Currently, Singapore's tallest building is the 280-meter United Overseas Bank Plaza One.
The new center will include the Guoco Tower, a 38-story Grade A office building, Singapore's tallest residences starting at 50 stories high, a luxury business hotel, retail space, and a sheltered event space in Tanjong Pagar City Park, according to a release from GuocoLand.
Totaling 1.7 million square feet, the development will have direct access to the Tanjong Pagar MRT station while acting as the gateway to the "future waterfront city that will replace the existing Tanjong Pagar ports," GuocoLand says.
GuocoLand is focusing on large-scale developments in Singapore and the region, said Trina Loh, GuocoLand group managing director.
"We have set out to build a global icon that will position Tanjong Pagar as...a benchmark for sustainable and livable developments," Ms. Loh said.
Tanjong Pagar Centre will use "passive technologies such as solar shading devices and natural ventilation to reduce mechanical loads and will employ photovoltaic panels to generate one percent of the buildings' energy," according to the designer, Skidmore, Owings & Merrill (SOM).