“The Beach Road area is set for a fillip with the addition of a $2.4 billion mega mixed-use development, further cementing the Ophir-Rochor corridor as a work-live-play hot spot near the Central Business District.
Guoco Midtown by GuocoLand will feature a 30-storey office block, a residential tower with more than 200 units and an array of public spaces across a gross floor area of almost 1 million sq ft.
Set to be completed in the first half of 2022, it also comprises the conserved three-storey former Beach Road Police Station, which will house food and beverage outlets and boutique offices.
Explaining the project’s name, Mr Cheng Hsing Yao, group managing director of GuocoLand Singapore, said the developer’s vision for Midtown is for it to be like the midtown areas in many capital cities.
He cited locations in London and New York where exciting and eclectic mixes of shopping, culture, entertainment and prime corporate offices can be found.
“More corporate offices find it attractive to locate in midtown because talent attraction is important.”