Singapore's Orchard Road will be adding another new face to its shopping belt. A retail, hotel and office development will soon come up at the sites of the former Specialists' Centre and Hotel Phoenix, as well as Orchard Emerald mall. The project, costing some S$700 million, is expected to be completed in the second half of 2013. A groundbreaking ceremony on Friday marked the start of the redevelopment...
Hotel Phoenix
A proposed mixed-hotel-and- retail development on the site of the former Specialists' Shopping Centre and Hotel Phoenix may face stiff competition, as it will be a latecomer in the revamped Orchard Road shopping strip, said industry players. But experts also believe the new development will benefit from synergies with nearby shopping malls once the linkway, Discovery Walk, is complete. Discovery Walk is...
United Engineers said it has been awarded a turnkey contract by OCBC Bank to redevelop the former Specialists' Centre and Hotel Phoenix site. The cost of the project is worth around S$550 million. The project will be carried out in two phases. Phase 1 will consist of the development and construction of a hotel-cum-retail mall and a pedestrian bridge, and Phase 2 will be the construction of an...