Tuesday, June 30, 2009

PENANG GLOBAL CITY CENTRE

The Penang Global City Centre (PGCC) is a project located at Penang Turf Club on Penang Island, Malaysia. The PGCC will comprise 50,000 square metres (538,196 square feet) divided between two five-star hotels, a 75,000 square metre (807,294 square feet) Penang performing arts centre, a 400,000 square metre (4,305,565 square feet) retail complex, 25,000 square metres (269,098 square feet) divided between two office towers, 70,000 square metres (753,474 square feet) of residential properties, a 100,000 square metre (1,076,392 square feet) world-class convention centre, a 1500 square metre (16,146 square feet) observatory tower, 190,000 square metres (2,045,142 square feet) of parking space, monorail transportation, and a vast public arena.

The PGCC, with an estimated gross development value (GDV) of RM25 billion, will be sited on a 104 ha plot where the Penang Turf Club currently stands. Abad Naluri bought the land for RM488mil in 2002.

The PGCC was designed by Asymptote Architecture, under leadership of Hani Rashid and Lise Anne Coutur. It will be built on a 185 hectare plot (1.9 square KM), featuring two iconic towers - each standing 200 meter high (656 feet). These towers will boast continuous flowing curves with shining crystalline and transparent curved surfaces. It will take at least 15 years to complete.

No comments: