SINGAPORE’S second central business (CBD) district, the Jurong Lake District (JLD), will feature adaptable spaces for the future economy, given that business cycles will be shorter, and that businesses will have to adopt rapidly emerging technologies and more flexible business models. Such occupiers may find rentals of office space too high and the set-up too restrictive for creative juices to flow.
As Singapore’s second central business district, the JLD will consist of a core area around the Kuala Lumpur-Singapore High-Speed Rail (HSR) terminus. The area will comprise high-quality office spaces with mixed uses and be surrounded by clusters of business parks that provide flexible and adaptable work spaces for a good mix of complementary businesses and services of varying sizes. Examples include research and development facilities, educational and training institutes, small and mid-sized firms, business incubators and investment firms.
In launching its request for proposal (RFP) and inviting multi-disciplinary teams to develop master plan proposals for the JLD, the URA also unveiled a third new precinct in the district. Called Lakeside Gateway, this precinct has been envisioned as a mixed-use business precinct and home to the HSR terminus, which will anchor the JLD as “a district of the future” and Singapore’s second CBD.
A large part of the 112-hectare precinct is occupied by the Jurong Country Club, which has been acquired by the government. The JLD’s two other precincts unveiled earlier are the commercial hub of Jurong Gateway and the leisure precinct of Lakeside. In the longer term, Lakeside Gateway could be integrated with the surrounding areas such as the International Business Park, Teban Gardens and Pandan Gardens.
A key guiding goal in the master planning of the JLD is to achieve a more aggressive public transport mode share – one that is higher than the national target, which is 75 per cent by 2030. It will be distinguished by its high connectivity, accessibility and environmentally-friendly features, where smart and green mobility options are the choice modes of commute.
From among the multi-disciplinary teams participating in the RFP, the URA will shortlist up to five teams, which will develop their Concept Master Plans for JLD. When this is done, they will each receive an honorarium of S$200,000.
The team with the best Concept Master Plan will be appointed in February 2017, and work with the URA and partner agencies to draw up the Draft Master Plan for the JLD. There will be an exhibition of the Draft Master Plan around the third quarter of next year, during which the public will be invited to give feedback. After that, the appointed team will work with the URA to refine the plans. When this has been done, the team will be awarded S$2 million.