Central Pattana unveils $3.5B expansion plan to build new Bangkok CBD

It aims to position Bangkok as a global commercial hub.

Real estate developer Central Pattana Plc. has announced a $3.5b (120-billion-baht) investment over five years to develop a new central business district (CBD) in Bangkok and expand mixed-use projects nationwide. The plan aims to drive economic growth and position Bangkok as a global commercial hub.

A key project is The Central, a new CBD in northern Bangkok set to launch in Q4 2026 on Phaholyothin Road. The 49-rai development will feature 460,000 sqm of retail space, complementing Central Ladprao as a commercial district.

In August, the company will also open Central Park, a major shopping destination in Dusit Central Park, alongside Central Park Offices, offering premium workspaces with Lumpini Park views.

Beyond Bangkok, the company is rolling out five large-scale mixed-use developments in 2025-2026. These include Central Northville, Nonthaburi’s largest mixed-use project; Central Khonkaen Campus, near key education and healthcare hubs; Central Chiangmai Airport, a 130-rai development with a convention hall, tourism hub, multi-generation space, and the North’s first Go Wholesale; Central Phuket, a 3-billion-baht luxury zone; and Central Krabi, opening in October 2025.

The company’s retail centers continue to attract 80% of international brands entering Thailand and 50 flagship stores, many ranking amongst the top in sales. Its The 1 Biz CRM program has tripled sales for participating brands.

By the end of 2025, it will oversee 135 projects, including 30 mixed-use developments across 44 locations. It has invested over 5 billion baht in community projects and is targeting Net Zero by 2050.