HCMC – FLC Group has proposed developing an urban area project called Smart Eco City, which will cover nearly 1,200 hectares of land and require an estimated investment of VND80 trillion in HCMC’s outlying district of Binh Chanh, with a 99-story tower being a highlight.
FLC has worked with the authorities of Binh Chanh District on the project, which was planned to be developed in Tan Nhut and Binh Loi communes, the local media reported.
The project will be some 10 kilometers from the city’s downtown area and 15 kilometers from the Tan Son Nhat International Airport. Binh Chanh is also the gateway to the Mekong Delta.
The urban area project was designed to have five areas—ecological urban area; innovation and science-technology urban area; hospitality and entertainment urban area; service, resettlement and social housing area; and the existing residential area.
The green space at the project was expected to be over 75%.
Besides a 99-story Landmark tower, FLC will develop many high-end facilities in the project, such as a theme park, a central park, a hospitality area and a golf academy.
In addition, the project will include high-rise, low-rise and high-end apartment buildings and social houses for some 165,000-180,000 people.