8 Shenton Way Looks Set To Rule Tanjong Pagar Neighborhood
US architecture giant Skidmore, Owings & Merrill has unveiled its design for an Alibaba-backed tower rising 350 meters (1,148ft) in height to become Singapore’s tallest skyscraper when completed.
The 63-story mixed-use development at 8 Shenton Way in the Tanjong Pagar area will feature over 148,000 square meters (1.6 million square feet) of floor space for offices, retail, hotels and luxury residences, as well as 10,000 square meters of elevated public green space, Chicago-based SOM said in a statement Thursday.
The supertall project will feature direct underground connectivity to the MRT Tanjong Pagar station and is aiming for the top-level Green Mark Platinum certification from the Building Construction Authority of Singapore, with extensive use of natural materials like zero-waste terracotta and bamboo d ‘engineering.
“Designed specifically with Singapore’s tropical climate in mind, this building will be one of the world’s first post-pandemic mixed-use towers incorporating health and well-being as key design drivers,” said Mustafa Abadan. , partner of SOM. “Seeking to meet the city’s latest and most rigorous sustainability standards, our design will establish a new paradigm for resilient and elegant skyscraper design in Singapore and beyond.”
The quadrature of the cylinder
The 8 Shenton Way project is a redevelopment of the 1986 AXA Tower, itself the 16th tallest skyscraper in Singapore and the tallest cylindrical building in the world.
The cylindrical structure is being torn down and replaced with a “stepped” construction reminiscent of past SOM designs like Dubai’s Burj Khalifa, the world’s tallest building, and Chicago’s Willis Tower, which held the title. for almost 25 years.
Eternal President Kuok Khoon Hong
Mid-2020, the Chinese e-commerce giant Alibaba acquired a 50% stake in AXA Tower from an investment consortium led by Singapore’s Perennial Holdings in a deal that valued the landmark office building at S$1.68 billion ($1.2 billion).
The project announced a new partner in April this year, mysterious Chinese investor Gordon Tang bought a 21% stake in the company from a group led by Perennial chairman Kuok Khoon Hong.
Chip Eng Seng Corp, together with a joint venture between SingHaiyi Group and Haiyi Holdings, all three controlled by Tang and his wife Celine, acquired a fifth stake in the project for a value of S$353 million. Kuok and entities he controls, including agribusiness giant Perennial and SGX, Wilmar International, together own the remaining 29%.
Everything under one roof
8 Shenton Way is billed as the first project under the Urban Redevelopment Authority’s CBD Incentive Program with such a diversity of components, including retail, offices, SOHO-style units, residences luxury, hotels and functional spaces.
During breaks between scorching seasons, top floor tenants can have a view of Jakarta
The new building will reuse some of the existing foundation and infrastructure on site to minimize material usage, SOM said. The facade will be constructed with energy-efficient glazing and recyclable aggregates will be used in its concrete structure, manufactured using a low-carbon process.
Seven landscaped terraces, including one for the hotel floors and three for the residential levels, will be cut into the building every five to six floors to provide light, air and natural ventilation, with the residences occupying the upper levels of the building. round.
Upon completion of the project in 2028, Perennial will provide property management and asset management services for the property. The owners are also requesting a new 99-year lease for the site to extend the remaining 60 years of its land tenure.
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