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World Trade Center Chennai

Coordinates:12°57′42″N80°14′43″E / 12.9616°N 80.2452°E /12.9616; 80.2452
From Wikipedia, the free encyclopedia
Skyscraper office buildings in Chennai

World Trade Center Chennai
Towers A (front) and B (back) of World Trade Centre, Chennai in March 2020
Map
Interactive map of World Trade Center Chennai
General information
StatusCompleted
TypeOffice
Location110 Old Mahabalipuram Road, Perungudi, Chennai 600096,Perungudi,Chennai,India
Coordinates12°57′42″N80°14′43″E / 12.9616°N 80.2452°E /12.9616; 80.2452
Construction started2013
Completed2020
OwnerBrigade Group, GIC
Height
Antenna spire122 m (400 ft) (Tower 1)[1]
88 m (289 ft) (Tower 2)[2]
Roof106 m (348 ft) (Tower 1)[3]
81 m (266 ft) (Tower 2)[4]
Top floor27 (Tower A)
19 (Tower B)
Technical details
Floor count28 (Tower A)
20 (Tower B)
Floor area170,000 m2 (1,800,000 sq ft)
Tower 1: 110,000 m2 or 1,200,000 sq ft
Tower 2: 56,000 m2 or 600,000 sq ft
Design and construction
ArchitectsHOK,New York
DeveloperBrigade Group (India) and GIC (Singapore)
References
Tower 1[5]
Tower 2[6]

TheWorld Trade Center, Chennai is a 28-storeyed commercial and residential centre inChennai,India. Located atPerungudi, it was made operational in March 2020. The centre consists of 170,000 square metres (1,800,000 sq ft) of office space. The complex also includes a conference/exhibition centre. The towers are IGBCLEED Platinum and USGBCLEED Gold certified. The centre is a member of theWorld Trade Centers Association (WTCA).[7] Tower A of the WTC complex is the tallest commercial establishment in the city.[8]

History

[edit]

In 2016, India'sBrigade Group andSingapore's GIC, a sovereign wealth fund, jointly acquired a 6.5-hectare (16-acre) land parcel at Perungudi, purchased fromKansai Nerolac Paints for5,378.6 million (equivalent to7.7 billion or US$91 million in 2023). The land acquisition was facilitated by Perungudi Real Estates, a special purpose vehicle formed by Brigade Enterprises and GIC, with the help of real estate firmJones Lang LaSalle (JLL). Construction of a world trade centre (WTC) and residential units, entailing an investment of more than10 billion (equivalent to14 billion or US$170 million in 2023) was planned on the land.[8][9] The foundation stone was laid on 9 June 2017. Initially expected to be operational by March 2020, the centre became functional officially in September 2021.

Features

[edit]
North Tower (Tower B) as in June 2024
South Tower (Tower A) as in June 2024

The complex consists of five towers, including two office towers, a hotel tower and two residential towers (the latter three are currently under construction). Built on a 6.1-hectare (15-acre) plot and developed as a Grade A++ commercial development, all the towers have three basements. The first office tower (Tower A) has 28 floors (ground and 27 floors) above the street, the second office tower (Tower B) 20 floors (ground and 19 floors), the third tower (hotel) 8 floors, and the fourth (restaurant) and the fifth (cafeteria and utility) towers 5 floors each. The total floor space of the construction would be 230,000 square metres (2,500,000 sq ft).[10] The 28-storied Tower A has a total floor space of 0.11 million square metres (1.2 million square feet), with a typical floor area of 4,600 square metres (50,000 sq ft). Tower B has a typical floor area of 4,100 square metres (44,000 sq ft). The complex has three levels of combined basement and includes development of more than 0.17 million square metres (1.8 million square feet) of premium office space spread across two towers. Upon completion, Tower A will be the tallest commercial structure in Chennai. It consists of premium retail and hotel within the campus.[11] The complex has a frontage of 350 metres (1,150 ft) on the Old Mahabalipuram Road. Once fully operational, the WTC can house 20,000 to 25,000 employees.[8] 298-unit high-end residential apartments will also be constructed.[8] The apartment block consists of 27-storeyed (G+26) twin towers to be built on 2.0 hectares (5 acres) of land. Besides, there will be another tower with 80 Marriott Exclusive apartments. These towers are to be completed by October 2024. A public park has also been constructed along with a basketball court.

