Petronas Towers and KLCC: Urban Catalyst - ctbuh

Petronas Towers and KLCC: Urban Catalyst
Faudziah Ibrahim, General Manager, KLCC
PETRONAS Towers and KLCC:
Urban Catalyst
s
g
in
2015 CTBUH Conference
New York
d
l
i
u
B
l
l
a
T
t
a
n
t
i
o
b
l
i
a
c
H
n
u an
o
C rb
© dU
an
Presented by:
Datin Sr. Faudziah Hj. Ibrahim, FRISM, MRICS
Head Development Division, KLCC Property Holdings Berhad
Head Leasing and Asset Manager, KLCC Real Estate
Investment Trust
Transformation of Kuala Lumpur City Centre in the past 50 years
1
The “Old” Kuala Lumpur
5th
Malaysian Plan
(1986 – 1990)
6th & 7th
Malaysian
Plan
(1990 to 2000)
d
l
i
u
B
l
l
a
Historical
T
t
Timeline
a
n
t
i
o
b
l
i
a
c
H
n
u an
o
C rb
© dU
an
2
s
g
in
The Selangor Turf Club was the landmark of the “old”
Kuala Lumpur Central Business District
KLCC Master Plan
The 1995 KLCC Master Plan conceptualized by Tun. Dr.
Mahathir and reviewed by Cesar Pelli Architect had
transformed the “old” Kuala Lumpur into a world renowned
precinct.
Successful Completion of Initial Phase Development
3
4
8th & 9th
Malaysian
Plan
(2001 to 2010)
10th
Malaysian
Plan
(2011 to 2015)
5
11th
Malaysian Plan
(2016 – 2020)
The completion of KLCC Park (1996), District Cooling
Centre (1996), ExxonMobil Tower (1996), Maxis Tower
(1997), PETRONAS Twin Towers (1997), Mandarin
Oriental Kuala Lumpur (1998), KL Convention Centre,
Traders Hotel and Impiana (2005) and Menara 3
PETRONAS (2010) had transformed the KL Skyline
permanently
Revised Development Strategy for Future
Development
The revised 1995 KLCC master plan and the revised Kuala
Lumpur Structure Plan (KLSP) 2020 had transformed the
urban land use strategies to allow for higher density new
development.
Urban Catalyst
The KLCC Development had induced the growth of other
skyscrapers in close proximity and will continue to be the
catalyst of growth in the city.
The “Old Kuala Lumpur”
There are no spectacular buildings in the “old” Kuala
Lumpur in the early 70s, except for the
redevelopment of old shop houses into low rise
commercial buildings.
s
g
in
d
l
i
u
B
l
l
a
T
t
a
n
t
i
o
b
l
i
a
c
H
n
u an
o
C rb
© dU
an
Malaysians can only be proud of the Parliament
Building and the then 35-storey Menara Dayabumi
which was completed in 1984.
The famous Selangor Turf Club which spans over
100 acres of land along Jalan Ampang was the only
landmark in the central business district of the “Old
Kuala Lumpur”.
The KLCC Master Plan was approved in 1995 with GFA of 18.3 million sq. ft.
1
1
PETRONAS TWIN TOWERS
2
3
4
SURIA KLCC
MAXIS TOWER
5
2
176
14
(DCC1)
185
14
Lot 185
2
5
6
K
12
12
Proposed Walkway
KLCC- Ampang LRT
Station
L
6
8
17
4
D1
4
10
9
ASY-SYAKIRIN MOSQUE
NEW DEVELOPMENT
13
13
9
11 11 7
7
J
J
16
16
J1
17
J1
P2
P2
EXXONMOBIL TOWER
8
9
KLCC PARK
L1
M
M
8
Lot D1 17
COMPLETED DEVELOPMENT
18
Lot L
18 L1
DISTRICT COOLING CENTRE
6
s
g
in
d
l
i
u
B
l
l
a
T
t
a
n
t
i
o
b
l
i
a
c
H
n
u an
o
C rb
© dU
an
1
MANDARIN ORIENTAL KL
5
3
3
7
KUALA LUMPUR
CONVENTION CENTRE
10
THE BINJAI ON THE PARK
N
Lot N
10
11
TRADERS HOTEL KL
12
PETRONAS TOWER 3
13
1515
Lot 91
91
IMPIANA KLCC HOTEL
FUTURE DEVELOPMENT
KLCC Revised Master Plan was approved in 2012 with additional GFA of 7.4 mil sq. ft.
