There are adequate parking lots in the vicinity of Golden Shoe Car Park (GSCP), even if it is redeveloped into an office building, said Minister for Transport Khaw Boon Wan.
This is the response to MP for Jurong GRC Mr Ang Wei Neng’ who asked the Minister for Transport what is the impact on carpark provisions in the Central Business District (CBD) when GSCP is developed into an office building and whether the Ministry is revising the carpark provision guidelines of shopping centres and office buildings inside and outside the CBD.
Mr Khaw also said that there are also many public transport options, with two MRT stations on three different lines and 50 bus services serving the area.
CapitaLand Commercial Trust (CCT or Trust) had announced that it has submitted plans to the relevant government authorities to redevelop Golden Shoe Car Park (GSCP) into commercial development which will include an office tower.
The existing land lease of GSCP will expire on 31 January 2081, and the current zoning is for transport use. Therefore, authorities’ approvals have to be sought for a change of use to Commercial, subject to payment of a differential premium and rezoning of the Master Plan.
CCT said that not withstanding the pending approvals, tenants of GSCP will be informed today (20 October) that they are expected to vacate the property by 31 July 2017. Vehicle owners with season parking at GSCP will also be notified about CCT’s intention to redevelop the property.
It said that the car park operation will continue until 31 July 2017 and vehicle owners may continue to park there at season and hourly rates. The current stallholders at Market Street Food Centre at GSCP will be informed today of the possible redevelopment plans.
In July 2011, the district lost 704 carpark spaces in July 2011 after CCT decided to turn Market Street Carpark, then Singapore’s oldest multi-storey carpark, into a new office development called CapitaGreen.
If this plan continues to run, then the district will also lose another 1,053 parking spaces.
Mr Khaw added that LTA will revise its requirements for the provision of car parks from time to time, in tandem with the expansion of our public transport network and in line with MOT’s car-lite strategy.
Correction: There is currently no waiting list for season parking at Golden Shoe carpark.