More details have been revealed about the massive mixed-use development planned for downtown Bangkok on the high-profile site of the former Dusit Thani Hotel. Dusit Thani, the Thai hotel and property development company, is partnering with Central Pattana, which owns the Central retail and mall businesses, in the development, located a stone’s throw from the Sala Daeng skytrain station, adjacent to Rama 4 Road and Lumpini Park.
Scheduled for completion in 2024, the US$1.15 billion development will comprise 440,000sqm of prime real estate, including a new Dusit Thani hotel, luxury residences, a modern office tower and a high-end shopping mall. The development will open in three stages, firstly the 39-story hotel building, followed by Central Park Offices, whose 90,000sqm will be fitted out as a technology hub.
The 80,000sqm mall, to be called Central Park, is designed to interconnect with all elements of the development as well as the skytrain and adjacent underground railway stations. It will feature a rooftop park. Both the offices and mall are scheduled for completion in 2023. The final part of the project, a 69-storey residential tower which is divided into two sections – Dusit Residences and Dusit Parkside – will be completed subsequently.