JTC Corporation has made a significant move towards sustainability and urban renewal by awarding the first tender for an Industrial Government Land Sales (IGLS) site. This site focuses on the adaptive reuse of industrial buildings. The project at Kallang Way marks a new era in Singapore’s quest for modern industrial spaces. These spaces will coexist with the community and the environment.

 

Understanding Adaptive Reuse

Adaptive reuse involves repurposing old buildings for new uses while keeping their historical essence and structure intact. This approach is essential in today’s world, where environmental concerns are at the forefront. It not only preserves the architectural history of a space but also reduces the carbon footprint associated with building new structures. The reuse of the existing terrace factory at Kallang Way aligns with global efforts towards sustainable development and resource efficiency.

 

The Tender Award

JTC announced that CL Savour Property Pte Ltd, part of CapitaLand Development, won the Kallang Way tender for $368,901,225. The tender was launched on June 25, 2024, and closed on October 1, 2024. It attracted four competitive bids. The project is not just a financial investment but also a commitment to sustainable industrial practices.

 

Strategic Benefits of the Kallang Way Project

The Kallang Way IGLS site is a community-focused project. It benefits multiple stakeholders in significant ways.

1. Sustainable Practices

• It reduces carbon emissions through the adaptive reuse of infrastructure.
• It promotes environmentally responsible construction methods.

2. Community Integration

• It introduces food manufacturing and retail spaces, boosting area vibrancy.
• It provides new amenities for local residents, encouraging community interaction.

3. Economic Growth

• The project is expected to create jobs in the food and beverage sector.
• It will stimulate economic activity, boosting growth in surrounding areas.

 

Project Specifications

The details of the awarded Kallang Way land parcel highlight its significant impact:

• Location: Kallang Way, Singapore
• Zoning: Business 2 (Food)
• Site Area: 44,107.8 square meters
• Tenure: 33 years
• Gross Floor Area: 114,239.20 square meters (maximum)
• Project Completion Period: 84 months

 

The Role of Policy in Sustainable Urban Development

JTC’s support for this project shows a recognized need for sustainable practices in Singapore’s industrial sector. Ms. Tang Hsiao Ling, Director of Urban Planning & Architecture Division, emphasized the importance of sustainable development. This initiative reflects JTC’s mission to promote sustainable practices in industrial estate development across Singapore.

This pioneering project will set a precedent for future developments. By successfully merging industrial and community needs through the adaptive reuse of existing structures, Singapore is leading in sustainable urban planning and industrial development.