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Old 13-05-2023, 05:52 AM
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Quote:
Originally Posted by BlueDragon193 View Post
RCA Entertainment Venue in Bangkok May Disappear Due to Expired Lease Contract.

The RCA entertainment venue in Bangkok, a popular nightlife destination for locals and tourists alike, is facing an uncertain future as its lease contract

with the State Railway of Thailand (SRT) is soon to expire.

The 62-rai land in Bangkok’s Huai Khwang district on which the venue is located is currently leased to Narai Ruampipat Company for 30 years.

However, the lease expired in October 2022 and the SRT has only offered a temporary one-year lease extension while it evaluates bids for a new lease.

RCA, formally known as the Royal City Avenue, is a stretch of road located between Rama IX Road and Phetchaburi Road that is lined with bars, nightclubs, and restaurants.

It has been a popular nightlife destination for decades, attracting both locals and tourists with its vibrant atmosphere and lively entertainment options.

According to SRT Director, Nirut Maneepan, SRT reportedly plans to reclaim the land and merge it into one plot to develop a new project that is in line with the changing landscape of the area.

“The land will be put up for auction once the lease extension ends. Then, it will be merged into one plot to increase the rental value,” he told Thai media.

RCA has been an important landmark for Bangkok’s nightlife scene, and its potential disappearance will very likely be felt by many people, including foreign tourists.
Not exactly news....