JTC launches RFP for Civic, Cultural and Retail Complex at one-north

JTC Corporation has launched a Request-for-Proposal to develop and manage a Civic, Cultural and Retail Complex at one-north.

The complex will be located next to the Buona Vista MRT Station.

At 1.9 hectares, the site is the largest land parcel to be offered by JTC to date for private sector development at one-north.

The complex is expected to have the capacity to host large-scale events like seminars, conferences and cultural performances.

A Performing Arts Centre, Concert Hall or Auditorium is expected to be built on the site.

There may also be a mix of business support facilities, retail amenities, entertainment facilities as well as food and beverage outlets.

The site has a maximum permissible gross floor area of 54,000 square metres, of which 80 percent has to be developed.

Just under half of the site can be dedicated to commercial and retail activities.

Developers can choose to develop the site on either a 60-year or 99-year lease.

The project is expected to be completed by end 2012.

Source: Channel NewsAsia, 16 January 2007 

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