The World Trade Center, Chennai is a 28-storeyed commercial and residential centre in Chennai, India. Located at Perungudi, it was made operational in March 2020. The centre consists of 170,000 square metres (1,800,000 sq ft) of office space. The complex also includes a conference/exhibition centre. The towers are IGBC LEED Platinum and USGBC LEED Gold certified. The centre is a member of the World Trade Centers Association (WTCA).[5] The Tower A of the WTC complex is the tallest commercial establishment in the city.[6]
History
In 2016, India's Brigade Group and Singapore's GIC, a sovereign wealth fund, jointly acquired a 6.5-hectare (16-acre) land parcel at Perungudi, purchased from Kansai Nerolac Paints for ₹5,378.6 million (equivalent to ₹7.7 billion or US$97 million in 2023). The land acquisition was facilitated by Perungudi Real Estates, a special purpose vehicle formed by Brigade Enterprises and GIC, with the help of real estate firm Jones Lang LaSalle (JLL). Construction of a world trade centre (WTC) and residential units, entailing an investment of more than ₹10 billion (equivalent to ₹14 billion or US$180 million in 2023) was planned on the land.[6][7] The foundation stone was laid on 9 June 2017. Initially expected to be operational by March 2020, the centre became functional officially in September 2021.
Features
WTC Tower 2 viewed from the northern side
The complex consists of five towers, including two office towers, a hotel tower and two residential towers (the latter three are currently under construction). Built on a 6.1-hectare (15-acre) plot and developed as a Grade A++ commercial development, all the towers have three basements. The first office tower (Tower A) has 28 floors (ground and 27 floors) above the street, the second office tower (Tower B) 20 floors (ground and 19 floors), the third (hotel) tower 8 floors, and the fourth (restaurant) and the fifth (cafeteria and utility) towers 5 floors each. The total floor space of the construction would be 230,000 square metres (2,500,000 sq ft).[8] The 28-storied Tower A has a total floor space of 0.11 million square metres (1.2 million square feet), with a typical floor area of 4,600 square metres (50,000 sq ft). Tower B has a typical floor area of 4,100 square metres (44,000 sq ft). The complex has three levels of combined basement and includes development of more than 0.17 million square metres (1.8 million square feet) of premium office space spread across two towers. Upon completion, Tower A will be the tallest commercial structure in Chennai. It consists of premium retail and hotel within the campus.[9] The complex has a frontage of 350 metres (1,150 ft) on the Old Mahabalipuram Road. Once fully operational, the WTC can house 20,000 to 25,000 employees.[6] A 298-unit high-end residential apartments will also be constructed.[6] The apartment block consists of a 27-storeyed (G+26) twin towers to be built on 2.0 hectares (5 acres) of land. Besides, there will be another tower with 80 Marriott Exclusive apartments. These towers are to be completed by October 2024.
The development will be led by the WTCA. The WTC has become an important landmark of Chennai city.[10]
The total development potential of the complex is 0.24 million square metres (2.6 million square feet).[6]
Operations
The WTC officially become functional in September 2021 with its first occupant, Kissflow Inc., a software-as-a-service (SaaS) company, moving its 350 employees into its WTC office.[11][12] In March 2022, Amazon opened its office at the WTC, occupying 18 floors across 77,000 square metres (830,000 sq ft) to accommodate 6,000 employees.[13][14]
^"World Trade Center Chennai 1". Emporis.com. Archived from the original on 3 September 2021. Retrieved 3 September 2021.
^"World Trade Center Chennai 2". Emporis.com. Archived from the original on 3 September 2021. Retrieved 3 September 2021.
^"Emporis building ID 1579906". Emporis. Archived from the original on 3 September 2021.
^"Emporis building ID 1579906". Emporis. Archived from the original on 3 September 2021.
^"World Trade Center Chennai". WTCA. World Trade Centers Association. 2016. Retrieved 8 August 2016.
^ abcdeKandavel, Sangeetha (19 October 2019). "WTC to open doors in March 2020". The Hindu. Chennai: Kasturi & Sons. p. 6. Retrieved 20 October 2019.
^"World Trade Center planned in Perungudi". The Hindu. Chennai: The Hindu. 31 March 2016. Retrieved 8 August 2016.
^Vaitheesvaran, Bharani (30 March 2016). "Brigade Group to build World Trade Centre in Chennai at cost of over Rs 1000 crore". The Economic Times. Chennai: IndiaTimes Group. Retrieved 8 August 2016.
^"Foundation Stone Laying Ceremony of WTC Chennai". WTCA. World Trade Centers Association. 2017. Retrieved 12 May 2017.
^"Next World Trade Centre in Chennai Coming Soon". DIL News. Chennai: Delhi Infratech Limited. 31 March 2016. Retrieved 8 August 2016.
^"SaaS company Kissflow Inc moves into WTC Chennai". Business Line. Chennai: Kasturi & Sons. 6 September 2021. Retrieved 9 November 2021.
^Hariharan, Sindhu (18 October 2021). "Your office wants you back: Corporate Tamil Nadu is reopening doors to employees". The Times of India. Chennai: The Times Group. Retrieved 9 November 2021.
^Hariharan, Sindhu (29 March 2022). "Amazon opens new office in Chennai, its second largest in India". The Times of India. Chennai: The Times Group. Retrieved 10 May 2022.
^"TN CM Stalin inaugurates Amazon's new office in Chennai that can support 6000 employees". The Indian Express. Chennai: Express Publications. 30 March 2022. Retrieved 10 May 2022.
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