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Privately owned public spaces Worawat Srisa-an Deputy Chief Executive Officer, Development Frasers Property Holdings Thailand 30 July 2021 Why we think sustainably? Long lifespan of developments. Be a part of the city for at least 30 years. Contribute to positive change of the city today and create value for the future community. What developer can do Be proactive in addressing todays’ issues Be creative in futureproofing Privately owned public spaces | Frasers Property Holdings Thailand Issues with urban development in Bangkok Limited open spaces causing.. No access for quality public space…Rising temperature…Flood stress More Green BANGKOK Space Less green density among Asian Megacities !!!! PLEASE !!! 2018 Bangkok Population ~10 million EAST ASIAN WHO BANGKOK Average International Standard Average Source : 1.Asian Green city index 2011, Bangkok Metropolitan Administration 66.2 9 3.54 2.Department of City Planning, Bangkok Metropolitan Administration sq.m./Person sq.m./Person sq.m./Person Privately owned public spaces | Frasers Property Holdings Thailand Issues with urban development in Bangkok Limited rights-of-way Right-of-Way Coverage Portland USA Washington D.C. USA Chicago USA New York USA Barcelona Spain Paris France Vienna Austria Tokyo Japan Buenos Aires Argentina Bangkok Thailand Recommended minimum Reference: Density on the ground: Cities and Building Coverage, Old urbanist coverage area = 20-25% Privately owned public spaces | Frasers Property Holdings Thailand Issues with urban development in Bangkok Limited rights-of-way disrupts the city’s daily flow, restricts walkability, increase vehicle uses RIGHT-OF-WAY COVERAGE % OF SIDEWALK IN TOTAL RIGHT-OF-WAY BY DISTRICT IN BANGKOK BY DISTRICT IN BANGKOK #UddCUubanInformatics 7% #UddCUubanInformatics 5% of total area of total area Bangkok area: 1,571 sq.km. Right-of-way coverage: 113 sq.km. Right-of-way coverage: 1,133 sq.km. Sidewalk coverage: 5.4 sq.km. Top 5 districts Top 5 districts with the highest right-of-way coverage with the highest sidewalk percentage Bangrak Ratchathewi Phra Pom Prap Nakorn Sattru Phai Pom Prap Dusit Sattru Phai Pathumwan Phra Nakorn Sampan Bangrak Thawong Privately owned public spaces | Frasers Property Holdings Thailand Why are they important? OPEN SPACE Environmental equity: Counter higher temperature and flood and improve air Health equity: quality. Access to quality open space can help people and communities to prevent chronic illnesses and promoting health. Social cohesion: Open spaces allow outdoor activities and social interactions among different groups. Source: Urban Land Institute, 2018. The case for open space. Why real estate should invest in parks and open spaces. Privately owned public spaces | Frasers Property Holdings Thailand Why are they important? RIGHTS-OF-WAY Economic development: Increase walkability: Public health: Organizes the massive Reduce vehicle use. More physical movements. flow that courses through Decrease burden on Allow contact-free travel in the city public transportation. open environment. Image: Freepik.com Privately owned public spaces | Frasers Property Holdings Thailand RAMA IV ROAD CULTURAL ‘ N E W C B D ’ MODERNITY RAMA IV DISTRICT CBD Sukhumvit Road Silom-Sathorn-Rama IV RAMA IV Road Connecting Green… PARK CONNECTING GREEN MAKASAN PARK 500 Rai MAKASAN RAIL STATION Green Pocket Park Connected Bridge MAKASAN PARK LUMPHINI PARK 360 Rai BENJAKITTI PARK Sky Bike 1.25 Km. 450 Rai LUMPHINI PARK ONE BANGKOK Bike way MAE NAM RAIL BENJAKITTI PARK KLONG TOEY PORT STATION 2,535 Rai BANG KACHAO PARK 5 km. 200 Rai MAE NAM MASTERPLAN 260 Rai Rail Way BANG Bike way KACHAO BANG KACHAO PARK What are we trying to achieve? MORE OPEN SPACE ADD GREEN AREA QUALITY ‘ PUBLIC AREA’ SOCIAL AND ECONOMIC GROWTH INCREASE WALKABILITY What are we trying to achieve? Our Projects… 3 ONE BANGKOK CULTURAL DISTRICT 1 2 Asok-Sukhumvit 1 3 4 Saladaeng-Silom 5 1 4 PARK VENTURES ECOPLEX THE PARQ BANG KACHAO Area 11,819 Rai 5 2 FYI