To increase the site footprint, World Class Land has purchased 275 sqm of Transferrable Site Area (TSA) from 295-299 Queen Street, owned by Bloomberg Incorporated, and 157 sqm from 308 Queen Street which is owned by Primewest Funds Limited. TSA is a process where an owner of a heritage building or place transfers the right to develop the site to another site for development in exchange for upholding and protecting the heritage of a building or place.
Under the proposed development, non-residential space will increase from 636 sqm to 956 sqm at ground level and in the podium. The podium design has been changed at the corner of Albert Street and Beatrice Lane to increase the distinction of the podium while new awnings to the intersection of Albert and Margaret Streets provide protection and maintain a comfortable environment for pedestrians.
The amount of communal recreation space (indoor and outdoor) will increase from 2,991m2 to 3,283m2. The development also proposes a double height communal recreation space at the top of the podium that will overlook Beatrice Lane.
The proposal includes an extra basement level and an additional six car parks with adjusted car park dimensions and aisle widths.
GRC has been working with Singaporean Developer World Class Land and the wider project team to deliver cost planning and control during the design phase of 30 Albert Street.
View the development application for this proposed development: A004462280.