GuocoLand to build mixed-use development at Tan Quee Lan Street
It will have 1.5 million sqft of gross floor area, sprawling over 3.2 ha of prime land.
GuocoLand has introduced its new mixed-use development Guoco Midtown II at Tan Quee Lan Street, which will also feature a residential project named Midtown Modern, a press release revealed.
The new combined master development will have 1.5 million sqft of gross floor area (GFA), sprawling over 3.2 ha of prime land. The expanded Guoco Midtown project is based on sustainability principles and new concepts of working and city living, the press release added.
It will comprise a 30-storey office tower with 770,000 sqft of premium Grade A office space, three concept retail clusters, two condominiums—Midtown Bay and Midtown Modern—with more than 700 luxury apartments, and a five-storey Network Hub building, a purpose-built business and social networking club.
The development was also built around biophilia and emphasised wellness, and will come with around 3.8 ha of landscape areas in the form of more than 20 concept gardens and public spaces. It is the largest development in the CBD currently under development.
Guoco Midtown is planned to be completed in phases between 2022 and 2024, and is expected to bring an additional 10,000 office workers, residents and visitors daily into the district.
The multi-billion development is led by GuocoLand with a group of investors, namely, Hong Kong-listed Guoco Group, Hong Leong Holdings and Hong Realty.