World Trade Center Chennai

Chennai World Trade Center
உலக வர்த்தக மையம் (சென்னை)
General information
Status Under construction
Type Office
Location Chennai, India
Coordinates 13°00′51″N 80°11′25″E / 13.014248°N 80.190384°E / 13.014248; 80.190384Coordinates: 13°00′51″N 80°11′25″E / 13.014248°N 80.190384°E / 13.014248; 80.190384
Construction started 2013
Technical details
Floor count 27
Floor area 2,500,000 sq ft
Design and construction
Developer Brigade Group (India) and GIC (Singapore)
Structural engineer HoK, New York

The World Trade Center Chennai is a commercial center under construction at Perungudi in Chennai, India. It is expected to be operational in 2018. The center will consist of 2,500,000 sq ft of office space. The complex will also include a conference/exhibition center. The centre is a member of the international World Trade Centers Association (WTCA).[1]

History

In 2016, India's Brigade Group and Singapore's GIC, a sovereign wealth fund, jointly acquired a 16-acre land parcel at Perungudi, purchased from Kansai Nerolac Paints for ₹ 5378.6 million. The land acquisition was facilitated by Perungudi Real Estates, a special purpose vehicle formed by Brigade Enterprises and GIC, with the help of real estate firm Jones Lang Lasalle (JLL). Construction of a world trade center (WTC) and residential units, entailing an investment of more than ₹ 10,000 million has been planned on the land.[2] The foundation stone was laid on 9 June 2017.

Features

The complex consists of five towers, including two office towers and a hotel tower. All the towers have three basements. The first office tower will have 26 floors above the street, the second office tower 18 floors, the third (hotel) tower 8 floors, and the fourth (restaurant) and the fifth (cafetaria and utility) towers 5 floors each. The total floor space of the construction would be 2,500,000 sq ft.[3] It includes development of more than 1.8 million square feet of premium office space spread across two towers. Upon completion, the towers will be the tallest commercial structure in Chennai. It consists of premium retail and hotel within the campus.[4]

The development will be led by the WTCA.[5]

See also

References

  1. ↑ "World Trade Center Chennai". WTCA. World Trade Centers Association. 2016. Retrieved 8 August 2016.
  2. ↑ "World Trade Center planned in Perungudi". The Hindu. Chennai: The Hindu. 31 March 2016. Retrieved 8 August 2016.
  3. ↑ Vaitheesvaran, Bharani (30 March 2016). "Brigade Group to build World Trade Centre in Chennai at cost of over Rs 1000 crore". The Economic Times. Chennai: IndiaTimes Group. Retrieved 8 August 2016.
  4. ↑ "Foundation Stone Laying Ceremony of WTC Chennai". WTCA. World Trade Centers Association. 2017. Retrieved 12 May 2017.
  5. ↑ "Next World Trade Centre in Chennai Coming Soon". DIL News. Chennai: Delhi Infratech Limited. 31 March 2016. Retrieved 8 August 2016.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.