One Bangkok, Thailand’s largest integrated development, is located in central Bangkok at the intersection of Wireless Road, Rama IV Road and Sathorn Road. The project, located in close proximity to Lumpini Park, has a total land area of approximately 167,000 square metres.
• One Bangkok is on FACEBOOK
‘One Bangkok’, is the largest private sector property development initiative undertaken in Thailand with an estimated investment value of over THB 120 billion (approx. US$ 3.5 billion). The project promises to become a new global landmark when its first components open in 2021.
• One Bangkok’s official WEBSITE
Frasers Centrepoint Limited has announced that its wholly-owned subsidiary, Frasers Property Holdings (Thailand) Co., Ltd. on 31 March 2017 has entered into a joint venture agreement (the “JVA”) with TCC Assets (Thailand) Co., Ltd. (“TCCAT”) to establish a new joint venture company, One Bangkok Holdings Co., Ltd. (“OBH”) in Thailand.
By the way, both companies are part of TCC Group. This is an alliance between subsidiaries of the same company.
This is an alliance between subsidiaries of the same company.
One Bangkok is a fully integrated “city-within-a-city” district, which will comprise next
generation office buildings, luxury and lifestyle hotels, a comprehensive array of retail and leisure offerings, ultra-luxury residential towers, a rich variety of civic areas, art and culture facilities, as well as 50 rai (8 hectares) of greenery and open spaces out of the total land area of 104 rai (16.7 hectares). The land has been leased from the Crown Property Bureau.
The land has been leased from the Crown Property Bureau.
The master plan is designed by Skidmore, Owings & Merrill. Local partners are required by law, Plan Associates and A49 have been chosen for that purpose.
• Architectural company: SOM (Skidmore, Owings & Merrill)
All components of the project are expected to be completed by 2025. By then the development will comprise five Grade A office towers built to LEED and WELL standards, five luxury and lifestyle hotels, three ultra-luxury residential towers and a comprehensive array of retail offerings. More than 60,000 people are expected to work and live at One Bangkok.
Project by Frasers Property Holdings:
Published 4 April 2017
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‘One Bangkok’, Thailand’s largest integrated development, set to transform Bangkok city-centre and become a new global landmark destination.
TCC Group is debuting the nation’s largest integrated district, One Bangkok, a new global landmark destination
One Bangkok to emphasize people-centric and green-sustainability principles, raising the bar for the city’s future urban development
One Bangkok, which has a total land area of 104 rai (16.7 hectares), to increase green and open areas in the city centre by 50 rai (8 hectares)
One Bangkok to reflect Bangkok’s exciting diversity and rich cultural heritage
“Our vision is to create a place that people can love and want to spend time in, which
everyone in the city will feel is an integral part of our city. Once completed, it will be a global
landmark that will enhance Bangkok’s and Thailand’s stature on the world stage.” –
Mr. Charoen Sirivadhanabhakdi, Chairman, TCC Group
Bangkok (3 April 2017) – TCC Assets (Thailand) Co., Ltd. and Frasers Centrepoint Limited
(“FCL”) will jointly develop 104 rai (16.7 hectares) in the heart of Bangkok into one of the
world’s “must-visit” destination city districts. The project will create Thailand’s first fully
integrated district that is built on people-centric principles and a focus on environmental
sustainability and smart-city living.
The project, called ‘One Bangkok’, is the largest private sector property development
initiative undertaken in Thailand with an estimated investment value of over THB 120 billion
(approx. US$ 3.5 billion). The project promises to become a new global landmark when its
first components open in 2021.
Mr. Charoen Sirivadhanabhakdi, Chairman of TCC Group and FCL, said, “The
fundamental aim in the planning and design of One Bangkok is to enhance Bangkok’s
stature as a key gateway city in Asia.”
‘One Bangkok’ is a fully integrated “city-within-a-city” district, which will comprise next
generation office buildings, luxury and lifestyle hotels, a comprehensive array of retail and
leisure offerings within differentiated precincts, ultra-luxury residential towers, a rich variety
of civic areas, art and culture facilities, as well as 50 rai (8 hectares) of greenery and open
spaces out of the total land area of 104 rai (16.7 hectares). The land, leased from the Crown
Property Bureau, enjoys a prime location at the corner of Wireless Road and Rama IV Road
with direct linkages to mass transit systems, right next to Lumphini Park.
Mr. Charoen said, “We are very honoured to be entrusted by the Crown Property Bureau to
turn this important plot of land in the heart of the city into a showpiece district. It is a
responsibility that I am privileged to carry and I affirm my commitment to ensure the creation
of something exceptional and transformational.”
He added, “With One Bangkok, I hope to enhance global confidence in Thailand as the
epicenter of ASEAN and a key gateway and lifestyle city in Asia, as well as bring great
prosperity to all associated with the project, whether as tenants, owners, or business partners.”
“To accomplish this game-changing endeavour, I have placed my confidence in two TCC
Group companies – TCC Assets (Thailand) and Frasers Property. They are companies that
perfectly complement each other and can, together, fulfill our shared vision of a quality
development that will be greatly admired around the world,” Mr. Charoen noted.
One Bangkok will be developed by a joint venture between TCC Assets (Thailand) Co., Ltd.,
holding 80.1%, and Frasers Property Holdings (Thailand) Co., Ltd. holding 19.9%. Frasers
Property is the international property brand of FCL, a full-fledged multi-national real estate
company with more than US$ 17.6 billion (approx. THB 605 billion) in assets. It has earned
a reputation for developing successful large projects that are inclusive and contribute to the
cities in which they are built.
