CapitaLand plans to complete renovation by 2021.
CapitaLand unveiled more renovation plans for Golden Shoe Car Park, including turning it into a 51-storey building for Grade A office space.
According to a press release, the 280-metre development is scheduled for completion in the first half of 2021.
Moreover, the development will be expanded to handle 635,000 sqft of office space, a 299-unit Citadines serviced residence and ancillary retail space.
Singapore Business Review previously reported that development costs could hit $1.5b-$2b.
CapitaLand Commercial Trust (CCT) and Mitsubishi Estate Co., Ltd (MEC) are the joint venture partners for the redevelopment of the park.
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