Dusit Thani to Redevelop Bangkok CBD Holding

Thai hotelier Dusit Thani and shopping mall operator Central Pattana have announced plans to jointly invest US$1.16 billion in a mixed-use property development in Bangkok’s high-end central business district.

The ‘Dusit Central Park’ is situated in the prime business area on the corner of Silom-Rama IV road where the flagship Dusit Thani Bangkok Hotel was built almost 50 years ago.

Dusit Thani received approval for the mixed-use project from its shareholders in May 2017 and had to close its Dusit Thani Bangkok Hotel earlier in 2019 to in preparation for development of the Central Park project.

Dusit Central Park will house a hotel, a condominium, a shopping mall and an office building spread across 440,000 square metres. according to a joint statement issued by the companies. The project is expected to be completed by 2024.

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