Wednesday, January 03, 2007
[RealEdge] BT : Scotts Shopping Centre to be demolished soon, tenants move
| Published December 29, 2006  | |||
| Scotts Shopping Centre to be demolished soon, tenants move
By UMA SHANKARI
TENANTS have started clearing out of Scotts Road mainstay Scotts Shopping Centre as the mall awaits demolition.
New owner Wheelock Properties, which bought the freehold Scotts Shopping Centre and the 23 storey The Ascott Singapore Serviced Residences above it for $345 million in June 2004, will soon tear down the landmark development to make way for its upcoming luxury residential and retail project, Scotts Square. Retailers were given until the end of this year to move out of the mall, which will be pulled down in mid-January, says Wheelock. The developer will be demolishing the service apartment tower as well as the shopping centre. Construction on Scotts Square will begin in the third quarter of next year, and is due to be completed by the end of 2010. Wheelock says that the residential component - 338 apartments of one, two and three-bedroom units - will be launched in the second half of next year. The development will also have an upmarket retail podium with 70,000 sq ft of retail space. The new project means that Singaporeans will have to say their farewells to Scotts Shopping Centre, a familiar sight in the Orchard Road area since the 1980s. Then, the buzz on Orchard Road was at the stretch containing CK Tang, the then Lane Crawford, the then newly-built Wisma Atria and Scotts Shopping Centre - which was noted as being home to Singapore's first air-conditioned food court. Yesterday, while tenants carried on with their packing, shoppers continued visiting the mall, taking advantage of 'closing down' sales. At the food court, which was refurbished about 10 years ago, long queues were seen at the few remaining stalls. But fashionistas need not fear the disappearance of their favourite brands. Major tenants such as Blush! and Kiehl's are also present in other malls, while other brands have already migrated to the new VivoCity. | |||
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