LReit unveils plans after winning tender to redevelop site, as part of efforts to liven up Orchard Rd
An independent cinema, hawker stalls and multiple event spaces are set to take over the 48,200 sq ft open-air carpark in Grange Road as part of major efforts to rejuvenate the Orchard Road area.
Mainboard-listed Lendlease Global Commercial Reit (LReit) announced its plans yesterday after winning the tender to redevelop the site at the junction of Grange Road and Somerset Road into a multi-functional event space.
The joint tender to redevelop the carpark, which is expected to cease operating later this year, was called by the Singapore Land Authority (SLA), Singapore Tourism Board (STB) and Urban Redevelopment Authority (URA) last October.
Read more at: https://www.straitstimes.com/singapore/grange-rd-carpark-to-make-way-for-event-space-with-cinema