After Nguyen Hue pedestrian street, The Global City - the future destination of Ho Chi Minh City
That is the vision of Masterise Homes - the project developer when strongly investing in the architecture, landscape and utilities of the mega-urban in Thu Duc city.
Ho Chi Minh City has long held the role of economic - cultural - tourist center of the country, attracting a large population scale and a large number of domestic and international tourists to visit and stay every year. . The current downtown area is Nguyen Hue - Le Loi street, which is the first choice for entertainment, shopping and culinary activities of a large number of customers, turning this place into a bustling and bustling place. symbol for the vitality and prosperity of the city.
Recently, on the market appeared a mega-urban project called The Global City in An Phu Ward, Thu Duc City with the ambition of becoming the second "downtown" of Ho Chi Minh City. With a schedule to complete the entire scale of 117.4 hectares within 48 months, the project is expected to bring the same attraction and excitement as Nguyen Hue - Le Loi but with methodical planning and standard design. cosmopolitan and technologically advanced modernity of a global city.
According to analysts, with the factors of "natural time - geographical location - human harmony", The Global City has the potential to rival the old downtown area in the coming years, becoming a top destination for tourists and bringing the best of both worlds. Great commercial potential for rental business activities in townhouses.
Heaven - it's time for Ho Chi Minh City to have a new downtown
Nguyen Hue - Le Loi area began to form during the French colonial period of Saigon with a history of more than a century. Today, this is an area where high-end hotels, restaurants, eateries, fashion retail stores and pedestrian streets have just been put into operation in recent years.
With its location in the central core of District 1, this area can welcome hundreds of visitors to visit and have fun every Tet holiday. According to the latest statistics on the occasion of the 2022 Lunar New Year, Nguyen Hue Flower Street welcomed about 350,000 visitors in 9 days of opening, an increase of 440% compared to 2021.
Nguyen Hue pedestrian street is full of people on Tet holiday.
However, after decades of development and urbanization, the old downtown area of Ho Chi Minh City has exhausted its land fund to expand commercial and tourist activities or expand transport infrastructure to welcome tourists. increasing. On each Tet holiday, this area can be overcrowded with tourists leading to traffic jams and serious lack of parking space.
Many buildings on Nguyen Hue Street, although with ancient French architecture, are gradually degraded and cannot be dismantled for embellishment. The scale and planning of the old downtown is no longer enough to meet the outstanding development of Ho Chi Minh City, posing the need for a worthy new downtown.
Looking at the plans of neighboring countries, the multi-center urban development model is not strange. Like Singapore, about 10 years ago, it was a process of gradually moving from the old downtown - Orchard Road area, to the new downtown - Marina Bay area. Today, although the Orchard Road area still has the bustle of the central area, Marina Bay is the leading destination for the most vibrant cultural and economic activities of the lion island.
The vision of Masterise Homes when developing The Global City urban area is to create a "miracle" similar to Marina Bay. With the similarity of the location along the water (adjacent to the Rach Chiec River), The Global City makes the most of this advantage and has planned an additional artificial canal system with a total length of up to 2km named "Bay Da Nang". Love", which integrates the leading water music zone in Southeast Asia.
Surrounding the bay area is a large green park, bringing a poetic scene, attracting a large number of tourists to enjoy and enjoy every weekend. According to the project developer, the entire landscape and public utilities of the project are being prioritized for construction to be completed in Q1/2023, bringing vitality to the whole urban area.
Location - golden location with many connections
Adjacent to the Ho Chi Minh City - Long Thanh - Dau Giay expressway, The Global City is located at the key intersection of traffic flows from the Southeast, South Central and Central Highlands provinces to Ho Chi Minh City and vice versa.
With a large traffic volume, the Ministry of Transport has agreed to expand the expressway through The Global City to eight lanes by 2025, with a capital of more than 9,800 billion VND. The city has just approved the policy of building An Phu intersection with a total capital of 3,926 billion VND, expected to be completed in 2025. This is also the time when The Global City gradually completed and handed over, inherited " push” from the development of infrastructure next to the project.
The location of The Global City becomes even more favorable when Thu Duc city will be invested in infrastructure with an investment scale of up to 852,500 billion VND in the near future. Besides the highway, Do Xuan Hop, Le Van Viet, La Xuan Oai, Nguyen Duy Trinh streets will also be widened, bringing more bustle to The Global City.
Nhan Hoa – international project development team
The Global City brings together the world's leading real estate development partners, including Tung Feng Construction Engineering, Artelia Project Manager, Quimera Energy Efficiency Consultant, WATG Landscape Design and especially Foster + Partners Architectural Consultant. Masterise Homes said it will apply the highest international standards in design and construction that Foster+Partners advises on proposals for the megacity in general and each subdivision, each product in particular.
The Masterise Homes representative also shared that The Global City has a very large investment rate (investment cost in infrastructure, technology, public utilities, operation management system) which is significantly different from that of Masterise Homes. other townhouse projects. 11% of The Global City's area is for green space, equivalent to nearly 13ha.
On the technology side, Masterise Homes is developing its own app for The Global City urban area aims to ensure security, traffic coordination and urban space management, which uses Artificial Intelligence (AI) and the Internet of Things object. The project also integrates infrastructure to meet the needs of electric vehicles, with charging points in the basement and light poles on main roads. With an outstanding scale and level of innovation, The Global City's infrastructure will contribute to the attraction of the urban area, increasing the bustling and bustling level of the city's new downtown, thereby increasing significant value added to the Soho subdivision.