If you've ever been to Thanh Da, you know that it's practically a rural village stuck smack-dab in the middle of Saigon. Rice paddies and fishing ponds take up most of the peninsula, along with a few green spaces and countryside-themed restaurants here and there.
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But all that will soon change, as Thanh Da makes way for another massive urban complex, reports REIC. As of this August, the Bitexco Group has received approval to build an urban center in the Thanh Da-Binh Quoi area.
The new project, which will include not only high-end developments but a network of infrastructure projects linking the sleepy island to the rest of the city, aims to give Thanh Da a complete makeover, incorporating modern architecture and updated roads and bridges while hopefully retaining some of the peninsula's natural charm.
Once completed, the Thanh Da-Binh Quoi area will be able to serve 41,000 to 50,000 residents and is set to occupy over 426 hectares of the peninsula. As an investor, the Bitexco Group will be required not only to construct an eco-friendly, modern space but also at least two of the bridges connecting the peninsula to Thu Duc and District 2.
Beyond their involvement, the city also plans to add another three bridges and link up Thanh Da-Binh Quoi with the city's metro line and other public transportation projects.
The city People's Committee is now awaiting blueprints for the project, which are due by October 10.
[Renderings via REIC]
