Bangkok, (3 July 2018) – TCC Assets Company Limited and Frasers Property Limited have announced the appointment of Thai BAUER Co. Ltd., the local subsidiary of BAUER Spezialtiefbau GmbH, and SEAFCO Plc, as foundation contractors for the first phase of ‘One Bangkok,’ working in coordination with Project and Construction Manager, Stonehenge Inter Plc. ‘One Bangkok’ is the THB 120 billion landmark development, a joint venture between TCC Assets and Frasers Property. It is the largest private sector property development initiative ever undertaken in Thailand that will set new benchmarks in design, quality and sustainability. 

“With decades of in-market experience, Thai Bauer and SEAFCO have outstanding track records in complex special foundation works in Thailand. We have appointed two foundation contractors due to the large size of the first phase of ‘One Bangkok’, ensuring that this development is of the highest quality construction from inception, shaped with utmost care for the city, the environment and people,” said Mr. Burin Kunatippapong, Construction Director, Frasers Property Holdings (Thailand) Co., Ltd.

As part of the large-scale permanent underground works, Thai Bauer and SEAFCO will install more than 2,500 bored piles down to a depth of 80 metres. In addition, they will construct a diaphragm wall measuring over 1.5 kilometers long at a depth of 35 metres, which will form the structure of the basement levels for the development. This will be supervised closely with rigorous quality assurance and quality control protocol by Stonehenge Inter. The project works will be performed according to LEED* Platinum level, which stipulates strict rules and extremely high standards when it comes to environmental aspects. Logistics innovations include concrete batching plants and centralised procurement on-site, to ensure constant supply of concrete and steel.

As the first development in Thailand to target LEED* Neighborhood Development Platinum certification, ‘One Bangkok’ will comprise five premium Grade A office towers, five luxury and lifestyle hotels, three ultra-luxury residential towers, four distinctive retail zones, a cultural hub and performance centre, as well as eight hectares of green areas and open spaces.

The specialist engineering foundation works are now underway, as part of the construction for One Bangkok, with the development’s first components opening in 2022.

 

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One Bangkok

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