Dusit and CPN Unveil ‘Dusit Central Park’ a Mixed-Use Development in Bangkok’s CBD
Main Photo: A model of the new development, unveiled by Ms Suphajee Suthumpun, Group Chief Executive, Dusit Thani Public Company Limited and Ms Wallaya Chirathivat, Deputy CEO of Central Pattana Plc.
Date: April 2019
Location: Opposite Lumpini Park, Bangkok, Thailand
Name: Dusit Central Park to be complete 2024 and Dusit Thani Bangkok – opening 2023
No. of Keys: 250 plus a lot more!
Was: The development is a re-imagining of Dusit Thani Bangkok hotel, Dusit’s iconic flagship property, which has been there for 50 years.
Developers: Dusit Thani Public Company Limited, one of Thailand’s major hotel and property development companies, and Central Pattana Public Company Limited (CPN), one of Thailand’s largest property developer, have officially revealed the details of their collaboration to create a new city landmark and transform Bangkok’s major Silom–Rama IV intersection into the prime core of the CBD (“Super Core CBD”) by linking four key areas of the city with a mixed-use project, to be called ‘Dusit Central Park.’
This will be a unique mixed-use project, developed under the concept ‘Here for Bangkok,’ set to be a major lifestyle and business junction connecting four key areas of Bangkok.
It comprises four elements: hotel, residences, shopping complex and office tower, together with a large green space, and Includes ‘Dusit Residences’ and ‘Dusit Parkside’ as part of a residential tower providing panoramic views of Lumpini Park and the Bangkok cityscape.
Worth a total of 36.7 billion baht and covering 440,000 sq. m. of prime real estate.
“We aim to deliver a one-of-a-kind mixed-use project that blends heritage and innovation, connects all important infrastructure and transportation, embraces a green concept reflecting our prime position opposite Lumpini Park, and delivers enduring value for all our stakeholders,” said Ms Suphajee Suthumpun, Group Chief Executive, Dusit Thani Public Company Limited.
“By blending the best of Thai design and hospitality with international standards of service, we will create a new city landmark that reflects our past, embraces our present, and anticipates the future, and, by doing so, we will continue the legacy of Dusit Thani Bangkok following the same principles Thanpuying Chanut Piyaoui had when she founded the hotel – to be bold and do great things, to create things that never existed before, and to always have a positive impact.
We look forward to working with CPN to doing just that under our promise, Here for Bangkok, while revolutionising the way people shop, dine, work, live and stay in this area.
Regarding our most distinctive value, our project will enhance convenience for commuters by linking directly with the Bangkok BTS (Skytrain) systems and MRT (Mass Rapid Transit underground), at Silom and Sala Daeng stations, respectively.”
Ms Wallaya Chirathivat, Deputy CEO of Central Pattana Plc. (CPN), said, “Under the concept of Here for Bangkok, this project is not just a mixed-use space but a new creation that will transform this area into the prime core of the CBD (‘Super Core CBD’).
Ultimately, Dusit Central Park will connect four Bangkok neighbourhoods in four directions – namely Ratchaprasong (north), Charoenkrung (south), Sukhumvit (east), and Yaowarat (west).
Dusit Central Park is expected to open in three phases.
The first one is Dusit Thani Bangkok hotel. Designed to preserve the rich architectural and artistic heritage of the original hotel, the new 39-storey, 250-key Dusit Thani Bangkok will feature a modern-yet-familiar design that incorporates significant elements from the original hotel.
A grand ballroom overlooking Lumpini Park will be a highlight, as will a multi-level rooftop bar and lounge.
Set to open shortly after the hotel, in 2023, are Central Park Offices, a professional hub spanning 90,000 sq. mtrs.
Then Central Park Shopping Complex, a shopping complex designed to connect all elements of the project and create a ‘New Urbanized Lifestyle’.
The shopping mall will feature iconic international and local brands over 80,000 sq. m. to meet the needs of various lifestyles. Topped with Rooftop Park, the shopping complex will also provide an expansive outdoor leafy retreat for people to unwind.
The final part of the project is the residences, set over 69 storeys, the 389-key tower will be divided into two distinct sections – Dusit Residences and Dusit Parkside – both managed by Dusit International.
Dusit Residences will comprise 159 luxurious, spacious units on the uppermost floors of the building, offering panoramic views of Lumpini Park. It is designed to provide a luxury standard of living for Bangkok-based executives or travelling executives who regularly visit Thailand, as well as middle- to large-sized families seeking maximum comfort and convenience.
Dusit Parkside, meanwhile, will comprise 230 contemporary-styled units, also offering views of Lumpini Park, and is aimed at small-sized families as well as city workers seeking a stylish home in the heart of the capital. Units for both Dusit Parkside and Dusit Residences will be available for long-term rent or leasehold. Booking will open soon.
Price: 36.7 billion baht – approx US$1.146bn
THPT Comment: A seriously ambitious project, not just a quick refurb of the original Dusit Thani Hotel! Wish them well.
First Seen: Dusit website
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