Boustead Projects snaps up JTC tender to develop a business park

It will develop the 12-floor business park in Medianopolis.

Boustead Projects has recently been awarded by JTC Corporation a concept and price tender to develop a multi-tenanted business park development located at the 19-hectare Mediapolis within JTC’s 200-hectare one-north development.

The development is planned as a 12-floor business park building with two basement levels, prominently located on JTC’s MP8 land parcel at the junction of one-north Avenue and Media Circle, and a short distance from the Ayer Rajah Expressway. The Site is located beside the one-north Park and faces the nearby Mediacorp Campus, home of Singapore’s largest media broadcaster.

The development, awarded to Boustead's wholly-owned entity, BP-DoJo LLP, will be home to both established corporations and start-up graduates under one roof.

“We are pleased and extremely excited to undertake such a prestigious development at Mediapolis. This development adds to the strong progress made on several fronts, with the establishment of multiple key strategic platforms for joint developments both locally and overseas. We are confident that we can continue to grow our reach, and broaden and deepen our capabilities,” Boustead Managing Director Thomas Chu said.

The addition of the Development is expected to bring Boustead Projects’ portfolio of industrial leasehold facilities located within Singapore to 17 properties with an expected GFA approaching 228,000 square metres.