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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>

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