CENTER SAMYAN MITRTOWN PARK VENTURES ECOPLEX Developed by Univentures PCL Park Ventures Ecoplex Usable public space and walkability Usable public space Increased walkability Street Tree Line FYI CENTER ‘ FOR YOUR INSPIRATION WORKPLACE ’ Developed by Frasers Property Thailand FYI Center Usable public space Privately owned public spaces | Frasers Property Holdings Thailand Urban Life Library Developed by Frasers Property Thailand Samyan Mitrtown Adding open space and walkability Adding open space and walkability Adding open space and green area Privately owned public spaces | Frasers Property Holdings Thailand Tree line for streetscape THE PARQ LIVE WELL BALANCED Developed by TCC Assets and management by Frasers Property Holdings Thailand THE PARQ Adding open space and green area THE PARQ Additional rights-of-way MRT Station Covered walkway to the hospital THE PARQ Enhance public right-of-way Tree shades Tree lines for sidewalk for the city Widened sidewalk Public sidewalk Privately owned public spaces | Frasers Property Holdings Thailand One District. One Vision. One Future Developed TCC Assets and Frasers Property. One Bangkok Core Development Principles Putting People First • Inclusive and easily accessible premises inspire new forms of public participation. • Large amounts of public space, including a 10,000-square-meter central plaza create a welcoming and open environment. • A network of pedestrian-friendly walkways supports exploration. • The development is designed to enhance the convenience and comfort of peoples’ everyday lives One Bangkok Core Development Principles Championing Sustainability • 50 rai of the 104-rai plot of land is allocated to green and open space, including shaded tree-lined streets and rooftop gardens. • A 40-meter-wide linear park wraps around Wireless and Rama IV Road, and acts as a natural extension of neighboring Lumphini Park. • Built to LEED and WELL certifications, the development is set to attain the first LEED Neighborhood Development Platinum standard in Thailand. One Bangkok Core Development Principles Living Smart • Smart technologies are integrated throughout the development, including traffic management, security, communication and retail platforms. • Common infrastructure such as energy management allows for greater efficiency and more green and public spaces. One Bangkok EXPRESSWAY CONNECTION Accessibility Direct access to MRT and expressway • An on-site transit hub that links directly to the MRT Blue Line at Lumphini Station, the city’s main transport loop with connections to BUS STOP the BTS and Airport Rail Link • 6-vehicle-access along Wireless Road, Rama IV and direct expressway connection • Over 12,000 car parking spaces and 40 coach parking bays • Shuttle transfer between both of Bangkok’s international airports With public and private sector collaboration 28 APPENDIX How government can support private sector Reexamine parking requirements Turn parking footprint into open spaces Turn this… …into this Privately owned public spaces | Frasers Property Holdings Thailand How government can support private sector Example: Hudson Yards, New York How private sector can contribute Example: Roppongi Hills, Tokyo Privately owned public spaces | Frasers Property Holdings Thailand How government can support private sector Reexamine parking requirements Turn parking footprint into open spaces Area can turn into Roppongi Hills, Tokyo BMA would require.. open space Reduced area 132,300 Sq.m. : = 785,000 2,760 6,540 Open space 26,000* sq.m. sq.m. Cars Cars The Hudson Yards, New York Reduced area 447,000 Sq.m. = : 1,688,800 1,300 Open space 89,400* sq.m. sq.m. Cars 14,070 Cars *Assume 5-storey parking structure Privately owned public spaces | Frasers Property Holdings Thailand How government can support private sector Account public transportation Compromise required parking numbers for projects with public transportation Privately owned public spaces | Frasers Property Holdings Thailand.
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