Labrador Tower, the forthcoming mixed-use commercial property situated along Pasir Panjang Road in Singapore, is poised to be completed in 2024. Among its green credentials are cutting-edge technologies such as hybrid active chilled beams, an underground thermal energy storage system, and a sophisticated microclimate control system driven by artificial intelligence (AI).
Notably, Labrador Tower will stand out as one of Singapore's pioneers in integrating an electrical underground substation (UGSS) into its infrastructure. While the construction of an underground substation typically incurs higher costs compared to an above-ground alternative, SP Group, the project's executor, has opted for this approach to maximize space utilization.
By placing the substation below ground, Labrador Tower will free up valuable above-ground space for the conglomerate's operations support center and the tower's development. Strategically positioned near the Labrador Park MRT Station, this commercial complex is slated for completion by the mid of next year. Comprising a five-story podium housing retail outlets and the operations support center above the substation, the development will also feature a striking 34-story tower facing Pasir Panjang Road.
This tower, with its 29 floors of office space and four basement levels accommodating up to 250 vehicles, will boast a rooftop garden and a 24/7 restaurant. Currently, over 50 percent of the development's 700,000 square feet of office space (net leasable area) has either been pre-let or is undergoing advanced negotiations.
While SP Group has not disclosed the identities of these committed tenants, it has been revealed that they span across the public sector and non-bank financial services. Apart from its convenient proximity to an MRT station, Labrador Tower offers easy access to a nearby nature reserve and panoramic sea views from its upper office floors.
Furthermore, the project has been awarded the Green Mark Platinum Super Low Energy certification, ensuring reduced utility costs and aiding office tenants in achieving their environmental, social, and governance (ESG) objectives.