JCube

JCube

JCube, from Jurong East MRT station.
Location	Jurong East, Singapore
Coordinates	1°19′59.95″N103°44′23.91″E / 1.3333194°N 103.7399750°E / 1.3333194; 103.7399750
Address	2 Jurong East Central 1, Singapore 609731
Opening date	2 April 2012;12 years ago (2012-04-02)
Closing date	7 August 2023;9 months ago (2023-08-07)
Management	CapitaMalls Asia
Owner	CapitaMall Trust
No. of stores and services	154
Total retail floor area	210,000 square feet (20,000 m2)
No. of floors	6
Parking	340
Public transit access	NS1  EW24  Jurong East

JCube was a shopping centre located in Jurong East, Singapore that operated from 2 April 2012 to 6 August 2023. It used to house an Olympic-size ice rink and Singapore's first IMAX theatre in the suburbs. It was built on the former site of the Jurong Entertainment Centre.

JCube was owned by CapitaLand Integrated Commercial Trust before it was acquired by CapitaLand Development in 1Q 2022. During JCube's operations, the mall was managed by CapitaLand Retail Management (a wholly owned subsidiary of CapitaLand Investment).

History

Prior to its construction, Jurong Entertainment Centre, a shopping centre, was located on its current site. It was closed for redevelopment in October 2008 and was expected to be completed by 2011. However, due to the financial crisis of 2007–2010 and high construction costs, the redevelopment programme was delayed. The building was completely demolished in February 2010.

On 21 May 2010, CapitaMall Trust held a groundbreaking ceremony for its new mall on the site of the former Jurong Entertainment Centre. ^[1] The 204,000 square feet (19,000 m²) new mall, named JCube, comprised five levels of retail, two basement levels of car park and a rooftop landscaped plaza.

The name, JCube was decided on after a naming competition held in 2010. J represented the mall’s location in Jurong, while Cube represented what JCube was designed to look like - an ice cube. It was co-designed by RSP Architects and Benoy. ^[2]

In 2012, CapitaLand and Singapore Sports Council jointly opened a non-profit Olympic-size ice skating rink, The Rink. ^{[3] [4]}

JCube opened and welcomed shoppers on 2 April 2012 ^[5] and was managed by CapitaMalls Asia. ^[6]

Due to the opening of Jem and Westgate and declining number of shoppers, ^[7] J.Avenue, located on Level 2 of JCube, was launched on 6 September 2014. J.Avenue was mainly targeted at the young, and to keep them returning, retail concepts would be constantly updated throughout the year. There were trick art installations so that people could take selfies with interesting backgrounds. Since their target audience, the young, were more tech-savvy, J.Avenue also launched an online portal, featuring some merchandise available at the stores in J.Avenue. ^[8]

On 24 January 2022, CapitaLand Development (CLD), the development arm of CapitaLand Group, announced that it had entered into a sale and purchase agreement to acquire JCube from CapitaLand Integrated Commercial Trust. ^{[9] [10]}

JCube closed on 6 August 2023. ^[11]

Green initiatives

In 2011, JCube was awarded the Green Mark Platinum award by the Building and Construction Authority in Singapore. It was estimated that the mall saved 7,793,984 kWh/year in energy and 3,419m3/year in water. ^{[12] [ non-primary source needed ]}

Redevelopment

On 7 February 2023, CapitaLand Development announced that it would be redeveloping the JCube site into a 40-storey residential development with commercial space on the first and second storeys. Targeted for completion in 2027, the new development, J’Den, ^[13] will complement the Government’s plans to bring new homes – alongside new businesses, recreational facilities and amenities – to the Jurong Lake District (JLD). J’Den will be directly connected to the Jurong East MRT interchange station, Westgate and IMM Building via J-Walk, the covered elevated pedestrian network in JLD. ^[14]

References

1. JCube – A Brand New Retail Landmark in Singapore’s Jurong Lake District Archived 6 March 2012 at the Wayback Machine
2. "JCube – A Brand New Retail Landmark in Singapore's Jurong Lake District" (PDF). Archived (PDF) from the original on 5 March 2012. Retrieved 7 April 2015.
3. "CapitaLand opens Singapore's only Olympic-size ice skating rink". sg.news.yahoo.com. Archived from the original on 7 February 2023. Retrieved 7 February 2023.
4. "The Rink". Time Out Singapore. Archived from the original on 7 February 2023. Retrieved 7 February 2023.
5. "JCUBE mall in Jurong to open in April 2". AsiaOne. Archived from the original on 4 March 2016. Retrieved 13 December 2017.
6. "About CapitaStar - CapitaStar". www.capitastar.com.sg. Archived from the original on 13 April 2015. Retrieved 7 April 2015.
7. Yap, Jacky (8 September 2014). "J Cube S'pore Launches Hipster J.Avenue, Equipped With Cool New Digital Innovations!". Archived from the original on 13 April 2015. Retrieved 7 April 2015.
8. "Discover - CapitaLand". www.capitamallsasia.com. Archived from the original on 19 April 2015. Retrieved 7 April 2015.
9. Lim, Paige (25 January 2022). "CICT to divest JCube for S$340m". Business Times . Retrieved 7 August 2023.
10. "CapitaLand acquires JCube for $340m". Singapore Business Review. 25 January 2022. Retrieved 7 August 2023.
11. Kwek, Kimberly (6 August 2023). "Sombre mood among winter sports community as the JCube rink shuts down". The Straits Times. ISSN   0585-3923 . Retrieved 7 August 2023.
12. "CapitaLand Mall Trust :: Investor Relations". capitamall.listedcompany.com. Archived from the original on 10 December 2012. Retrieved 7 April 2015.
13. "J'den Condo is a mixed-use development project located at the former JCube shopping center in Singapore's Jurong area". Jden. 7 February 2023. Retrieved 7 August 2023.
14. Koh, Sarah (7 February 2023). "JCube mall to close down on Aug 6 to make way for 40-storey residential development". The Straits Times. ISSN   0585-3923 . Retrieved 7 August 2023.