Thai developer Thaniya Group plans to invest more than THB1 billion (US$33 million) on renovating Thaniya Plaza, its first major makeover project in 30 years. 

The project will cover the refurbishment of its exterior and interior design as well as the transformation of Thaniya Road, the company said in a statement. 

Located in the heart of the tourist precinct of Silom, Thaniya Plaza is a major drawcard for golfers, especially visitors from Japan and South Korea. 

“Thaniya Plaza will further strengthen our position as the well-known landmark on Silom Road and fulfil needs of people in the Silom area,” said Tasnawat Sombuntham, MD of Thaniya Group. “We are confident that we can cater to a need for business operators in terms of the customer traffic and the prime location in Bangkok’s CBD. We have also improved our space-rental services to align with today’s business landscape.”

Thaniya Group chose a design concept emphasising modern and green, based on public feedback suggesting there was a need for more green spaces in the Silom area. The 12,000sqm retail space spans four floors in two buildings connected by bridges. The landscape on the ground floor will be transformed to increase more green area and create a link between the two buildings.

The first phase of the renovation will start in April with the work expected to be completed by early next year. During the renovation, the mall will continue to trade.