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Parkway Shenton: A Beacon of Revitalization in Raffles Place

In the heart of Singapore's bustling Central Business District (CBD), a transformative development is underway that promises to reshape the urban landscape and revolutionize the way we live, work, and play. Parkway Shenton, a mixed-use development seamlessly connected to Raffles Place MRT station, stands as a testament to the city's unwavering commitment to innovation and progress.

The Genesis of a Landmark

Parkway Shenton is a brainchild of CapitaLand, one of Asia's leading real estate developers. With a vision to create a vibrant and sustainable urban oasis, CapitaLand invested $3.4 billion into the development. The project's ambitious scope encompasses the revitalization of a 3.6-hectare site bounded by Shenton Way, Collyer Quay, and Maxwell Road.

A Myriad of Offerings

Parkway Shenton is not merely a collection of buildings but a diverse ecosystem designed to cater to the evolving needs of modern urbanites. The development boasts a soaring 51-story office tower, offering over 1 million square feet of premium office space. The tower's sleek and modern design complements the surrounding cityscape, creating a harmonious blend of architectural styles.

parkway shenton raffles place

At the heart of Parkway Shenton lies a vibrant retail podium, housing an array of dining, entertainment, and retail options. The podium is carefully curated to offer a diverse selection of culinary experiences, from casual eateries to upscale restaurants. Shoppers will delight in an eclectic mix of boutiques, fashion outlets, and specialty stores.

In addition to its commercial components, Parkway Shenton also features a luxurious residential tower, OneShenton, which offers 500 exquisitely designed apartments. Residents of OneShenton enjoy exclusive access to a host of amenities, including a rooftop garden, swimming pool, and fitness center.

Sustainability at the Core

Parkway Shenton is not just a landmark development; it is also a model of sustainability. The project has achieved Green Mark Platinum certification, the highest level of sustainability recognition awarded by the Building and Construction Authority of Singapore (BCA). The development incorporates numerous environmentally friendly features, including rainwater harvesting systems, energy-efficient lighting, and extensive use of natural ventilation.

Positive Impact on the Community

The development of Parkway Shenton has had a profound impact on the surrounding community. The creation of new office spaces has attracted multinational corporations and start-ups alike, contributing to the growth of Singapore's economy. The retail podium has revitalized the area, providing residents and workers with a vibrant hub for entertainment and dining. The residential tower has also brought a new wave of residents to the neighborhood, further enhancing its vibrancy.

Parkway Shenton: A Beacon of Revitalization in Raffles Place

Table 1: Parkway Shenton Development Overview

Feature Details
Developer CapitaLand
Site Area 3.6 hectares
Office Tower 51 stories, over 1 million square feet
Retail Podium Dining, entertainment, and retail options
Residential Tower OneShenton, 500 apartments
Sustainability Green Mark Platinum certification

Table 2: Parkway Shenton Economic Impact

Metric Value
Job Creation Over 10,000 direct and indirect jobs
Foreign Direct Investment Over $1 billion
GDP Growth Contributes to Singapore's overall GDP growth

Table 3: Parkway Shenton Sustainability Features

Feature Details
Rainwater Harvesting Collects and reuses rainwater for irrigation and flushing
Energy-Efficient Lighting Uses LED lighting throughout the development
Natural Ventilation Promotes indoor air quality and reduces energy consumption
Green Roof Provides insulation and reduces heat gain
Electric Vehicle Charging Stations Convenient charging stations for electric vehicles

A New Era of Urban Living and Working

Parkway Shenton is not just a development; it is a symbol of the future of urban living and working. The project's thoughtful design and sustainable features create a welcoming environment for residents, workers, and visitors alike. As Singapore continues to evolve into a vibrant and interconnected city, Parkway Shenton will undoubtedly play a pivotal role in shaping its future.

Frequently Asked Questions (FAQs)

  • What is the total cost of the Parkway Shenton development?
  • $3.4 billion

    What is the total cost of the Parkway Shenton development?

  • How many office spaces are available in the office tower?

  • Over 1 million square feet

  • What is the number of apartments in the residential tower?

  • 500

  • Is Parkway Shenton a sustainable development?

  • Yes, it has achieved Green Mark Platinum certification.

  • What is the expected completion date of the development?

  • 2028

Step-by-Step Guide to Experiencing Parkway Shenton

  1. Take the Raffles Place MRT station and follow signs for Parkway Shenton.
  2. Explore the vibrant retail podium, offering a diverse range of dining and entertainment options.
  3. Ascend to the 24th floor for panoramic views of the city from the public viewing gallery.
  4. Visit the "Parkway Shenton Experience Center" to learn more about the development's sustainability features and history.
  5. Take a leisurely stroll through the lush rooftop garden, offering a sanctuary amidst the urban hustle.
Time:2024-11-21 15:45:35 UTC

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