Raffles City Singapore Explained

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Raffles City
Alternate Names:Raffles International Centre (initial name)
Location:City Hall, Downtown Core, Singapore
Architectural Style:High-rise
Building Type:Office
hotel
shopping complex
Roof:158m (518feet) (office)
Floor Count:7 (retail)
42 (office)
Floor Area:421720square feet (retail)
380900square feet (office)
Status:Occupied
Architect:I. M. Pei
Architects 61
Developer:Tincel Properties
Management:CapitaLand
Owner:CapitaCommercial Trust
CapitaMall Trust
Main Contractor:SsangYong Group
Public Transit: City Hall Esplanade
Website:Raffles City

Raffles City is a large complex located in the Civic District within the Downtown Core of the city-state of Singapore. Occupying an entire city block bounded by Stamford Road, Beach Road, Bras Basah Road and North Bridge Road, it houses two hotels and an office tower over a podium which contains a shopping complex and a convention centre. The mall is managed by CapitaCommercial Trust and CapitaMall Trust. It was completed in 1986.

Built on the former site of Raffles Institution, the first school in Singapore, and located beside the historic Raffles Hotel, its aluminium-finish and simple geometric designs gave a stark, modernist contrast to Victorian architecture and classical architecture which used to characterise architecture in that district.

History

Initial plans

The development, initially called the Raffles International Centre, was announced in 1969. It was planned to cover an area stretching from the then-site of Raffles Institution up to the Cathay Building.[1] Due to soaring costs and a shortage of skilled workers, the plans were put on hold from 1973 to 1975[2] and approval for construction was not given until 1979.[3] That same year, the development was renamed Raffles City,[4] and the site was shrunken to only the old Raffles Institution location.[5]

Construction

Groundbreaking on the site took place on 14 August 1980 and it officially opened to the public on 3 October 1986.[6] The complex was designed by I. M. Pei in one of his earliest works in the city state. The complex contained The Westin Stamford Hotel, then the tallest in the world; The Westin Plaza, its smaller sister hotel; an office tower; a convention center and a shopping mall.

Renovations

In the 1990s the shopping complex went under a major renovation, with a different look. In June 2005, the management announced that the basement section of the complex will be expanded, with 30 to 50 more shops and was completed in July 2006 with MPH Bookstores, food and beverage outlets and fashion shops occupying the extension. Gloria Jean's Coffees has also made a return to the country after exiting the country a few years ago. The complex is directly connected to City Hall MRT (Exit 'A") station by escalators from the building entrance and to Esplanade MRT station (Exit 'G') from Basement 2, which leads to the Esplanade Xchange and then to Marina Square.

Hotel rebranding

At the conclusion of Westin's 15-year management contract with Raffles Holdings,[7] the hotels were both renamed on 1 January 2002, with The Westin Stamford becoming Swissôtel The Stamford and The Westin Plaza becoming Raffles The Plaza.[8] When Raffles Hotels was acquired by Fairmont in 2006, Raffles The Plaza was again renamed, becoming the Fairmont Singapore on 12 December 2007.[9]

CapitaLand REITs takeover

On 19 March 2006, CapitaLand's real estate investment trust (REIT), CapitaCommercial Trust and CapitaMall Trust jointly acquired the development from Raffles Holdings for S$2.09 billion. The former will take up a 60 percent stake in the complex and the latter taking the remainder 40 percent.[10] The trusts' shareholders approved of the purchase of the complex in July 2006. The deal has been completed in August 2006 and the complex is owned by the two trusts.

Expansion

On 20 August 2006, the new owners announced their plans to expand the retail space between 150,000 and 200000square feet from its current 356000square feet, by using the space on the carpark floors on basements two and three. The two CapitaLand property trusts will spend S$86 million on the expansion. An underground link linking Esplanade and City Hall MRT stations opened on 15 July 2010.[11]

Reconfiguration works

On 20 December 2021, CapitaLand announced the reconfiguration of 111000square feet located on levels 1 to 3 to attract more specialty shops with new escalators installed to increase accessibility for shoppers, replacing the space currently occupied by department store One Assembly and previously Robinsons & Co., which will shut on 3 January 2022. The reconfiguration will feature new shop concepts and brands as part of an asset enhancement initiative, which will be completed by the fourth quarter of 2022.[12]

Buildings

The complex consists of the one-time world's tallest hotel and currently the world's fourteenth tallest hotel, the 73-storey Swissôtel The Stamford, a 28-storey high-end twin-tower hotel, the Fairmont Singapore and the rectangular 42-storey Raffles City Tower, an office block.

