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Petronas Towers and KLCC: Urban Catalyst Faudziah Ibrahim, General Manager, KLCC
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Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

Mar 22, 2018

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Page 1: Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

Petronas Towers and KLCC: Urban Catalyst

Faudziah Ibrahim, General Manager, KLCC

Page 2: Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

PETRONAS Towers and KLCC:

Urban Catalyst

Presented by: Datin Sr. Faudziah Hj. Ibrahim, FRISM, MRICS

Head Development Division, KLCC Property Holdings Berhad Head Leasing and Asset Manager, KLCC Real Estate

Investment Trust

2015 CTBUH Conference New York

© Council on Tall Buildings

and Urban Habitat

Page 3: Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

Transformation of Kuala Lumpur City Centre in the past 50 years

The “Old” Kuala Lumpur

6th & 7th Malaysian

Plan (1990 to 2000)

8th & 9th Malaysian

Plan (2001 to 2010)

10th Malaysian

Plan (2011 to 2015)

11th Malaysian Plan (2016 – 2020)

1

5th Malaysian Plan (1986 – 1990)

Historical Timeline

2

3

4

5

The Selangor Turf Club was the landmark of the “old” Kuala Lumpur Central Business District

KLCC Master Plan

The 1995 KLCC Master Plan conceptualized by Tun. Dr. Mahathir and reviewed by Cesar Pelli Architect had

transformed the “old” Kuala Lumpur into a world renowned precinct.

Successful Completion of Initial Phase Development

The completion of KLCC Park (1996), District Cooling Centre (1996), ExxonMobil Tower (1996), Maxis Tower

(1997), PETRONAS Twin Towers (1997), Mandarin Oriental Kuala Lumpur (1998), KL Convention Centre,

Traders Hotel and Impiana (2005) and Menara 3 PETRONAS (2010) had transformed the KL Skyline

permanently

Revised Development Strategy for Future Development

Urban Catalyst

The revised 1995 KLCC master plan and the revised Kuala Lumpur Structure Plan (KLSP) 2020 had transformed the urban land use strategies to allow for higher density new

development.

The KLCC Development had induced the growth of other skyscrapers in close proximity and will continue to be the

catalyst of growth in the city.

© Council on Tall Buildings

and Urban Habitat

Page 4: Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

The “Old Kuala Lumpur”

There are no spectacular buildings in the “old” Kuala Lumpur in the early 70s, except for the redevelopment of old shop houses into low rise commercial buildings.

Malaysians can only be proud of the Parliament Building and the then 35-storey Menara Dayabumi which was completed in 1984.

The famous Selangor Turf Club which spans over 100 acres of land along Jalan Ampang was the only landmark in the central business district of the “Old Kuala Lumpur”.

© Council on Tall Buildings

and Urban Habitat

Page 5: Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

176 (DCC1)

K

185

D1

PETRONAS TWIN TOWERS

SURIA KLCC

MAXIS TOWER

ASY-SYAKIRIN MOSQUE

EXXONMOBIL TOWER

KLCC PARK

KUALA LUMPUR CONVENTION CENTRE

THE BINJAI ON THE PARK

TRADERS HOTEL KL

PETRONAS TOWER 3

IMPIANA KLCC HOTEL

L

M

N

L1

J J1 P2

91

Proposed Walkway KLCC- Ampang LRT Station

1 2

3

4

5

6

7

8

9

10

11

12

15

16

17

18

13

14

1

2

3

4

5

6

7

8

9

10

11

12

13

1

MANDARIN ORIENTAL KL

DISTRICT COOLING CENTRE

2

3

4

5

6 Lot 185

7

8

9

10

11

12

13

Lot L

Lot N

M

L1

Lot D1

Lot 91

17 16 J J1

P2

14

15

17

18

COMPLETED DEVELOPMENT

NEW DEVELOPMENT

FUTURE DEVELOPMENT

KLCC Revised Master Plan was approved in 2012 with additional GFA of 7.4 mil sq. ft.

