Phnom Penh, Cambodia — Monday, the 6th of May, 2019, Kulen Property Group, a subsidiary of BIC Group, held it’s formal groundbreaking ceremony for its latest project, One Central Tower. With an initial investment of 200m USD, One Central Tower will be the starting point of a multi-phase development project that will transform the Boeung Senor area into a world-class urban destination integrating commercial offices, retail, hospitality, residential and green open spaces within the 24,000 square meter space.
Situated on the banks of the Mekong River, the landmark development will become a new lifestyle hub for the city integrating live, work, and play. One Central Tower will be comprised of four tower buildings, starting with the 38 floor luxury residential condominium and a 22 floor office building. Construction on the first phase is expected to be completed in 2022.