Intiland Invites Investors to Develop Surabaya Graha Festival

SURABAYA, KOMPAS.com – Optimistic with the recovery of the property sector in Surabaya in 2017, PT Intiland preparing a commercial development area for cooperation with investors.

The commercial area is Graha Festival along the 1.8 kilometer corridor Jl Mayjen Yono Soewoyo with a total land area of ​​10 hectares.

Until now, the area that is already developed new 2 hectares filled by Spazio Tower I, which is equipped with a retail space, and Spazio Tower II, which contain hotels and offices.

According to the Chief Operating Officer (COO) and Vice President Director of PT Intiland Sinarto Dharmawan, Graha Festival is designed as a solution for practical lifestyle.

“it is also to utilize the land and maximize space urban meets the principles of density, diversity, and proximity, “said Sinarto to Kompas.com, Thursday (8/1/2/2016).

Sinarto added, density or density involves maximizing existing space. Urban development should be based on the use of space is maximized, but the land use is minimal.

“In this case, the construction should be upwards or vertically. Both residential, office, and commercial space,” added Sinarto.

While the diversity associated with diversity. In this case, the urban development should be able to accommodate the diverse interests of the community, ranging from social, economic, cultural, ethnic group, religion, profession, class, and lainsebagainya.

The next factor is the proximity or closeness. It is also important because it has the potential to unravel the traffic density, and also became one of the solutions to avoid congestion.

Three things, said Sinarto, can be realized in property development concept multifunction or mixed use.

“Mixed use is the future of the property, and the future of urban solid, jammed and chaotic like Jakarta and Bandung,” said Sinarto.

integrated development allows residents to move, in an area effectively, and efficiently. They do not need to use the vehicle only to eat, drink or shop daily necessities.

And Graha Festival was created for it. Sinarto admits, to build a multifunctional area it would cost tens of trillions of rupiah. A mixed-use project could cost about Rp 1 trillion, excluding the price of land.

“For the rest of the 8 hectares, meaning the potential for the development of multifunctional approximately 6 to 8 projects again. It takes about 8 trillion to Rp 10 trillion the development period of ten to fifteen years, “added Sinarto.

Therefore, he said, opens the opportunity for investors to join. Can investors or hotel management network, or companies that want to open a branch office.

Later, Graha Festival will be like any other commercial belt in the cities of the world. If modeled Jakarta, may be as Jl Prof Dr Satrio.

properti.kompas.com

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