the environmentally friendly and energy-saving concept, between 2020 and 2025. The buildings come with a total investment of Bt285.2 billion.

Among the future properties in the location – from Lumpini Park to Klong Toei, is the Bt120-billion One Bangkok by TCC Asset and the Dusit Central Park, which covers a total space of 440,000 square metres at an investment of Bt36.7 billion by Dusit Thani Plc and Central Pattana Plc.

Other properties to rise in the area include the FYI Center Building on RamaIV Road, designed with a focus on energy conservation and the environment.

With an investment of Bt8.5 billion, Golden Land Property Development Plc will develop Sam Yan Mitr Town as TCC Asset plans another green project in the proximity, the Bt20-billion PARQ near the Queen Sirikit National Convention Centre.

Having received a TREE certification from Thai Green Building Institute, Ananda Development will develop Ideo Mobi, a condominium project.

TCC Asset’s One Bangkok is the first project in Thailand to have received a Platinum certification for Neighbourhood Development from LEED (Leadership in Energy &Environmental Design).

Its architecture and landscape design respond to the tropical climate and ecology, utilising sustainable approaches and technologies to significantly reduce energy expenditure and water consumption.

The master plan by Thai architecture firm Architects 49 in collaboration with Skidmor, Owings & Merrill LLP (SOM) and Plan Association, centralises the energy and water-management systems to optimise efficiency and anticipate future growth. The use of green space and permeable materials will retain rain water onsite to reduce runoff and facilitate absorption to help replenish groundwater resources.

The project is a presentation of a fully-integrated “city-within-a city”district under the concept of sustainable and smart living. It is located in the heart of Bangkok on the site of the former Suan Lum Night Bazaar with over 1.83 million square metres of land.

It will be known as an epicentre of modern living in Asean, meeting the Platinum standard of LEED Neighbourhood Development and the standard of US’ International WELL Building Institute – featuring hotels,residential buildings, office towers and retail spaces within a district, according to Architects 49.

Meanwhile, Dusit Thani Plc and Central Pattana Plc have teamed up for Dusit Central Park, a Bt36.7-billion mixed-use project under the green concept, it was announced last week.

Wallaya Chirathivat, deputy CEO of Central Pattana Plc, said the project focuses on the need for a large, green area in view of visitors’ preference to stay close to nature and follows the trends of energy efficiency.

Dusit Central Park will connect four Bangkok neighbourhoods in four directions – Ratchaprasong (north),Charoen Krung (south), Sukhumvit (east), and Yaowarat (west) – creating a new junction where old meets new,and financial meets commercial. This seamless connection responds to both business and lifestyle needs, she said.

The project is expected to be completed in 2024.

Meanwhile, the state-owned Port Authority of Thailand (PAT), is developing 2,353 rai on Klong Toi port under a five-year master plan (2019-23). It plans to combine the port and commercial areas for development with an investment of Bt100 billion.

The plot will be divided into zones for various purposes with the port and Customs department area occupying 943 rai; area for port service, 118 rai;state-owned area,160 rai; rental area for state units, 160 rai; commercial area for rent by the private sector, 313 rai; rental area for social activities, 203 rai; residential area, 198 rai; and a 200-rai transport hub.

All structures on the plot will be built under the green concept, said a source from the port authority.

Following completion of the mixeduse projects in 2025, RamaIV and the central business district in its proximity will become a landmark of green architecture in Bangkok, said a prop-erty expert.

Buy or Rent Condominiums near Rama IV Road contact CBRE

Source: The Nation – 8 April 2019

Nora has been in the Corporate Communications arena for a number of years. Nora's role is to communicate all newsworthy items that are of a PR nature.

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