Tenants

Japanese departmental store Sogo opened in 1986 but vacated the space and the basement supermarket (now occupied by CS Fresh) in 2000 after the company ran into financial problems due to the 1997 Asian financial crisis.[13]

Marks & Spencer has opened since 2001 alongside local favorite Robinsons (marking its return to Raffles Place) and Dairy Farm's premium supermarket brand Jason's Market Place (now known as Raffles City Market Place). Both department stores were closed down due to COVID-19 pandemic (Robinsons on 9 January 2021[14] [15] with Marks & Spencer supposed to close on 31 December 2020, which did not shut eventually)[16] [17] [18] [19]) and replaced with One Assembly, a joint-venture between Raffles City and BHG department store. One Assembly will subsequently shut as well on 3 January 2022. Marks & Spencer eventually announced its closure again, scheduled for 31 December 2021.[20] [21] [22] [23] [24] [25]

Also, Melissa has opened in 2017 but it was closed down in 2021 citing financial losses over COVID-19 pandemic and rationalisation of business, with Cotton On Body took over from 2021 to 2024. Cotton On Body closed down the store on 19 May 2024 and was replaced by M&G Life, again citing lower demand and alternatives to it (Plaza Singapura and ION Orchard), with public transport alternatives to be able to shop for this store (including Service 167 which had a note - reduced to 30-min frequencies from 17 December 2023).

The embassy of Hungary is located on the 29th floor of the Raffles City Tower, which also houses the delegation office of the European Union.

Events

117 IOC Session, Singapore

See main article: article and 117th IOC Session. The 117th IOC Session in Singapore, was held from 2 to 9 July 2005 at the Raffles City Convention Centre on the fourth floor. Security at the complex was extremely tight during the event. At the IOC Session, London was awarded the 2012 Summer Olympics.

See also

Notes and References

  1. News: . New $200 million 'heart' for city . The Straits Times . 17 October 1969 . 18 November 2017 . NewspaperSG .
  2. News: . On Again - The Raffles Centre Plan . The Straits Times . 25 March 1975 . 18 November 2017 . NewspaperSG .
  3. News: . Raffles Centre gets green light at last . The Straits Times . 4 February 1979 . 18 November 2017 . NewspaperSG .
  4. News: Teck Weng . Teo . Beginning Of A Mini-city... . Business Times . 17 April 1979 . 18 November 2017 . NewspaperSG .
  5. News: . The $600 million Raffles City . The Straits Times . 17 April 1979 . 18 November 2017 . NewspaperSG .
  6. Web site: Official Opening of Raffles City . NAS . 23 August 2019 . 3 October 1986.
  7. Web site: Westin Plaza & Stamford no more, soon(1) .
  8. Web site: Raffles International to Commemorate the Renaming of the Two Landmark Hotels in Raffles City .
  9. Web site: Fairmont Singapore Opens Its Doors .
  10. News: CapitaLand REITs' S$2.1 Bln Purchase May Boost Scale . Bloomberg . 2006-03-20 .
  11. News: Matthias . Chan . CMT, CCT profit to be lifted by up to 7% from Raffles City asset enhancement . Channel NewsAsia . 2006-08-21 .
  12. Web site: CapitaLand rejuvenates retail and lifestyle offerings at its downtown properties in Singapore . CapitaLand . 24 December 2021 . 20 December 2021.
  13. Web site: S'poreans can finally visit SOGO again nearly 2 decades after it left. 2021-03-05. mothership.sg. en.
  14. Web site: 2021-01-10. Robinsons bows out with closure of final outlet at Raffles City on Jan 9. 2021-03-05. AsiaOne. en.
  15. Web site: hermes. 2021-01-04. Robinsons to shut last store at Raffles City by Jan 10. 2021-03-05. The Straits Times. en.
  16. Web site: 2020-12-11. Marks & Spencer to close Singapore store, but 'fully committed' to city. 2021-03-05. Inside Retail. en-US.
  17. Web site: Chiang. Sheila. 2020-11-11. Why Marks & Spencer May Follow The Demise Of Sister Brand Robinsons Despite New S'pore Store. 2021-03-05. Vulcan Post. en-US.
  18. Web site: Yip . Jieying . Marks & Spencer Raffles City Not Closing Down After All . 8 Days . 24 December 2021 . 11 January 2021.
  19. Web site: Lim . Jessie . British retailer Marks & Spencer to remain open at Raffles City . The Straits Times . 24 December 2021 . 21 January 2021.
  20. Web site: One Assembly Raffles City Shopping Centre. 2021-03-05. www.capitaland.com. en.
  21. Web site: One Assembly Department Store & Value Store Raffles City Shopping Centre. 2021-03-05. www.capitaland.com. en.
  22. Web site: BHG Singapore to launch Raffles City concept store at former Robinsons space. 2021-03-05. CNA. en.
  23. Web site: hermesauto. 2021-01-29. New BHG concept store replaces Robinsons at Raffles City Shopping Centre. 2021-07-09. The Straits Times. en.
  24. Web site: CapitaLand rejuvenates retail and lifestyle offerings at its downtown properties in Singapore . CapitaLand . 24 December 2021 . 20 December 2021.
  25. Web site: Lee . Jeremy . Marks & Spencer Closing Raffles City Branch On 31 Dec, Has Up To 70% Off . Must Share News . 24 December 2021 . 10 December 2021.