COMMERCIAL PROPERTY | Staff Reporter, Singapore

Golden Shoe Car Park to add 635,000 sqft of office space

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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