Photo credit: Frasers Commercial Trust
A high-specification, 1 million sq. ft. business space development in Singapore, Alexandra Technopark will be undergoing asset enhancement works from mid-2017 to mid-2018 to create a new and vibrant campus-like work environment amidst lush green landscape.
New lifestyle, sports and wellness elements as well as enhanced amenities will be injected into the development to create a more enriching, enjoyable and multi-faceted workplace and to cultivate a healthier lifestyle and sense of community. One of the key focus is cycling to work – a trend which is expected to gain traction going forward and aligned with the Government’s push towards a car-lite nation. Specifically, shower facilities, lockers and over 150 bicycle racks will be provided within Alexandra Technopark, and cycling paths traversing the development will provide a connection between Alexandra-Queensway Park Connector and Kent Ridge Park (via HortPark) for cycling enthusiasts.
Accentuating the focus on community, sports and wellness, new futsal courts and car-free green zones for the provision of more communal, leisure and exercise areas will also be created, augmented by plans to introduce fitness-related activities and programmes for tenants. In addition, there will be farming plots for tenants to grow their own greens, which will contribute towards corporate social responsibility.
A new amenity hub known as the Central Plaza offering a new food court, food and beverage outlets, a clinic and a landscaped roof garden, among other things, will be built and linked by covered walkways to the two existing business space blocks. Upgrading works will also be carried out at the facades and common areas, such as lift lobbies and toilets, of the two existing blocks. Finally, there will also be a new entrance gateway for the development to create a strong sense of arrival.
Through these enhancements, tenants can look forward to a new stimulating and inspiring work environment at the transformed Alexandra Technopark in 2018.
Article by Doreen Goh, Associate Director, Singapore
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JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. JLL is a Fortune 500 company with, as of December 31, 2015, revenue of $6.0 billion and fee revenue of $5.2 billion, more than 280 corporate offices, operations in over 80 countries and a global workforce of more than 70,000. On behalf of its clients, the company provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. As of September 30, 2016, its investment management business, LaSalle Investment Management, has $59.7 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
JLL has over 50 years of experience in Asia Pacific, with 36,000 employees operating in 94 offices in 16 countries across the region. The firm won 15 awards at the International Property Awards Asia Pacific in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the fifth consecutive year by Real Capital Analytics. www.ap.jll.com.