Market Street office tower to be designed by Toyo Ito

SINGAPORE: CapitaLand, CapitaCommercial Trust and Mitsubishi Estate Asia's joint venture Market Street office tower project will be designed by internationally-acclaimed Toyo Ito, founder of Toyo Ito & Associates.

The proposed 40-storey office tower design is a conceptual expansion of the earth's surface and will be located in Singapore's Central Business District (CBD).

The office tower has a net lettable area of about 720,000 sq ft, and features floor-to-ceiling heights of 3.2 metres. The typical floor plate ranges from 20,000 sq ft to 25,000 sq ft. There will also be sky gardens on three levels, a roof garden with restaurant, and a public plaza with art sculptures.

The inclusion of numerous state-of-the-art energy saving features is to achieve the Green Mark Platinum award, an accolade in recognition of environmentally friendly buildings from the Building & Construction Authority of Singapore.

"We are targeting the completion for the new Market Street office tower by the second half of 2014, where there will be no significant new Grade A office supply in Singapore's Central Business District, so as to capture the year's office demand," said CapitaCommercial Trust Management Ltd CEO Lynette Leong in a statement.