Developers trying to revamp industrial properties as pleasant and modern workplaces have adopted the work-live-play concept. Recent business parks are coming on-stream with an arsenal of facilities, including retail shops, restaurants, gyms and even service apartments, giving commercial buildings a run for their money.
Not too long ago, industrial estates were considered drab, grey places. But Singaporean industrial developer JTC Corporation has been trying to reinvent the environment to meet the demands of an economy shifting from manufacturing to knowledge-based work. Fusionopolis is proof of the company’s efforts.
Fusionopolis is Singapore’s leading research centre for the engineering, science, media and info-communication industries. With a gross floor area (GFA) of 120,000 sq m extended across two towers and a podium block, its first phase was officially launched in October 2008 and became the first mixed-use development in the one-north area.
Phase 2B, also called Solaris, offers 50,000 sq m of space and clinched temporary occupation permit (TOP) in 2010.
JTC integrated the work-live-play-learn concept into Fusionopolis to brighten the environment, which has encouraged collaborations and interactions among researchers from various disciplines and boosted the estate’s role as an innovation centre.
Fusionopolis tenants include Autodesk, A*Star’s Science & Engineering Research Council and HP Labs Singapore, all of which possess potential to deliver the next cutting-edge invention.
Fusionopolis facilities include a 25-metre rooftop swimming pool, 13 uniquely designed sky gardens, a number of enrichment centres, a 560-seat Genexis Theatre and Fraser Place Fusionopolis, a 50-unit all-loft service residence development.
It also offers various dining options, such as Starbucks Coffee, Ya Kun Toastwich, The Soup Spoon, Shin Nichi Japanese Restaurant, SaladStop! and Harry’s.
Fusionopolis is set to extend the work-live-play formula, when it releases the third phase of its development for sale. JTC launched the public tender for the 60-year leasehold site in March, which has a GFA of approximately 25,000 sq m. The tender will close on 20 May.
Meanwhile, JTC has begun developing Phase 2A of Fusionopolis, which will include two towers — one with 11 storeys and the other with 18 storeys — providing a GFA of about 84,000 sq m.
Aside from Fusionopolis, other properties have also embraced the strategy of mixing work and play. One example is the forthcoming Changi City, an integrated development by Frasers Centrepoint and Ascendas.
One@Changi City, a much of which has been pre-leased by Credit Suisse, will be developed right next to a mall called Changi City Point. The mall will have a net lettable area (NLA) of over 200,000 sq ft and is expected to be completed by the Q4 2011. A short distance away from the mall will be Modena Changi City, a 313-room service apartment development.
“Providing employees with a satisfying and productive workplace is important to us as we strive to become an employer of choice in Singapore,” said Credit Suisse’s Vice-Chairman (Asia Pacific) and Singapore country CEO Lito Camacho.
Source: SG Yahoo News