BANGKOK, July 7, 2015 /PRNewswire/ -- MQDC (Magnolia Quality Development Corporation, Ltd.), one of Thailand's top quality property developers, today announced that it will invest US$ 900,000 million to build 'an ideal community' called Whizdom 101 and comprised of residences, retail outlets, offices, and large areas of public space on a massive, 17-acre (6.9-hectare) property that will be one of the largest new developments in Bangkok. The project is scheduled for completion in mid-2018.
Whizdom 101 is located on one of Bangkok's major arteries -- Sukhumvit Road -- and is connected by skywalk to the BTS skytrain system's Punnawithi station.
Whizdom 101 is being developed under "The Great Good Place" concept which aims to provide an ideal balance between the homeplace, workplace, and social places. The social places are at the heart of the project and offer areas for people to gather, put aside concerns of home and work, and just simply hang out, enjoying good company and the feeling of being a part of a community.
The commercial zone is designed around a hybrid concept that blends indoor space with outdoor space on a scale never before attempted in Thailand.
The project includes Thailand's first in-building multi-level bicycle lane and jogging track that passes in and out of the building on a 1.3 kilometre course in the development's massive, multi-level garden park.
It will also have one of the largest vertical sports clubs in Thailand with around 10,000 square metres of space. The club will be managed by U.S.-based ClubCorp, one of the world's leading operators and owners of private clubs and hospitality facilities.
Additionally, Whizdom 101 will be Thailand's first fully integrated digital community, where offices, residences, retail and lifestyle facilities, and common areas will all be on a common digital platform, making the development a seamlessly connected digital town.
Mr. Visit Malaisirirat, Deputy CEO, MQDC, said, "Whizdom 101 is one of Thailand's pioneering developments. We have engaged advisers that include top international experts in space planning, architectural design, landscaping and many other specialised aspects of property development because we aim to attract buyers throughout the ASEAN Economic Community who are looking for world-class standards."
Among the global expert firms engaged by MQDC is Gensler, one of the world's most reputed design firms with special expertise in large-scale design in cities to make communities more livable. Gensler has designed everything from airports to lifestyle centers and landmark skyscrapers. In Thailand, it will collaborate with DiDesign.
MQDC has also engaged Rockwell Group which is another of the world's leading firms with special expertise in creating environments and living spaces that are immersive and comfortable.
"Each of these alliance partners is looking forward to creating a showpiece in Thailand," he said.
Whizdom 101 has a very high proportion of its land area -- around 65% -- left open, and 30% of its land area dedicated to greenery.
Whizdom 101 has a gross floor area (GFA) of around 340,000 square metres, including 20,000 square metres of retail space, 30,000 square metres of leasable office space, and 140,000 square metres of residential floorspace.
For further information:
Bangkok Public Relations Ltd.
Kanthicha Bunphokaew (ext. 112)
SOURCE MQDC Magnolia Quality Development Corporation