The development will be led by the WTCA. The WTC has become an important landmark of Chennai city.[12]

The total development potential of the complex is 0.24 million square metres (2.6 million square feet).[8]

Operations

[edit]
Night view of WTC Tower B

The WTC officially become functional in September 2021 with its first occupant, Kissflow Inc., a software-as-a-service (SaaS) company, moving its 350 employees into its WTC office.[13][14] In March 2022,Amazon opened its office at the WTC, occupying 18 floors across 77,000 square metres (830,000 sq ft) to accommodate 6,000 employees.[15][16] In November 2023,Hapag-Lloyd Technology Center began its operations at the WTC.[17]

As of June 2024, the WTC is over 90% leased and houses marquee tenants.[18][19]

See also

[edit]

References

[edit]
  1. ^"World Trade Center Chennai 1"(PDF). cmdachennai. Retrieved3 September 2021.
  2. ^"World Trade Center Chennai 2"(PDF). cmdachennai.gov.in. Retrieved3 September 2021.
  3. ^"World Trade Center Chennai 1"(PDF). cmdachennai. Retrieved3 September 2021.
  4. ^"World Trade Center Chennai 2"(PDF). cmdachennai.gov.in. Retrieved3 September 2021.
  5. ^"Emporis building ID 1579906".Emporis. Archived from the original on 3 September 2021.
  6. ^"Emporis building ID 1579906".Emporis. Archived from the original on 3 September 2021.
  7. ^"World Trade Center Chennai".WTCA. World Trade Centers Association. 2016. Retrieved8 August 2016.
  8. ^abcdeKandavel, Sangeetha (19 October 2019)."WTC to open doors in March 2020".The Hindu. Chennai: Kasturi & Sons. p. 6. Retrieved20 October 2019.
  9. ^"World Trade Center planned in Perungudi".The Hindu. Chennai. 31 March 2016. Retrieved8 August 2016.
  10. ^Vaitheesvaran, Bharani (30 March 2016)."Brigade Group to build World Trade Centre in Chennai at cost of over Rs 1000 crore".The Economic Times. Chennai: IndiaTimes Group. Retrieved8 August 2016.
  11. ^"Foundation Stone Laying Ceremony of WTC Chennai".WTCA. World Trade Centers Association. 2017. Retrieved12 May 2017.
  12. ^"Next World Trade Centre in Chennai Coming Soon".DIL News. Chennai: Delhi Infratech Limited. 31 March 2016. Retrieved8 August 2016.
  13. ^"SaaS company Kissflow Inc moves into WTC Chennai".Business Line. Chennai: Kasturi & Sons. 6 September 2021. Retrieved9 November 2021.
  14. ^Hariharan, Sindhu (18 October 2021)."Your office wants you back: Corporate Tamil Nadu is reopening doors to employees".The Times of India. Chennai: The Times Group. Retrieved9 November 2021.
  15. ^Hariharan, Sindhu (29 March 2022)."Amazon opens new office in Chennai, its second largest in India".The Times of India. Chennai: The Times Group. Retrieved10 May 2022.
  16. ^"TN CM Stalin inaugurates Amazon's new office in Chennai that can support 6000 employees".The Indian Express. Chennai: Express Publications. 30 March 2022. Retrieved10 May 2022.
  17. ^"Hapag-Lloyd opens Technology Center in Chennai".Hapag-Lloyd. Chennai. 22 November 2023. Retrieved16 December 2024.
  18. ^"Brigade Group plans to make Chennai it second home, to invest ₹8,000 cr by 2030".The Hindu. Chennai: Kasturi & Sons. 12 June 2024. Retrieved21 June 2024.
  19. ^"Brigade Group launches premium mixed-use development project 'Brigade Icon' in Chennai".Business Standard. Chennai: BS. 12 June 2024. Retrieved21 June 2024.

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