\nOffice space in Jakarta has a new shining light
\nJakarta. Andreas Hie\/Shutterstock
\nBy Todd Lauchlan
\nThe launch of Capital Place in early summer is a sign of good things to come for Jakarta.
\nIt not only sets a new standard for office space in the city, but it also expands the direction of development in the Indonesian capital. Its location in the Gatot Subroto neighborhood of Jakarta expands the city\u2019s Golden Triangle and is effectively extending the central business district to the south.
\nThe project has become the flagship holding for the building\u2019s landlord, Singapore\u2019s sovereign wealth fund GIC. GIC acquired the project in 2013 from the developer, Greenland Rajawali Utama, part of the Rajawali Group. The building has already lured flagship tenants such as British American Tobacco (BAT) and an infrastructure fund sent up jointly by the Indonesian government and the World Bank. A prominent local law firm is also in the process of moving in.
\nBAT has taken an entire floor, which offers 90,819 sqm of premium Grade A office space in 45 leasable floors. The building is highly efficient in its floorplates, and ideal for large occupiers. The ceilings give it an airy feel, at a height of at least 2.8 meters. There\u2019s also a Four Seasons hotel within the project (opened since June 24) and a retail podium.
\nWhile the building is groundbreaking in its approach to green design and its stunning architecture, it is also a bargain when compared with comparable real estate in the Sentral Senayan office project or the Stock Exchange building. Early movers are able to secure space at a significant discount to similar space in the heart of the CBD.
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\nIts environmentally friendly features include daylight and motion sensors for the interior lighting, such as in the bathrooms and stairwells. The double-glazed fa\u00e7ade keeps the strong Southeast Asian sun at bay, and is 20% more efficient than the baseline required in Singapore. Likewise, all fittings meet the \u201cvery good\u201d specifications of Singapore\u2019s Public Utilities Board. Water gets recycled for irrigation and cooling.
\nThe design comes from Cesar Pelli\u2019s firm Pelli Clarke Pelli Architects, which also landmarks such as Hong Kong\u2019s International Finance Centre and Kuala Lumpur\u2019s Petronas Towers. Pelli sees Capital Place as one of the most \u201cvibrant and delightful developments\u201d in the Indonesian capital. He was looking to create what he calls the \u201cintensity of life.\u201d
\nOne interesting feature that I have yet to see emulated in Jakarta is the innovate concierge desk. Rather than just a reception, this desk can offer assistance with theater tickets, dry cleaning, taxi bookings, tourist information and flights.
\nEarly adopters such as BAT are able to ink contracts on space that gives them exclusive access to a balcony that\u2019s ideal for entertaining clients and for company events. That\u2019s because the building tapers as it gets higher, with lower floors offering floor plates of 2,500 sqm. The middle floors are 2,100 sqm and the premium space at the top has a floorplate of 1,800 sqm. There are also 1,350 car-park spaces in the complex, allowing companies to reserve their spots.<\/p>\n