What:  a new retail project is expected to change retail in Bangkok thanks to its dimensions.

Why it is important: Bangkok is extremely innovative in terms of retail concepts so any new opening should be carefully watched.

One Bangkok, a US$3.9 billion mixed-use development, is poised to transform Bangkok’s retail environment significantly. Situated in the Silom-Sathorn consular district, often dubbed "the Wall Street of Bangkok," this project is the first major initiative in fulfilling the city administration's vision to create a new retail and business hub. The area is known for its embassies and upscale condominiums, and until now, residents traveled to Sukhumvit Road for shopping. The development is set to open its first two retail spaces out of four by the end of this year, offering 190,000 square meters of lettable space across about 900 tenancies ranging from luxury Maisons to everyday retail outlets.

Developed by Fraser Properties and TCC Assets, owned by Thai tycoon Charoen Sirivadhanabhakdi, One Bangkok anticipates daily foot traffic between 200,000 and 250,000, comparable to established megamalls like Siam Paragon and CentralWorld. The complete project, expected to finish by 2027, will feature five premium-grade office towers, five luxury hotels, three residential towers, and the tallest building in Thailand at 437 meters.

This development promises to anchor a new upscale retail corridor along Rama IV Road, with a commitment to sustainable urban growth. Approximately 50% of the One Bangkok site will be dedicated to green spaces, underscoring its aim for net zero carbon emissions by 2050. The retail component will include Parade and The Storeys shopping precincts, designed to attract both international brands and local enterprises, with amenities that cater to the high-net-worth individuals and expatriates expected to frequent the area.

One Bangkok Mall is expected to change the face of Thailand’s capital city