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AXA Tower - Wikipedia
Coordinates: 1°16′33″N 103°50′50″E / 1.2758°N 103.8472°E / 1.2758; 103.8472
From Wikipedia, the free encyclopedia

AXA Tower
AXA Tower in 2018
Map
Interactive map of the AXA Tower area
Former namesSingapore Treasury Building
Temasek Tower
Alternative names8 Shenton Way
General information
StatusDemolished
TypeCommercial
Location8 Shenton Way, Singapore 068811, Singapore
Coordinates1°16′33″N 103°50′50″E / 1.2758°N 103.8472°E / 1.2758; 103.8472
Named forAXA
Construction started1982; 44 years ago (1982)
Completed1986; 40 years ago (1986)
Closed2022; 4 years ago (2022)
Demolished2023; 3 years ago (2023)
OwnerMGP Raffle Pte Ltd
Height
Roof234.7 m (770 ft)
Technical details
Floor count52
Lifts/elevators22
Design and construction
ArchitectsThe Stubbins Associates
Architects 61
Architects Team 3
DeveloperSingapore Ministry of Finance
Main contractorMGP Raffle Pte Ltd
References
[1][2][3]

AXA Tower, also known as 8 Shenton Way and formerly The Treasury and Temasek Tower, was the 16th-tallest skyscraper in Singapore, standing at 234.7 m (770 ft). It held the distinction of being the tallest cylindrical building in the world. In 2023, it became the tallest building ever to be voluntarily demolished to make way for the construction of Skywaters Residences.

History

Built in 1986 for the Ministry of Finance of Singapore as the Treasury Building, the 52-storey tower quickly became one of the most prominent buildings in the city’s business district. It was later home to the Asia Pacific Headquarters of the advertising agency BBDO Worldwide, while the 14th floor housed the Embassy of Belgium. When the Ministry moved to The Treasury on High Street, the building was transferred to Temasek Holdings, a government-owned corporation, and renamed Temasek Tower. It was later acquired by CapitaLand, which sold it in April 2007 to MGP Raffle Pte Ltd,[4] after which it was renamed AXA Tower. On 6 May 2020, Alibaba Group agreed to acquire a 50 per cent stake in the property, valuing it at S$1.68 billion.[5][6]

In early May 2022, AXA Tower closed to the public and all tenants relocated in preparation for its demolition.

Subsequent use of the site

Main article: Skywaters Residences

On 7 July, the Urban Redevelopment Authority (URA) approved redevelopment plans submitted by a consortium involving Alibaba, Perennial Holdings and local partners. The proposal outlined a new 63-storey mixed-use skyscraper rising to 1,001 feet (305 metres), making it the tallest building ever approved in Singapore and the first supertall. The future development, named Skywaters Residences, will feature office, residential and hotel components, along with retail areas and an observation level, and is expected to be completed by 2028.[7][8][9] The developers appointed Skidmore, Owings & Merrill, the firm responsible for the design of the Burj Khalifa in Dubai, to lead the architecture for the new tower.[10]

The structure consisted of steel beams cantilevered from a cylindrical concrete core, allowing full 360° views at the perimeter, unobstructed by perimeter columns. The tower housed sixteen double deck elevators supplied by Otis.

AXA Tower in September 2022, after it was closed to the public and preparations for demolition had begun.

See also

References

  1. ^ "Emporis building ID 106391". Emporis. Archived from the original on 4 March 2016.
  2. ^ "AXA Tower". SkyscraperPage.
  3. ^ AXA Tower at Structurae
  4. ^ "Completion of the divestment of Temasek Tower" (PDF). CapitaLand. Archived from the original (PDF) on 3 October 2011. Retrieved 12 November 2009.
  5. ^ "Alibaba to buy 50% stake in AXA Tower". CNA. 7 May 2020. Archived from the original on 18 January 2021. Retrieved 25 March 2021.
  6. ^ "Perennial-SPH consortium to sell half-stake in AXA Tower to Alibaba". The Straits Times. 6 May 2020. Archived from the original on 21 August 2022. Retrieved 21 August 2022.
  7. ^ Rashiwala, Kalpana (3 August 2022). "Alibaba, Perennial-led group to build Singapore's tallest building, at 305 metres". The Business Times. Archived from the original on 3 August 2022. Retrieved 21 August 2022.
  8. ^ Burgos, Jonathan (4 August 2022). "Alibaba, Singapore Tycoons Win Approval To Build Lion City's Tallest Skyscraper". Forbes. Archived from the original on 2 April 2023. Retrieved 21 August 2022.
  9. ^ Andres, Gabrielle (5 August 2022). "Singapore's tallest skyscraper to be built by Alibaba and local partners". CNA. Archived from the original on 19 August 2022. Retrieved 21 August 2022.
  10. ^ Lim, Joyce (19 August 2022). "US firm behind Burj Khalifa to work with local architects to design Singapore's tallest building". The Straits Times. Archived from the original on 23 August 2022. Retrieved 24 August 2022.
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