Tuesday, November 08, 2011

Kota Kinabalu Southern City Hub in the making

KOTA KINABALU: Riverson, a RM590 million mix-integrated commercial development located along the coastal highway here and within the City’s Central Business District, is expected to be ready by 2014.

Developed on over 5.5 acres of prime commercial land, it would make its mark on the city as a vibrant proejct comprising four main pillars – The Gleneagles Kota Kinabalu Medical Centre, three-storey retail shops (Riverson Walk), a tower of six-storey office suites with mezzanine floor (Riverson Suites) and a seven-storey tower of SoHo units with mezzanine floor (Riverson SoHo).

Riverson Corporation Sdn Bhd managing director Ben Kong Chung Vui said when completed, Riverson together with other existing notable landmarks within the central business district, namely the Sutera Harbour Golf & Country Club, KK Times Square I & II, the upcoming transport-interchange station, Wawasan Plaza, Harbour City, and the newly completed Ming Garden Hotel would form the new KK Southern City Hub.

Ben, who has 15 years experience in the field, envisioned that within the next three to four years, the people shall see a shifting paradigm in the city, the lifestyle, as well as the advancement and growing business environment within Sabah.

“Riverson, being the upcoming new addition to the city, together with its immediate neighbours, will bring about substantial integration of activities and continuous crowd movements, served and generated by about 900 residences, over 600,000 square feet of commercial retail outlets, approximately 800,000 square feet of office space altogether, more than 6,000 car parks and more than 12 hotels in the vicinity; offering no less than 15,000 job opportunities into the market.

“This new integration of Southern Hub is also touted to be the ‘Orchard Road of Kota Kinabalu’, which will become KK’s latest modern and most walkable part offering a complete stretch from leisure to wellness all under one destination,” Ben disclosed to the media recently.

Recently, Danajamin Nasional Berhad granted Riverson a RM200 million five-year Private Debt Securities Bond.

The Gleneagles Kota Kinabalu Medical Centre, said Ben, will be the main anchor for Riverson. It will be developed as a tertiary level hospital, bringing Sabah a healthcare facility of international standards that shall work towards enhancing care in the state.

He assured that Gleneagles KK shall be assimilated with regionally well-established premium Gleneagles brand inculcating a facility with five-star hotel amenities and comfort, service levels to match, be infused with cutting edge technology and have a highly trained team of consultants and staff.

With up to 250 beds, 180-seat auditorium, six large operating theaters, 24-hour accident and emergency department and trauma and intensive care centre, he said Gleneagles KK would be built to comply with the Joint Commission International (JCI) standards as well as all content of local and national regulations.

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