Mr. Charoen said, “By forming such a strategic alliance, we are able to combine the financial
strength and local know-how of TCC Assets, with the enormous international property
development expertise of Frasers Property, which has an impeccable global track record of
award-winning development projects.”
Mr. Panote Sirivadhanabhakdi, Group CEO of FCL said, “The partnership will ensure that we
have the creativity, capability and capital to bring to life one of our most exciting
He added, “No single development of this scale and diversity has ever been undertaken
in Thailand. One Bangkok will be a vibrant lifestyle destination that will entrench
Bangkok’s position among the most desirable cities in the world to live, do business, and
to visit. One Bangkok will attract top-level local and multinational companies to set up
their AEC headquarters in the district as Bangkok’s most prestigious corporate address,
and their employees and visitors will enjoy an unrivaled ecosystem of facilities and
lifestyle experiences available here.”
According to Mr. Panote, One Bangkok is exceptional because it is Bangkok’s first fully
integrated ‘people-centric’ development that is designed around how people can seamlessly
live-work-play, seeking to reinstate a sense of human scale in a way that enhances the comfort
and convenience in people’s daily life.
“Because of the way the district is designed and laid out, and with the curated mix of
offerings, people will discover how much more they can accomplish in a day, how much
more they can enjoy the outdoors, and the variety of activities that they can fit into their time,
all within a beautiful, clean, green, and safe environment. One Bangkok has a generous
allocation of 50 rai of green and open space out of the total land area of 104 rai (16.7
hectares),” he noted.
Mr. Panote said, “We are designing in a way that prioritizes ‘the right thing to do’ in terms of
urban planning. One Bangkok’s development philosophy is centred on diversity of uses and
architecture, overlaid with sustainability principles. It will be sensitive to the local social and
cultural context, incorporating Thailand’s heritage and aspects that are unique to Bangkok, to
make the district an integral part of the city. It’s a place for everyone.”
He added, “One Bangkok’s development team is being led by Ms. Su Lin Soon, who is a
highly reputed and experienced real estate professional. To support her, we have already
assembled a world-class team of more than 100 specialist professionals from top Thai and
Ms. Su Lin Soon, Chief Executive Officer of One Bangkok said, “In creating a world-class
district in the heart of Bangkok, we envision One Bangkok to be synonymous with Thailand.
New quality standards, international best practices and diversity in the mix of uses and
architecture, are fundamental features of the master plan, designed by Skidmore, Owings &
Merrill*. Supported by local expertise from Plan Associates, and A49, the master plan
combines both international and local experiences from the most influential architectural and
urban planning firms. We will create an active and vibrant community reflecting the lifestyle
of 21st century Bangkok.”
She said, “When all components of the project are completed by 2025, One Bangkok’s 1.83
million square metres of gross floor area will comprise five Grade A office towers built to
LEED** and WELL*** standards, five luxury and lifestyle hotels, three ultra-luxury
residential towers and a comprehensive array of retail offerings within differentiated retail
precincts. Each component and building will have a distinct identity and positioning, giving
the district a natural diversity in architecture, while retaining a common sense of community
and seamless connectivity. More than 60,000 people are expected to work and live at One
Ms. Su Lin added, “Accessibility, connectivity, and sustainability are top priorities in our
urban planning. We have designed for direct connections to the city’s mass transit systems, as
well as easy access to the expressway network. Within the development, a comprehensive
network of pedestrian-friendly circulation will ensure convenience and well-being of the
people who work, live and play within this district.”
She said, “One Bangkok will also be the first district in Thailand to be built entirely around
sustainability principles and to LEED for Neighbourhood Development Platinum standards.
We have reserved generous amounts of outdoor space – 50 rai (8 hectares) is set aside for
green areas and open space out of the total land area of 104 rai (16.7 hectares). This includes a
landscaped green promenade that is more than 40 metres wide, on both Wireless Road and
Rama IV Road, that can be enjoyed as an extension of the city’s much-loved Lumphini Park.
There is also a landscaped civic plaza of 10,000 square metres at the heart of the district,
forming the core of an art and culture loop within the district that will be a place for all to
enjoy, and a natural venue for international events and Thai festivals.
“A smart common infrastructure is being planned. It will include features such as district
cooling, fully-centralized security, and energy management systems, designed to international
standards for sustainable long-term business operations, future growth, efficiency and
resiliency for the entire district. This common infrastructure is also future-proof, with
pioneering ‘Smart City’ and business solutions that will enhance the experience of users in all
components,” she added.
Notes to Editor:
* Skidmore, Owings & Merrill LLP (SOM): SOM is one of the largest and most influential
architecture, interior design, engineering, and urban planning firms in the world. Founded in
1936, they have completed more than 10,000 projects in over 50 countries. They are
renowned for their iconic buildings and their commitment to design excellence, innovation,
** LEED: Leadership in Energy and Environmental Design (LEED) is a rating system
devised by the United States Green Building Council (USGBC) to evaluate the environmental
performance of a building and encourage market transformation towards sustainable design.
*** WELL: WELL Building Standard is the premier standard for buildings, interior spaces
and communities seeking to implement, validate and measure features that support and
advance human health and wellness, devised by buildings from the International WELL
Building Institute based in Washington D.C.