AWC Plans Bangkok Water Park to Lift Asia The Riverfront
AWC intends to build a large water park in central Bangkok, leveraging the popularity of Jurassic World: The Experience Bangkok and partnering with Dreamworks, while also adding wellness facilities on a 100‑rai site. The move is part of a revised 100‑billion‑baht five‑year plan that includes 11 Chao Phraya riverfront landmarks and supports the upcoming AWR real‑estate trust. Initial investment for the water park and related assets is limited to 51.388 billion baht.
AWC also revealed that it has revised its five‑year investment plan, increasing the total budget to 100 billion baht and shifting the start date to 2027 to develop world‑class landmarks in Bangkok, Pattaya and other key tourism destinations. The plan highlights 11 riverfront landmark projects along the Chao Phraya River, including upgrades to Asia The Riverfront and a proposed cross‑river cable car. The revisions are intended to align with the upcoming AWC Lifestyle Property Real Estate Investment Trust (AWR), which filed its registration statement with the Securities and Exchange Commission on September 29, 2026 and is awaiting approval, with an expected launch in 2027. The initial trust portfolio comprises five assets valued at no more than 51.388 billion baht, led by The Empire—a 58‑story mixed‑use tower in Bangkok’s Sathorn district that offers 158,021 square metres of net leasable space, hosts over 200 quality tenants and enjoys a 99 % lease renewal rate. The Empire features the EA food and wellness destination, a large rooftop venue, the EA Wellness Club and Thailand’s first co‑living space, The Empire Residence, which provides free facilities for more than 25,000 people daily. The building holds international certifications including LEED Gold, WELL Core Platinum and Fitwel 2 Star.
