COMO Lifestyle wins bid to develop 2 blocks on Dempsey Road
SINGAPORE — COMO Lifestyle won the bid to develop Blocks 17 and 18 Dempsey Road, within the Dempsey cluster of Tanglin Village, for retail and F&B use.
SINGAPORE — COMO Lifestyle won the bid to develop Blocks 17 and 18 Dempsey Road, within the Dempsey cluster of Tanglin Village, for retail and F&B use.
COMO Lifestyle scored the highest among the six bids received, the Singapore Land Authority (SLA) and the Singapore Tourism Board (STB) said today (Dec 15) in a press release.
The SLA and the STB said their joint effort aims to rejuvenate and strengthen Tanglin Village’s position as a unique lifestyle enclave.
The agencies adopted the price and quality evaluation format to conduct the tender, where bids were assessed more holistically, with 60 per cent of the overall score for the quality of the concept and 40 per cent for the bid price.
COMO Lifestyle is introducing a concept called “COMO Dempsey” that will integrate a world-renowned retail concept store, Dover Street Market, a specially conceptualised Jean-Georges Vongerichten restaurant and bar, and COMO Cuisine, a new restaurant concept that will offer signature dishes from COMO properties around the world. Popular local Peranakan restaurant, Candlenut, by Chef Malcolm Lee has also been included as part of the proposal.
COMO Lifestyle is a subsidiary of the Club 21, whose ventures include fashion retailer Club 21, hospitality leader COMO Hotels and Resorts, fine foods purveyor Culina, organic retailer Supernature and holistic wellness brand COMO Shambhala.
Mr Lee Seng Lai, Director of Land Operations (Private) Division, SLA said, “COMO Lifestyle was awarded the tender based on its unique concept, proven track record in the F&B and retail industries, as well as its proposal to nurture
emerging Singapore talents by providing practical internship opportunities at the world-class establishments it will situate in Dempsey.”