New integrated development breaks ground in Singapore’s CBD

CapitaLand Limited, one of Asia’s largest real estate companies, CapitaLand Commercial Trust (CCT) and Mitsubishi Estate Co. (MEC), the joint venture partners for the redevelopment of Golden Shoe Car Park in Singapore, have unveiled more details on the “future of work” blueprint for the new integrated development at its groundbreaking ceremony.

On par with the tallest buildings in the heart of Singapore’s central business district, the 280-meter development is scheduled for completion in the first half of 2021.

The former Golden Shoe Car Park will be transformed into a 51-story vertically integrated community comprising 635,000 square feet of grade A office space, a 299-unit Citadines serviced residence to be managed by The Ascott Limited and ancillary retail space.  The popular Market Street Food Centre will also return, occupying two floors in the development. There also will be five floors of car park with about 350 lots, 10 motorcycle lots, 165 bicycle parking lots and 12,000 square feet of ancillary retail space.

A video of the concept of the redevelopment project can be found here and a construction innovation video of the project can be viewed here.