DEVELOPMENT
The KLCC MasterPHASING
Plan revived the “Old” Kuala Lumpur with new
developments
PHASE 5 (FUTURE) (2019
ONWARDS)
PHASE 4 (Upcoming) (20102019)
s
g
in
New mixed commercial: on
Lot L, L1, M & N
d
l
i
u
B
l
l
a
T
t
a
n
t
i
o
b
l
i
a
c
H
n
u an
o
C rb
© dU
an
PHASE 1-3 (COMPLETED)
Mixed Commercial
Development on Lot 185, 167,
176 & 20004
Mixed Commercial
Development on Lot 91
Phase 1
PETRONAS Twin Towers
Menara Maxis
Menara ExxonMobil
Suria KLCC Sdn Bhd
Mandarin Oriental KL
Phase 2
Traders Hotel Kuala Lumpur
Kuala Lumpur CC
Binjai On The Park
Phase 3
Menara 3 PETRONAS
Office GFA
7.5 mil sq. ft.
Retail GFA
1.5 mil sq. ft.
Others GFA
2.1 mil sq. ft.
Total GFA
11.1 mil sq. ft.
Mixed Commercial Towers on
Option Lots
Mixed Commercial
development on Lot D1
GFA
7.4 mil sq. ft.
Potential Redevelopment
GFA
7.1 mil sq. ft.
The revised KLCC Master Plan underscores the revision of Kuala Lumpur
Structure Plan (2020)
KLCC Master Plan was revised to unlock the highest and best development
potential of scarce land by introducing commercial developments with a higher
plot ratio
s
g
in
d
l
i
u
B
l
l
a
T
t
a
n
t
i
o
b
l
i
a
c
H
n
u an
o
C rb
© dU
an
overall gross floor area was increased from 18.3 million square feet to
25.7 million square feet
Master
developer of
KLCC has
engaged RNL
Design to
revise the
master plan
• 3 new lots are included as part of the revised Master Plan
• Transfer of development rights to undeveloped lots are
still recognized by the local authorities
• The revised KLCC Master Plan indirectly allows the KLCC
master developer to have higher buildings
• The possibility of redevelopment of previous development
Impact
•
The revised KLCC Master plan with developments with higher plot
ratio had changed the density of the city center.
•
The local authority recognized this change and reviewed the Kuala
Lumpur Structure Plan (KLSP) 2020 to accommodate to this change in
landscape.
The revised
Master Plan
was
approved in
2012
KLCC
– The
urban
catalyst the revision of Kuala Lumpur Structure Plan (202
sed KLCC
Master
Plan
underscores
KLCC development underpins the emergence of other skyscrapers in the KLCC
precinct
s
g
in
There are sixteen (16) high end gigantic skyscrapers slated for completion between 2015 and 2019
Examples:
d
l
i
u
B
l
l
a
T
t
a
n
t
i
o
b
l
i
a
c
H
n
u an
o
C rb
© dU
an
Lot
185
Mixed
Commercial
Development
including 60 floors
Fairmont Hotel
Lot
91
Mixed
Commercial
Development with
50 floors Office
Tower
Developed by JV
Partners of KLCC
(Holdings) Sdn Bhd
and
Qatari
Diar
Investment Authority
Developed by JV
Partners of KLCC
(Holdings) Sdn Bhd
and
Sapura
Resources Berhad
KDSB
Mixed
Commercial
Redevelopment with 61
floors tower
Developed by subsidiary
of
KLCC
Property
Holdings
Berhad,
Kompleks Dayabumi Sdn
Bhd
Four Season Place
342.5 m (65 floors)
KL118
Tower
(Warisan Merdeka)
Developed by Venus
Asset Sdn Bhd
610 m (118 floors)
Developed
by
Permodalan Nasional
Berhad
d
l
i
u
B
l
l
a
T
t
a
n
t
i
o
b
l
i
a
c
H
n
u an
o
C rb
© dU
an
s
g
in