Phu My Hung relocates real estate trading floor after over 20 years
Phu My Hung will move its real estate trading floor to Crescent Residence 3 on Oct. 1, clearing the Lawrence S. Ting Building site for a new mixed-use complex.
Phu My Hung has moved its real estate trading floor to a new location at 109 Ton Dat Tien Street in Crescent Lake area. This relocation is part of preparations for the development of a 1.5-hectare C1 mixed-use complex as part of the Phu My Hung 2.0 strategy. The previous headquarters, the 12-story Lawrence S. Ting Building, has been operating since 2004 and has hosted various delegations and experts.
After the opening of the second phase of Crescent Mall and other Phu My Hung developments, the company continues to utilize portions of the building while planning to replace it with a mixed-use complex. This new complex will include a hotel, high-end offices, serviced apartments, and a shopping center. Located in the International Commercial and Financial District, the site is a gateway to the urban area.
The 23-story complex will have nearly 100,000 square meters of total floor area and is being designed by Japanese firm Nihon Sekkei. The redevelopment is part of Phu My Hung 2.0, which aims to enhance the urban area's functions and position through investment in landscaping, commercial facilities, arts, culture, healthcare, housing, and more.
Written by urgent.news from VnExpress Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
