Thaniya Plaza to undergo major renovation for the first time in three decades - Siam Outlook

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Saturday, January 18, 2020

Thaniya Plaza to undergo major renovation for the first time in three decades


The makeover will add vibrancy and new lifestyle to Silom neighbourhood.

"Thaniya Group" Thailand's forefront real estate developer is planning to invest more than 1 billion baht on a renovation project of Thaniya Plaza. The biggest makeover project within three decades will cover the refurbishment of its exterior and interior design as well as the transformation of Thaniya Road. The new-look of Thaniya Plaza will be introduced under the concept "The Future of Thaniya," aiming to add vibrancy to its neighbourhood, reinforce its position as a landmark of Silom Road, and showcase its complete Golf Centre. Meanwhile, more magnetic and lifestyle shops, as well as green area, will be added to the area to respond to the lifestyle of a new generation and tourists. The first phase of the renovation will start in April while the work is expected to be completed by the beginning of 2021. During the renovation, the business will continue operating without interference.
Dr. Tasnawat Sombuntham, Managing Director of Thaniya Group, said, “Built on vacant land in Silom district, the long-standing Thaniya Plaza has been operating for 30 years. The complex of two adjacent buildings, consisting of an office building and a plaza building, is connected to the BTS Sala Daeng Station and MRT Silom Station. Thaniya Group is one of the first land developers who introduced a concept of mixed-use development by adding a retail podium, Floor 1-4, at the Front Building (Thaniya BTS Wing) and the Main Building (Thaniya Plaza). At the retail area, more than 80% of the tenants operate golf shops which made Thaniya Plaza the largest Golf Centre in Thailand and Southeast Asia. Besides golf shops, the rest 20% of the tenants operate Japanese restaurants serving customers and Japanese tenants. Also, there are other lifestyle shops such as a camera store selling film cameras which are rarely found these days.”
With great success over the past three decades, Thaniya Plaza has been well-known among business communities as well as Thai and foreign tourists. Nowadays, the complex is also recognised as one of the landmarks in the Silom area.
 
Thaniya Plaza's renovation plan is aimed at reinforcing the position of Silom's landmark and responding to the lifestyle of the new generation. Furthermore, by following policies of the Bangkok Metropolitan Administration (BMA) and the Collaborative Networks of Business Operators in Silom Area that aims to develop Silom Road into a clean, beautiful, organised, safe, prosper and modern street, the Thaniya Group is now ready to lead the change for Silom area.

With an investment of over 1 billion baht, the group will develop Thaniya Plaza's retail zone into a "Lifestyle Mall of the Future" that fulfils the needs of all customers. The renovation project will combine and give a harmonious look for the two adjacent buildings. With the transformation, Thaniya Plaza will be introduced under the concept "The Future of Thaniya" showcasing a modern style that gives importance to the environment and energy-saving practices.
Thaniya Plaza's design concept, Modern and Green, is based on survey results showing that the public wants to see more of green space in the Silom area. There will be four storeys of retail space or a total of 12,000 sq. m, of which 8,500 sq. m is located inside the Building A (Atrium) on Thaniya Street and 3,500 sq. m inside the Building B (BTS) on Silom Road. Two connecting bridges which link between Building A and Building B will be located on the 3rd Floor and 4th Floor. Furthermore, the landscape on the Ground Floor will be transformed to increase more green area and create a link between the two buildings.
In Building A, the 1st and 2nd Floor will serve as a Golf Centre that is equipped with an area for golf simulator and golf equipment from top brands. The 3rd Floor will be Lifestyle Shops showcasing lifestyle products and services, including beauty clinic, dental clinic, beauty stores, and many more. The 4th Floor will be a Food Hub which gathers famous food brands and leading restaurants at one place. In Building B on Silom Road, which is directly connected to the BTS Sala Daeng Station, the retail zone will showcase flagship stores and brand shops.

With the makeover plan, Thaniya Plaza has been receiving a good response from current and new tenants who are operating and launching new shops. Leading brands include Mizuno, Kasco, Bridgestone Golf, Titleist, Callaway, PING, Adidas, to name a few. Meanwhile, the group is approaching potential tenants to add more retail shops to the plaza. For Thaniya Street, a private avenue under the management of Thaniya Group, green area and space will be added to serve outdoor events during weekends.
The renovation plan will be divided into two phases. Beginning with Building A (Atrium), the first phase is from April to December 2020. The second phase of renovation will continue with Building B (BTS), while the project is expected to be completed within the first quarter of 2021. During the refurbishment, shops will be temporarily relocated to the unaffected area to keep the business and the retail zone functioning.
“Thaniya Plaza will further strengthen our position as the well-known landmark on Silom Road and fulfil needs of people in the Silom area. Residents, business people, tourists, golf lovers, or those who have different lifestyles can share the space of happiness at the Thaniya Plaza. Besides, we are confident that we can cater to a need for business operators in terms of the customer traffic and the prime location in Bangkok's Central Business District (CBD). We have also improved our space rental services to align with today's business landscape,” said Dr. Tasnawat.

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