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Show DC Adding Outdoor Area to Its Mega Complex

By on Dec 04, 2015 in Property News, Retail

Show DC Corporation yesterday announced it was adding a 14-rai (2.25-hectare) outdoor component to its retail and entertainment mega-complex at the cost of Bt1.1 billion.

Called the Oasis Outdoor Arena and Creative Market, the new outdoor area will open this month with a New Year’s Eve countdown concert featuring Korean mega-star Rain and K-Pop sensation Beast.

Show DC says the Oasis Outdoor Arena is a new hip outdoor hangout place in the prime Jaturathit-Rama IX area of Bangkok for outdoor stage performances and an outdoor eco-social-enterprise container market.

The outdoor arena will open ahead of the official opening of the main retail and entertainment complex, which is scheduled for around June next year. The retail and entertainment complex itself will cost about Bt9.5 billion and will have 150,000 square metres of gross floor area, which will include the world’s largest “K-town” outside South Korea.

The outdoor arena expects around 20,000 visitors a day by the end of January. This will be on top of the 100,000 visitors per day the company expects at the Show DC complex when it is fully up and running after the middle of next year. The mall is expected to achieve a return on investment within five years.

Chayaditt Hutanuwatra, chairman of Show DC Corp, said the main development objective of Oasis Outdoor Arena and Creative Market was to strengthen Show DC’s proposition to offer a rich mix of retailing and food and beverages with spectacular entertainment facilities.

He said the outdoor arena would occupy 10,000sqm for massiven performances with capacity to pack in as many as 30,000 spectators and to host international performances.

The creative market will occupy 20,000 sqm. Made from shipping containers, it will accommodate more than 500 outlets in multiple zones, including shops for fashion, food and beverages, and organic fruits and vegetables brought in direct from growers.

“Show DC and Oasis Outdoor Arena and Creative Market will work together, and they aim to attract both foreign and local visitors. Both are essential for success, which is why we have elements that will appeal to both target groups,” Chayaditt said.

“At the Oasis Outdoor Arena, the performance zone will probably attract mostly local visitors. However, the creative market is likely to appeal to both local and foreign visitors as a relaxed chill-out place with lots of art and fun.”

Source: The Nation – 4 December 2015

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