Danamon, Setdco plan Kuningan superblock<\/p>\n
JAKARTA (JP): PT Bentala Sanggrahan of the Danamon Group and
\nPT Setdco Graha Mandura of the Setdco Group have set up a joint
\nventure to build an 8.4-hectare superblock in Kuningan, Central
\nJakarta, with a total investment of US$250 million.<\/p>\n
Budi Mardianto, a director of the joint venture company, PT
\nBentala Mahaya, said the newly established firm would be 60
\npercent owned by the Danamon Group and 40 percent by the Setdco
\nGroup.<\/p>\n
He said that the superblock, which would consist of a shopping
\ncenter, hotel, office buildings, and apartments, would be
\nconstructed in two stages.<\/p>\n
\"First we'll build a 21-floor hotel, a 5-story shopping
\ncenter, and a 4-level basement on a 5.5-hectare site. For the
\nsecond stage, we'll construct a 34-floor office building and two
\n32-floor apartment towers on a 2.9-hectare plot,\" he said.<\/p>\n
\"The first stage will be completed in the middle of next
\nyear,\" he said, as reported by the daily Bisnis Indonesia,
\nyesterday. He did not elaborate on when the second stage would be
\ncompleted.<\/p>\n
Budi said that the hotel would be run in cooperation with
\nOkura Hotels of Japan.<\/p>\n
The 8.4-ha superblock will be part of the 100-ha international
\nshopping and tourism belt, to be built by a number of developers
\nalong the 1.8-kilometer Jl. Dr. Satrio, Kuningan, Central
\nJakarta.<\/p>\n
The other developers, including the Ciputra Group, PT Duta
\nPertiwi of Sinar Mas Group, PT Hatmoadji dan Kawan (Haka), Jan
\nDarmadi Group, and PT Abadi Guna Papan, are building shopping
\ncenters, office buildings, apartments and hotels along the road,
\nwhich is part of the city's golden triangle. (bnt)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/danamon-setdco-plan-kuningan-superblock-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}