HOMERUNGramercy Park Proves a Hit
BIZBUZZCDL Issues First Green Bond by a Singapore Firm
LUXESTYLEVibrant Waterfront Lifestyle Living
FUTURENOWCreating Greener, Healthier Workplaces
HEARTWORKZero-Waste Heroes Unite
CDL Executive Chairman Mr Kwek Leng Beng shares his thoughts on this occasion of celebration below.
The fruition of this mega South Beach development tells the story of how we have overcome challenges in good times and bad times where sheer determination and perseverance prevailed. In 2007, together with Israeli Elad Group and UAE Dubai World, we won the tender by design and price for this large city block site with four heritage buildings that had to be conserved. In 2011, a restructure of the shareholdings occurred with the exit of the two original foreign investors.
CDL was approached by several interested parties and we accepted IOI Group of Malaysia as our like-minded joint venture partner for this mixed development, which is one of the largest in Singapore. I am pleased and proudly standing here savouring the fruit of this arduous journey.
We assembled talents around the world such as renowned architect Lord Norman Foster, design genius Philippe Starck, and thousands of professionals and workers.
Leveraging on CDL's green building expertise, today, South Beach is an award-winning sustainable development that has been accorded the pinnacle Building and Construction Authority Green Mark Platinum status amongst many other accolades.
In selecting Marriott Group as the operator for the South Beach Hotel, we are confident that with their vast network, resources, operating experiences, and marketing outreach especially after the merger with Starwood, this 634-room luxury design-driven hotel with ample facilities will further enhance Singapore hotel offerings and attract corporate, businesses, meeting groups and leisure travellers domestically and internationally. It is truly a city within a city.
Over the years, CDL has introduced innovative hotel concepts that injected vibrancy into Singapore's hospitality industry. These include W Singapore — Sentosa Cove, The St. Regis Singapore and more recently, in June 2016, M Social Singapore; and now JW Marriott Hotel Singapore South Beach.
Come 2019, CDL will also introduce the first EDITION boutique hotel on Orchard Boulevard — another sophisticated and charismatic brand with Ian Schrager concept in collaboration with Marriott. I have known Ian for 20 years and we both are excited about this project.
JW Marriott Hotel Singapore South Beach may just well be JW Marriott's most unique and distinctive hotel in its current portfolio. Just look around and you can see a highly urban lifestyle hotel with cutting-edge design elements not found in any other hotels in Singapore and possibly around the world.
Hotel is a place where stories and memories are made.
South Beach development is and will be an icon of Singapore that we can all be proud of.
Mr Kwek Leng Beng
CDL Executive Chairman
Mr Kwek Leng Beng's Photo Source: The Straits Times © Singapore Press Holdings Limited.
Permission required for reproduction. This photo has been modified for newsletter use.
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