British architecture and design firm Benoy is increasing its already considerable presence in Asia with a new luxury mixed-use development in the ultra high-growth market of Mongolia, according to its website,
The Olympic Residence is a high-rise, multi-use development located centrally in the city, situated close to the prestigious embassy district and the tranquil central park area. The developer is Asia Pacific Investment Partners. The project, due for completion next year, will build on Benoy’s growing reputation for innovation, which has seen it pick up awards for Elements in Hong Kong, the Shanghai IFC Mall, Hysan Place in Hong Kong, ION Orchard Singapore, Westfield London and Ferrari World Abu Dhabi.
Ulaanbaatar is recognised as the cultural, financial and industrial heart of Mongolia, currently one of the fastest growing economies in Asia. The scheme will set a new design standard for contemporary living in Mongolia – upon completion the development is positioned to be the most luxurious property in the country, combining office, retail, restaurant and residential aspects.
Benoy – with design studios in Hong Kong, Shanghai, Beijing, Kuala Lumpur, Singapore, Abu Dhabi, Mumbai, Newark and London – has been appointed as the interior designers for the entrance lobby, a collection of high-end residential apartments and the exclusive resident’s private leisure club house featuring a private landscaped garden terrace embracing the stunning views of Bogd Khan Mountain.
Simon Blore, Benoy’s managing director said: “The Olympic Residence is yet another milestone for Benoy in Asia, marking our first project in Mongolia. The creation of this stunning mixed-use development further demonstrates the innovative force behind Benoy’s successful expansion across central Asia.”