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05-04-12, 14:25
http://www.straitstimes.com/Money/Story/STIStory_782888.html
Alexandra area now a bustling centre of business: Mapletree
Published on Mar 29, 2012
By Esther Teo
THE completion of Mapletree Business City (MBC) has transformed the old Alexandra Distripark into a bustling centre of business, according to Mapletree Investments chairman Edmund Cheng.
Mr Cheng was speaking at a gala dinner held to mark the official opening of the MBC last night.
The Grade A office development, which was actually completed in 2010, has a gross floor area of almost two million sq ft and houses a working population of 13,000.
Together with other Mapletree properties nearby, The Comtech and PSA Building, the Alexandra area is now bustling with close to 50,000 people daily, said Mr Cheng.
The MBC was built on the site of the former Alexandra Distripark in Pasir Panjang Road and on an adjacent plot at Alexandra Terrace. Tenants include Nike, Toshiba, Samsung Asia and Deutsche Bank.
The firm had a 'bold vision' to transform the precinct and create a new focal point for the Alexandra area, when it first embarked on redevelopment plans in 2008, Mr Cheng added.
'The opening of the Alexandra Retail Centre at the nearby PSA Building has added an even wider array of choices to support the needs of the working as well as nearby residential communities,' he said.
Mapletree Investments also announced the winners of an outdoor furniture competition it launched in October to mark the MBC's opening.
A cloud-inspired furniture design that can be used as a circular bench won the contest and will be installed in the MBC.
The winner, National University of Singapore student Darren Yeo, received $12,000 in cash and an overseas internship with renowned Japanese product designer Toshiyuki Kita.
Mapletree said the competition will be a regular event to encourage innovation in Singapore and Asia.
Alexandra area now a bustling centre of business: Mapletree
Published on Mar 29, 2012
By Esther Teo
THE completion of Mapletree Business City (MBC) has transformed the old Alexandra Distripark into a bustling centre of business, according to Mapletree Investments chairman Edmund Cheng.
Mr Cheng was speaking at a gala dinner held to mark the official opening of the MBC last night.
The Grade A office development, which was actually completed in 2010, has a gross floor area of almost two million sq ft and houses a working population of 13,000.
Together with other Mapletree properties nearby, The Comtech and PSA Building, the Alexandra area is now bustling with close to 50,000 people daily, said Mr Cheng.
The MBC was built on the site of the former Alexandra Distripark in Pasir Panjang Road and on an adjacent plot at Alexandra Terrace. Tenants include Nike, Toshiba, Samsung Asia and Deutsche Bank.
The firm had a 'bold vision' to transform the precinct and create a new focal point for the Alexandra area, when it first embarked on redevelopment plans in 2008, Mr Cheng added.
'The opening of the Alexandra Retail Centre at the nearby PSA Building has added an even wider array of choices to support the needs of the working as well as nearby residential communities,' he said.
Mapletree Investments also announced the winners of an outdoor furniture competition it launched in October to mark the MBC's opening.
A cloud-inspired furniture design that can be used as a circular bench won the contest and will be installed in the MBC.
The winner, National University of Singapore student Darren Yeo, received $12,000 in cash and an overseas internship with renowned Japanese product designer Toshiyuki Kita.
Mapletree said the competition will be a regular event to encourage innovation in Singapore and Asia.