KL Metropolis, Kuala Lumpur’s latest iconic landmark and business district, was launched today by Prime Minister YAB Dato’ Sri Mohd Najib Tun Abdul Razak at a grand ceremony held at the grounds of the Matrade Exhibition and Convention Centre (MECC). The 75.5 acre development, that is poised to be the city’s new international trade and exhibition district, will house the new Matrade Centre, set to be Malaysia’s largest exhibition centre as well as other high profiled mixed development components.
Naza TTDI Sdn Bhd, the master developer for the project is currently constructing the new Matrade Centre that sits on a 13.1 acre land and will be developing the 62.4 acre balance tract of land in three phases over a period of 15 years. The overall development is expected to be completed by 2025.
Naza TTDI Chairman, SM Nasarudin SM Nasimuddin, who is also Joint Group Executive Chairman of Naza Group of Companies said, “The launch of KL Metropolis marks another milestone in Naza TTDI’s impressive portfolio and puts us in the right course towards becoming a premier property developer in Malaysia. It is our hope that KL Metropolis will contribute significantly towards turning Kuala Lumpur into a livable, world-class city.” He added further that the project, which has an overall Gross Development Value (GDV) of RM15 Billion, will commence the first phase of development that includes residential and office towers and a regional retail centre slated for completion by 2015, with the Matrade Centre completing a year ahead.
The design team at Naza TTDI together with renowned international architect firm Skidmore, Owings and Merrill, famed for developments such as Burj Al-Khalifa, Dubai and Canary Wharf, London, collaborated in creating the master plan for KL Metropolis that is based on sustainable development principles.
KL Metropolis is designed to Malaysia’s Green Building Index (GBI) requirements and is also the first registered LEED for Neighborhood Development (LEED-ND) project in Malaysia. It will be among the most environmentally sound, mixed-use communities in the country. The LEED-ND certification is an internationally-recognized green Rating System that incorporates the principles of smart growth, urbanism and green building. LEED-ND projects meet accepted high levels of environmentally responsible, sustainable development.
Group Managing Director, SM Faliq SM Nasimuddin said,”This iconic landmark development will re-shape the country’s Meetings, Incentives, Conventions and Exhibitions (MICE) industry through the complementing components surrounding it to position Malaysia as the premier MICE destination in the region. The KL Metropolis masterplan reflects Naza TTDI’s commitment to sustainability in development. By incorporating principles of sustainable design and an emphasis on environmental responsibility, we hope to compel like-minded foreign partners to set up business in KL Metropolis.” He added that Naza TTDI was committed towards supporting the Government’s efforts in drawing foreign direct investments to Malaysia and generate economic growth.
KL Metropolis is supported by comprehensive vehicular & pedestrian traffic networks, extensive accessibility points and major upcoming infrastructure improvements which include the 6 km extension of the existing Ampang LRT line from Sentul station and future MRT lines that include the Circle line. The development boasts a Pedestrian Township with multi-tiered connectivity over roads to glue different parcels together and encourage walking culture to ease internal site movements. More information on KL Metropolis can be found on www.klmetropolis.com
Also present at the launch were Minister of International Trade and Industry, Dato’ Sri Mustapa Mohamed, Joint Group Executive Chairman, Naza Group of Companies, Dato’ Wira SM Faisal SM Nasimuddin and Minister of Federal Territories, Dato’ Raja Nong Chik Dato’ Raja Zainal Abidin.