Labrador Tower To Come With Many Green Features
SINGAPORE – Labrador Tower, the upcoming mixed-use commercial property consisting of office space and retail premise along Pasir Panjang Road, will be equipped with many eco-friendly features, according to a report from The Business Times that was updated on Monday afternoon (18 September, SGT).
These include hybrid active chilled beams, an underground thermal energy storage, and a microclimate control system that uses artificial intelligence (AI). Moreover, the building will be among the first buildings in Singapore to be integrated with an electrical underground substation (UGSS).
Usually, it’s more expensive to construct an underground substation than one above ground. While it costs more to build a substation underground than above ground, SP Group is undertaking the project this way as it will free up the space above for an operations support centre for the conglomerate and for the Labrador Tower development.
Located near the Labrador Park MRT Station, the commercial property is expected to be completed by the middle of next year. Apart from the UGSS, the development will comprise a five-storey podium above the substation that will house retail space and the operations support centre.
There will also be a 34-storey tower facing Pasir Panjang Road. This building will contain 29 floors of office space and 4 basement levels that can accommodate 250 vehicles. Crowning the tower is a garden and 24/7 restaurant.
So far, slightly over 50 percent of the development’s 700,000 sq ft of office space (net leasable area) have been pre-let or in advanced negotiations. Although SP Group refused to name the occupants that have committed, the office landlord revealed that the tenants are from the public sector and non-bank financial services.
Apart from being close to an MRT station, the development is within walking distance to a nature reserve and the upper office spaces offer panoramic sea views. Furthermore, Labrador Tower is certified as Green Mark Platinum Super Low Energy, meaning the development’s utility costs will be lower. This accreditation will also help the office tenants attain their ESG goals.