Clarke Quay is extending its enchantment from a nightlife attraction to a day-and-night vacation spot with a S$62.0 million asset enhancement initiative (AEI).
The scope of the AEI contains bettering the daytime thermal consolation of the property’s internal streets, introducing tenants with an thrilling mix of way of life and F&B ideas that greatest utilise the reinstated godown typology of the conserved warehouses at Block B, enhancing the number of day-and-night eating choices, updating the out of doors refreshment areas (ORAs) and dealing with tenants to make the property a pet-friendly attraction.
Popularly generally known as “CQ” for brief, the property has added its initials to its title and can be marketed as “CQ @ Clarke Quay” domestically and internationally to mirror its trendy interpretation of Clarke Quay’s wealthy heritage.
Positioned alongside the Singapore River on the fringe of Singapore’s Central Enterprise District, CQ @ Clarke Quay is a singular conserved landmark with stunning shophouses in addition to restored waterfront godowns which have been Singapore’s key warehousing amenities within the nineteenth century. After the AEI, CQ @ Clarke Quay will comprise three most important zones, every with an thrilling mixture of day-to-night choices. The three zones are:
- The Riverfront (Blocks A and D), that includes riverside eating in an alfresco or heritage shophouse setting;
- The Warehouses (Block B), providing an thrilling mix of retail way of life and F&B ideas in a conserved godown; and
- The Circuit (Blocks C and E), showcasing high-energy ideas, leisure and F&B institutions.
To this point, pre-commitment from tenants and leases in superior negotiations have reached over 70% of CQ @ Clarke Quay’s internet lettable space. The brand new tenant combine will provide a large spectrum of day commerce actions and retail choices together with breakfast and lunch choices. The Warehouses will function an all-new brewery idea by an award-winning hospitality group.
Different tenants in The Warehouses embody:
- Swee Lee
- FairPrice Best
- Catching the Waves
Tenants within the different zones embody:
- Natureland
- Seafood Paradise
- Slingshot
As well as, present key tenants Zouk Group and 1-Group can be refining their ideas to broaden their day-to-night choices in step with the repositioning of CQ @ Clarke Quay.
Sustainability
CQ @ Clarke Quay will proceed to function all through the AEI, which can be carried out in phases from 3Q 2022 to 3Q 2023. The property has been a pioneer in adopting progressive and sustainable vitality administration options, having acquired the “ASEAN Vitality Environment friendly Constructing Award for Tropical Design” in 2006 conferred by the ASEAN Centre for Vitality.
With the upcoming enhancement of its property administration methods, CQ @ Clarke Quay is anticipated to improve its inexperienced constructing score conferred by the Constructing and Building Authority (BCA) from Inexperienced Mark Certification to Inexperienced Mark Gold (plus) upon completion of this AEI.
Round 34% of the full mission price is devoted to inexperienced options, equivalent to a extra energy-efficient chiller and a brand new ETFE (ethylene tetrafluoroethylene) cover.
