MahaNakhon was created to reflected Bangkok’s optimism and ambition, and Thailand’s growing role on the world stage.
Much like the Empire State Tower and other global landmarks, MahaNakhon was conceived during a period of global economic uncertainty.
The globe experiences the subprime economic crisis. Doom and gloom envelopes the west, with Asia providing a small glimpse of hope. PACE Development owners Sorapoj & Chotipol Techakraisri start to quietly assemble a team of industry professionals and an international team, with a vision of creating a landmark property that will enable Bangkok to earn its place as a truly global city. A prime 9 rai (3.6 acre) site is identified directly adjacent to Chongnonsi Skytrain Station (BTS) on Narathiwas Road, between Silom and Sathorn Roads, and acquisition of the land begins.
Following months of conjecture, PACE reveals plans for a building called MahaNakhon, meaning “great metropolis” in Thai in May, featuring world-class brands within the property. The development will include Bangkok’s first Ritz-Carlton Residences, providing the elegance and extraordinary service of The Ritz-Carlton, together with Thailand’s first Edition Hotel. A global team including Ole Scheeren, David Collins Studio, Husband Retail, is unveiled for the first time.
Bringing together hotel-branded residences, boutique hotel, lifestyle retail and public space, the design is unveiled in July. The design showcases a 314 meter skyscraper wrapped by a three-dimensional ribbon of architectural 'pixels' circling the full height, creating a distinctive sculptural appearance.
PACE opens the MahaNakhon Pavilion, a sales gallery for The Ritz-Carlton Residences, Bangkok. Sales commence and Bangkokians get their first opportunity to own a part of history. The company reveals new anchor tenant Dean & DeLuca will open for the first time at MahaNakhon.
PACE holds the ground breaking ceremony for MahaNakhon CUBE on 20 June 2011, and commences the process for starting construction on the main tower.
Piling commences for MahaNakhon Tower. Construction continues for MahaNakhon CUBE.
PACE confirms new dining on property will include the world famous L’Atelier de Joël Robuchon and VOGUE Lounge.
Construction completed for the smaller CUBE building; tenants start moving in with the first to open in 2014. The main tower reaches the 4th floor in December.
MahaNakhon CUBE is now open, with Dean & DeLuca VOGUE Lounge and L’Atelier De Joël Robuchon.
PACE reveals MahaNakhon is now freehold, having previously been a leasehold property.
In September, The Ritz-Carlton Residences, Bangkok at MahaNakhon is awarded Best Luxury Condo Development 2014 (Bangkok) at the prestigious Thailand Property Awards. In October 2014, The Ritz-Carlton Residences, Bangkok at MahaNakhon is awarded Best Thailand Development 2014 and Best Luxury Condominium South East Asia 2014 at the SE Asia Property Awards.
The main tower starts growing quickly above ground, at the rate of approximately 2-3 storeys per month, reaching the 60th floor in December.
In 2015, MahaNakhon is further recognised at the regional Asia-Pacific Property Awards, picking up 3 major awards including Best Mixed Use, Best Residential and Best Residential Highrise. The property is recognized as a design icon, with presentations at CTBUH, The Council for Tall Buildings and Urban Habitat and leading Thai University Chulalongkorn.
On site, MahaNakhon structure tops off at 77 storeys and 314 meters in early 2015. Construction work continues throughout the year, with the façade almost completed by December.
New retail tenants open on property including acclaimed Morimoto, M Krub, Digital Ventures and Verita. The bridge link to BTS Chongnonsi is completed.
MahaNakhon receives its Operation Permit in April 2016, and is officially recognized by the Council for Tall Buildings and Urban Habitat as Thailand’s tallest tower. Transfers of The Ritz-Carlton Residences, Bangkok commences to owners.
Remaining elements of the development will fully open in 2017, including The Bangkok Edition Hotel and Observatory.