The KLCC Master Plan was approved in 1995 with GFA of 18.3 million sq. ft.

© Council on Tall Buildings

and Urban Habitat

Page 6: Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

PHASE 1-3 (COMPLETED)

PHASE 4 (Upcoming) (2010-2019)

PHASE 5 (FUTURE) (2019 ONWARDS)

DEVELOPMENT PHASING

Phase 1

PETRONAS Twin Towers

Menara Maxis

Menara ExxonMobil

Suria KLCC Sdn Bhd

Mandarin Oriental KL

Phase 2

Traders Hotel Kuala Lumpur

Kuala Lumpur CC

Binjai On The Park

Phase 3

Menara 3 PETRONAS

Mixed Commercial Development on Lot 185, 167, 176 & 20004

Mixed Commercial Development on Lot 91

Mixed Commercial Towers on Option Lots

Mixed Commercial development on Lot D1

New mixed commercial: on Lot L, L1, M & N

Potential Redevelopment

Office GFA 7.5 mil sq. ft.

Retail GFA 1.5 mil sq. ft.

Others GFA 2.1 mil sq. ft.

Total GFA 11.1 mil sq. ft.

GFA 7.4 mil sq. ft.

GFA 7.1 mil sq. ft.

The KLCC Master Plan revived the “Old” Kuala Lumpur with new developments

© Council on Tall Buildings

and Urban Habitat

Page 7: Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

The revised KLCC Master Plan underscores the revision of Kuala Lumpur Structure Plan (2020)

KLCC Master Plan was revised to unlock the highest and best development potential of scarce land by introducing commercial developments with a higher plot ratio

Master developer of

KLCC has engaged RNL

Design to revise the

master plan

The revised Master Plan

was approved in

2012

Impact

• The revised KLCC Master plan with developments with higher plot ratio had changed the density of the city center.

• The local authority recognized this change and reviewed the Kuala

Lumpur Structure Plan (KLSP) 2020 to accommodate to this change in landscape.

• 3 new lots are included as part of the revised Master Plan • Transfer of development rights to undeveloped lots are

still recognized by the local authorities • The revised KLCC Master Plan indirectly allows the KLCC

master developer to have higher buildings • The possibility of redevelopment of previous development

overall gross floor area was increased from 18.3 million square feet to 25.7 million square feet

© Council on Tall Buildings

and Urban Habitat

Page 8: Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

sed KLCC Master Plan underscores the revision of Kuala Lumpur Structure Plan (202KLCC – The urban catalyst

KLCC development underpins the emergence of other skyscrapers in the KLCC precinct

There are sixteen (16) high end gigantic skyscrapers slated for completion between 2015 and 2019

Examples:

Lot 185 Mixed Commercial Development including 60 floors Fairmont Hotel

Developed by JV Partners of KLCC (Holdings) Sdn Bhd and Qatari Diar Investment Authority

Four Season Place 342.5 m (65 floors)

Developed by Venus Asset Sdn Bhd

KL118 Tower (Warisan Merdeka)

610 m (118 floors)

Developed by Permodalan Nasional Berhad

Lot 91 Mixed Commercial Development with 50 floors Office Tower

Developed by JV Partners of KLCC (Holdings) Sdn Bhd and Sapura Resources Berhad

KDSB Mixed Commercial Redevelopment with 61 floors tower

Developed by subsidiary of KLCC Property Holdings Berhad, Kompleks Dayabumi Sdn Bhd

© Council on Tall Buildings

and Urban Habitat

Page 9: Petronas Towers and KLCC: Urban Catalystglobal.ctbuh.org/.../petronas-towers-and-klcc-urban-catalyst.pdf · PETRONAS Towers and KLCC: Urban Catalyst . Presented by: ... Oriental Kuala

© Council on Tall Buildings

and Urban Habitat