A Capitol idea

A Capitol idea 

 

After being shut the past decade, the 79-year-old Capitol Theatre is set for a facelift.

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The “grand old dame” and three surrounding buildings between North Bridge and Stamford roads will be put up for tender around December as part of the government’s land sales programme.

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“The sale of the site will facilitate the restoration of the conserved buildings and add vibrancy to the area through the introduction of new entertainment, retail and hotel uses,” the Ministry of National Development said yesterday.

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The theatre itself will be gazetted for conservation, along with neighbouring Capitol Building and Stamford House. However, the fourth building, Capitol Centre, can be redeveloped.

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CBRE Research’s executive director Li Hiaw Ho said this could be suitable for a 600-room hotel. “:As the track for the F1 race is nearby, a hotel on the site will not only cater to the convention participants in the nearby Suntec Convention Centre, but it can also provide more choices :for :F1 fans,” he said:.

 

Source: Today Newspaper

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