Airport teams up with CapitaMalls

Airport teams up with CapitaMalls

SINGAPORE - Changi Airport is working with CapitaMalls Asia on the iconic mixed-use development announced by Prime Minister Lee Hsien Loong in his National Day Rally speech.

"Project Jewel" will be a world-class, signature lifestyle destination, the Changi Airport Group (CAG) said on Monday.

Releasing concept plans for the complex, which will come up on the space now occupied by the Terminal 1 carpark, CAG said it would enhance the airport's offerings and strengthen its position as an international air hub.

There will be aviation and travel-related facilities, retail offerings and unique leisure attractions.

In addition to a new multi-level basement car park, T1 will also be expanded to allow more space for the arrival hall, baggage claim areas and taxi bays.

The glass and steel facade of Project Jewel is expected to look stunning from both Airport Boulevard and the sky. Designed by a consortium led by architect Moshe Safdie, it will incorporate an indoor garden with a breathtaking waterfall.

After "a competitive process which involved experienced local and foreign developers", CAG said it is working with CapitaMalls Asia on the concept and plans of Project Jewel.

"The two parties are also exploring a joint venture partnership to develop and manage Project Jewel when it is completed," it said.


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