Asiatique The Riverfront


is being planned by the Urban Design and Development Centre with Chulalongkorn University. Known as the Yannawa Riverfront Project, Bangkok’s first waterside promenade will extend 1.2km from the Country Group site to the Saphan Taksin BTS Skytrain station on one of the area’s most spectacular reaches. With walking and biking trails, plenty of shade and art installations planned, Taechaubol says the project is “on a par with icons such as the High Line in New York”.


THE COMPETITION Across the river, Iconsiam is another huge project – a US$1.54 billion initiative, the largest amount ever invested by the private sector in a property endeavour in Thailand – from partners Siam Piwat, Magnolia Quality Development Corporation and Charoen Pokphand Group. Covering eight hectares and due for completion in 2018, it includes the Residences Mandarin


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Oriental Bangkok – the brand’s first apartment project in South East Asia, with 146 waterfront homes on 52 floors – along with the 70-storey Magnolias Waterfront Residences. There will also be two high-end retail complexes on 53 hectares, and attractions including a cultural museum. Like Chao Phraya Estate, it will offer facilities for yachts and water transport. Other developments on the river include Minor Hotel Group’s


Avani Bangkok Riverside, opening by the end of this year opposite the Asiatique night market. The first new-build Avani, the 26-storey property has 249 river- facing rooms and a rooftop bar. Lavish residential complexes such as the 54-storey Menam Residences (due to open 2017) and 57-storey Canapaya (2018) are also under construction. “There’s certainly been an


increase in interest in the river,” Robinson says. “We’ve formed a


NOVEMBER 2015 47


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