August 2005 - Association of Dutch Businessmen
August 2005 - Association of Dutch Businessmen
August 2005 - Association of Dutch Businessmen
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SINGAPORE<br />
The New Downtown,<br />
Over the next decennia, a new Downtown will take shape around<br />
Marina Bay. It is poised to usher in a whole new experience <strong>of</strong> living<br />
and working in the city and by the water. The New Downtown is<br />
planned as a ‘City-in-a-garden’ <strong>of</strong>fering a distinctive location for<br />
business, living, working and leisure, around-the-clock. Providing a<br />
total integrated work-live-play environment, the area will be a<br />
flourishing community, anchored around an international business<br />
and financial hub that expands seamlessly from the existing Central<br />
Business District.<br />
The initial planning for the<br />
area dates back to the 1985<br />
master plan and has through<br />
various intermittent planning<br />
stages, resulted in three<br />
Planning Areas - Downtown<br />
Core (Central and Bay front<br />
sub zones), Straits View and<br />
Marina South - which are<br />
collectively referred to as<br />
the new Downtown. In all,<br />
some 313ha <strong>of</strong> land had earlier been reclaimed<br />
and is now made available for developers to shape<br />
the development <strong>of</strong> Singapore’s new downtown.<br />
For the first time, a large area <strong>of</strong> land covering<br />
some 50ha will be zoned “White” at the Central<br />
and Bay front sub zones. This new zoning <strong>of</strong>fers<br />
developers the opportunity and challenge to<br />
transform this vacant piece <strong>of</strong> land into a new city.<br />
White sites zone is a new land use zoning which<br />
has been introduced to give more flexibility to<br />
the developers over the future use <strong>of</strong> land. The<br />
remaining 144ha <strong>of</strong> land in Straits View and Marina<br />
South has been safeguarded for future long-term<br />
development and is marked as reserve sites until<br />
specific uses are finalised.<br />
The first white site in the New Downtown,<br />
located at the corner <strong>of</strong> Pickering Street Extension<br />
and Raffles Quay has been completed by now<br />
with amongst others a new building for NTUC. Also<br />
part <strong>of</strong> the New Downtown is the Business and<br />
Financial Centre (BFC). The BFC site was sold on<br />
7th July and is a key initiative aimed at enhancing<br />
Singapore’s position as a global business and<br />
financial hub. An important consideration is to<br />
frame Marina Bay with developments that will help<br />
Singapore’s economic development in the future.<br />
The casino development or Integrated Resort (IR)<br />
as it is commonly known is an example <strong>of</strong> this.<br />
Singapore will <strong>of</strong>fer a 12-hectare site along the<br />
bay for the IR that would include a casino, a<br />
convention centre, a hotel, restaurants and shops.<br />
The property is scheduled to be sold by the end <strong>of</strong><br />
the year.<br />
Unlike the existing CBD, the New Downtown<br />
will not be a place for business only. When night<br />
falls, the place will take on a new look with the<br />
skyline adorned with glittering lights. Activities<br />
will continue after <strong>of</strong>fice<br />
hours. This is made possible<br />
because the new downtown<br />
will <strong>of</strong>fer living in the city.<br />
The area will <strong>of</strong>fer a variety<br />
<strong>of</strong> housing with magnificent<br />
views out across the<br />
waterfront and parks and all<br />
the city’s attractions and<br />
convenience close at hand.<br />
It will be a place for people<br />
to return home and to<br />
unwind after work. To meet this aim, some land<br />
parcels totalling about 9.6ha fronting both Marina<br />
City Park and the Maxwell Road Extension have<br />
been earmarked for future residential development.<br />
The high-density, high-rise commercial and<br />
residential developments will be complimented by<br />
a series <strong>of</strong> low-density, low-rise developments for<br />
food and beverage, recreation and lifestyle-related<br />
uses to build up a critical mass <strong>of</strong> development<br />
early and create a unique set <strong>of</strong> amenities for<br />
visitors and people working and living within the<br />
area.<br />
The new Downtown will be a place <strong>of</strong><br />
convenience with state-<strong>of</strong>-the-art infrastructure.<br />
Additional rail transit lines and stations will<br />
complement the existing Marina Bay MRT Station<br />
to improve accessibility. Living in the city means<br />
that the <strong>of</strong>fice is just a short walk from home or<br />
a few stops away on the transit system. The New<br />
Downtown will be linked to the existing CBD via<br />
the extension <strong>of</strong> the existing Pickering Street<br />
and Cross Street. This pair <strong>of</strong> one-way boulevards<br />
will form the gateway into the new Downtown,<br />
extending through Marina South and Straits View<br />
as a major spine that links the existing CBD to the<br />
sea. Hub car park stations, integrated within<br />
developments or formed by connecting car parks<br />
12<br />
Vol.15 • No. 6 • July/<strong>August</strong> <strong>2005</strong>