Page 54 - June #173

Melbourne Quarter
Melbourne, Australia
Developer: Lendlease

affles Ci
t
R Raffles City y
e Bun
Th
The Bund, Singapore
g
d, Sin
apore
Developer: CapitaLand
De v elo per : Capi taLan d
the very heart of Kuala Lumper with around one million square feet of City The Bund, CapitaLand’s third and largest Raffles City development at the end of June 2021. The four buildings will be 140,000sq m, eight years.
retail opportunities, showcasing Malaysia to the rest of the world. in Shanghai, opened to great fanfare and a healthy committed occupancy 490,000sq m, 20,000sq m and 30,000sq m in size, providing a mix of The Harbourside Shopping Centre at Darling Harbour in Sydney,
A predominant project in the area, Raffles City Singapore by developer of 92 per cent highlighted the depth and diversity of China’s retail scene. offices, retail and parking. The opening dates for this project are spread Australia, is proposed to be redeveloped by the property owner,
CapitaLand is on course to reach the end of its rejuvenation in Q4 The integrated development is located along Huangpu River in Shanghai’s between 2021 and 2027. investment firm Mirvac Group. The redevelopment project was
2022 that will signal the integration of luxury and unique experiences fast-developing North Bund, a commercial and cultural hub with direct A key project by developer Lendlease is Melbourne Quarter, which is approved by the New South Wales Government’s Independent
into the mall. Over 50 new brands, inclusive of specialty retail stores access to metro Line 12. Designed by Pelli Clarke Pelli Architects with a vibrant commercial, residential, retail and cultural city neighbourhood Planning Commission in June 2021. The shopping centre has been in
or experiential concepts, are entering the scheme as part of the asset Benoy, the architecture comprises two 50-storey premium Grade-A – an authentic part of Melbourne’s CBD connecting the historic grid to existence since 1988 and is currently outdated. Set to be built in stages,
enhancement initiative that started in late 2021, to offer shoppers more office towers linked at the base by a six-storey mall (four levels above the emerging Southern Cross Precinct. Melbourne Quarter is centrally the redevelopment project is anticipated to involve an investment of
trend-setting, luxurious and seamless shopping experiences. The mall ground and two basement levels). Lauded as Shanghai’s tallest twin located in the city directly opposite Southern Cross station, with extensive $518M. The plan comprises the demolition of the existing shopping
rejuvenation, which has been in progress since late 2021, will reconfigure towers with a height of 263m, Raffles City The Bund offers stunning frontages to Collins Street and Flinders Street. It is one of the largest new centre to create a new 87,000sq m mixed-use development including
about 111,000sq ft of the retail space to add over 50 new brands across 270-degree panoramic views of Shanghai Bund and Lujiazui central mixed-use urban regeneration developments in Melbourne. The brand a new retail shopping centre, a residential tower, and significant
Levels 1 to 3, to create an elevated and international outlook. Shoppers business district on both sides of Huangpu River. new city block will include three next-generation commercial towers, enhancements to the public realm. The Harbourside Shopping
can expect a specially curated mix of well-established, premium brands, The large-scale redevelopment of Tokyo Tokiwabashi by Mitsubishi three residential apartment towers, and a diverse retail mix of food, Centre’s redevelopment will deliver one of the most innovative retail,
across fashion, beauty and lifestyle categories, new retail formats and Estate Co in the Tokiwabashi District in front of Tokyo station covers an lifestyle and wellbeing. More than 50 per cent of Melbourne Quarter entertainment and tourist destinations in Sydney. The mixed-use project
exciting digital experiences that make shopping at Raffles City engaging, area of 3.1ha and will be the largest project in the vicinity. The project will be open space, with public spaces including Melbourne’s first Sky aims to improve the experience for shoppers and establish Harbourside
enriching and delightful every time. comprises the following: two large-scale mixed-use buildings, Tower-A Park, a major public square on Collins Street, a new neighbourhood park as a revitalised retail and residential quarter in the city. Once complete,
An additional Raffles City project was launched by CapitaLand back in and B; an underground substation, Building C; a sewage pump facility, off Flinders Street and an exciting new Melbourne laneway, connecting the centre will house 24,000sq m of office space, 7,000sq m of retail
July last year; the opening of Raffles City The Bund was the latest testament Tower-D; a large plaza; and Tokiwabashi Park (building names are Collins and Flinders Streets. On full completion, Melbourne Quarter and 350 apartments. There will also be 10,000sq m of public domain,
to CapitaLand’s strengths in iconic integrated developments. The final provisional). One feature of this project is that the work will be carried is expected to accommodate approximately 14,000 workers and over including the 3,500sq m Guardian Square and a widened waterfront
component in the over 300,000sq m megastructure was to welcome the out in stages while enhancing the functions of key urban infrastructure 3,000 residents. Construction at Melbourne Quarter commenced promenade. Construction is expected to commence in 2023, subject
public to the 120,000sq m shopping mall. The retail component of Raffles such as the substation and sewage pump facility. Tower-A was completed in 2016 and is being delivered in stages over approximately six to to approvals.

Tokyo Tokiwabashi Harbourside Shopping Centre
Tokyo, Japan Sydney, Australia
Developer: Mitsubishi Estate Co Developer: Mirvac Group