Pictured is an artistic impression of the proposed new IPI Building to be constructed in Second Street, Lae, in place of its iconic predecessor.
Pacific Architects Consortium (PNG) Limited is the architects and designers of the project for Nambawan Super Limited along with many other new developments in Papua New Guinea.
The building consists of a secure semi-basement car parking for all tenants plus separate off-street visitor parking.
“It is anticipated that there will be over 1, 000 square metres ground floor retail area with four floors of commercial space at 750 square metres per level of net lettable area,” said PAC associate director/senior projects manager Gary Hallard.
“The remaining top two penthouse floors contain a mixture of two and three-bedroom boutique apartments, totalling 10, that have unsurpassed views to the Huon Gulf and Salamaua.
“The entire building has been carefully designed to latest technology while being
environmentally-friendly and robust to meet the harsh and diverse climate conditions
experienced in Lae.
“The building will be a landmark building for Lae and Nambawan Super Limited.”