CPB pushing city land development - Lang Suan residents face eviction this year - Bangkok Post, March 14, 2007
The Crown Property Bureau will turn away from small lessees and instead invite large-scale property developers to build megaprojects on its land in the heart of Bangkok for the sake of bigger returns, in a move which surprised some residents but was welcomed by estate developers. A source at the bureau said the change would start with a plot on Phloenchit road within this year.
The plot stretches from a corner next to Mater Dei school to near the Ton Son Tower building, and its width extends from Phloenchit road down Lang Suan road to Nguan Lee restaurant on the curb between Lang Suan and Sarasin roads...
Legal moves loom over Suan Lum - The Nation, November 24, 2006
...The bureau said in a statement that it had made an offer to P Con Development (Thai), the developer and operator of the shopping centre, to sign a written confirmation that P Con would vacate the site of the former Pre-Cadet School and follow all arrangements by April 1. But P Con did not sign the letter, and the offer was revoked.
...The bureau understands that P Con has continued to improperly collect rent from the site occupants, so it will take all necessary lawful measures to clear the site, the statement said. P Con signed a three-year lease to develop the former Pre-Cadet School site. It expired at the end of 2004 and was extended until March 2006.
Seven vie to develop
Suan Lum location - Completed project may be worth B100bn - Bangkok Post, March 4, 2005
The Crown Property Bureau (CPB) has given seven short-listed bidders until the middle of the year to propose development plans for a 127-rai site on Wireless Road now used by the Suan Lum Night Bazaar.
The seven bidders are Sansiri; Natural Park; the TCC Group, led by liquor tycoon Charoen Sirivadhanabhakdi; the Central Group; MBK; Siam Piwat, the owner of Siam Center and Siam Discovery; and the Maleenont Group, owners of BEC World...
The CPB now manages 40,105 rai of land nationwide for His Majesty the King. Of the total, 8,835 rai are in Bangkok, of which 30% is rented by government agencies and state enterprises.
"Our efforts to increase efficiency in collecting property rents have already begun to bear fruit. We now have a steady rental income as a safeguard for the bureau while dividends from core investments have been rising sharply to reflect business recovery,'' he said...
Lumpini Stadium to 'close' - December 8, 2004
This is interesting news. 2Bangkok.com first reported in January 2004, long before it was otherwise public, that the Lumpini Stadium, along with Suan Lum, was to be removed to build the tallest building in the world--Siam
Tribute. The story in The Nation does not mention what will happen to the Lumpini Stadium land, but the story may not be that the venue is moving, but that the entire area will soon be redeveloped.
Lumpini Stadium ends with a bang - The Nation, December 6, 2004
...The event billed as Super Tuesday will mark 51 years of fighting for the historic Lumpini stadium which will close its doors as a premier boxing arena early next year to make way for a new modern venue at Lunlinchee 3, Trok Chan, in Bangkok...
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