Lido Boulevard Project, Johor
A multi-million ringgit integrated waterfront development project, located on 49.37 ha of land stretching 2.4 km along the Tebrau Straits in Johor to be developed by Central Malaysia Properties Sdn Bhd, and comprising comprises 4 main components, viz., a) luxury condominiums, b) waterfront office suites, c) a hotel and d) a shopping mall when completed in 2016 will be touted as one of the biggest waterfront projects in Johor, rivalling the Danga Bay development. The project, Lido Boulevard, stretches from the now defunct Lot 1 shopping complex to the Harbour Master’s office complex. This flagship project, fully funded by CMP, is a joint venture between CMP and the Johor State Secretary Inc as the land belongs to the state.
Eight office blocks, 6 to 8 storeys high, a 296-room hotel-cum-serviced residences, and a 3-storey dual frontage retail mall are in the development plan. An international ice-skating rink, a 32-lane bowling alley and a 4,645 sq m Indoor Snow Park will be incorporated in the mall. Datuk Chan Tien Ghee, managing director, said land reclamation works, to begin in early 2010 along Lido Beach, would take approximately 24 months to complete. About 6.8 million cubic metres of sand sourced from Teluk Ramunia on the East coast of Johor is needed for the reclamation works. The sand will be transported by a dredger anchored at Stulang Laut near the Johor Causeway, which is then pumped to the site via a 2 km floating and sunken pipeline. To facilitate this, two culverts under the Causeway were cleaned, one will be used to transport the sand and the other to ensure the continuous flow of water through the Causeway. The continuous flow of water from Stulang Laut to Lido Beach and vice versa will improve the water quality at Lido Beach. About RM150 million has to be allocated to upgrade Jalan Sultan Abu Bakar, including widening it and building pedestrian bridges. CMP will also allocate RM46 million for landscaping to include water features like wading and splash pools as well as pocket parks along the 10m wide boardwalk.
Lido Boulevard is strategically located in Zone A of Iskandar Malaysia and is within close proximity to Johor Bahru’s Central Business District, the Customs, Immigration & Quarantine (CIQ) complex, Johor Bahru’s Train Station and Johor Bahru-Singapore Causeway. Shopping, entertainment and education are readily available within the vicinity of the development. The development blueprint is based on the theme of a Garden City with heavily landscaped garden, water features, park-like facilities and pocket gardens throughout the development.
The development of Lido Boulevard will be divided into 6 parcels of development viz.
Lido Residences (high-end condominiums).
Arts and Cultural Centre.
Shopping Mall with Snow Park.
The initial phase of development will include land reclamation works and the development of Lido Residences. Lido Residences will be constructed over a piled concrete deck. Divided into 3 sub zones - Parcel A, Parcel B and Parcel C and ranging from 18-26 levels high, Lido Residences comprises of 908 units of high end condo with modern and luxurious facilities targeted for the niche market. All tower blocks within each respective sub zones are interlinked at the podium and car park levels. Parcel A comprises 370 units in three blocks, two 24-storey blocks and one 26-storey condominium block. The condominiums sit on a 9.28 acre parcel and are targeted to be launched in Q1 2010. Parcel B comprises 168 units within two 18-storey condominium blocks that sit on a 9.33-acre parcel and is scheduled to be launched in Q3 2010. Parcel C, like Parcel A comprises 370 units and sits on a 9.28-acre parcel, and is to be be launched in Q1 2011. To be tastefully furnished with impeccable designs for a luxury lifestyle living, the condo units range in built-up area from 2,459 to 9,089 sq ft. Discerning home-buyers will be spoilt for choice with the availability of 5 unit types i.e. Type A, Type B, Type C, Type D and The Penthouse. Its spacious and modern design, spacious floor plan and interior decor boasting high quality products meant little or no renovations were required before moving in.