AWC Commences First Piling for “The Ritz-Carlton Bangkok, The Riverside,” Preserving and Transforming The Lhong 1919 Riverside Heritage Destination and Song Wat into a World-Class Destination

Bangkok, Thailand, June 10, 2025 -- Asset World Corp Public Company Limited (AWC), Thailand’s leading integrated lifestyle real estate group, in partnership with Marriott International, has started construction with the first piling ceremony for “The Ritz-Carlton Bangkok, The Riverside,” which will preserve and reimagine the iconic The Lhong 1919 Riverside Heritage Destination and the neighboring Song Wat area. Held beside the revered Mazu Shrine, the first piling ceremony also includes a traditional blessing ceremony to honor the Goddess Mazu, bringing auspicious beginnings to the community and honoring the site’s spiritual heritage. Set to open in 2028, this special project aims to inspire all global travelers with the world-class luxury hospitality featuring curated culinary experiences and cultural discovery together with innovative wellness experience. The project reflects AWC’s commitment to enhancing the long-term value of strategic assets through heritage preservation and the creation of iconic destinations, while reinforcing Bangkok’s position as a global leader in sustainable tourism.

• The Ritz-Carlton Bangkok, The Riverside begins construction at The Lhong 1919 Riverside Heritage Destination and Song Wat, blending ultra-luxury hospitality and an integrated wellness model, together with heritage conservation along the Chao Phraya River.
• A traditional blessing at the sacred Mazu Shrine, located within The Lhong 1919 Riverside Heritage Destination and embraced by the local community, marked the ceremony—honoring cultural heritage and symbolizing a respectful beginning rooted in history, community, and shared hope for the future.
• Inspired by the Yin-Yang philosophy, the development spans both riverbanks, integrating 19th-century Thai-Chinese architecture with a new 20-story modern complex, enhanced by river journey experience —targeting completion in 2028.
  
  

Mrs. Wallapa Traisorat, Chief Executive Officer and President of Asset World Corp Public Company Limited (AWC), stated, “We are very excited to collaborate with Marriott International to bring The Ritz-Carlton, a world-renowned ultra-luxury brand to this culturally rich destination. The commencement of the first piling for The Ritz-Carlton Bangkok, The Riverside marks a significant milestone of our partnership—reflecting our shared passion in creating unique experience as well as embrace in history and cultural value of this special heritage destination. The initiative aims to offer a transformative integrated wellness experience that redefines urban wellness retreats, positioning Bangkok as a world-class resort destination in the heart of the city and support sustainable tourism. This landmark development not only preserves the Thai-Chinese heritage of The Lhong 1919 Riverside Heritage Destination and the sacred Mazu Shrine, but also aligns with Thailand’s vision to strengthen its tourism sector by creating destinations that attract quality international visitors.”

“At Marriott International, we believe luxury hospitality lies in honoring heritage while embracing innovation. Our partnership with AWC on The Ritz-Carlton Bangkok, The Riverside is a shining example of this philosophy,” said Mr. Brad Edman, Market Vice President, Marriott International – Thailand, Cambodia and Myanmar. “The property is perfectly situated at the historic The Lhong 1919 Riverside Heritage Destination, which is set to become Thailand’s premier destination for wellness and culture. This project stands as a beacon of sustainable tourism—where cultural conservation, community engagement, and international standards of excellence come together to create a unique experience for discerning travelers from around the world.”

The Lhong 1919 Riverside Heritage Destination was formerly a steamship port and trade hub that played a vital role in Bangkok’s maritime trade history. The site stands as one of the last remaining examples of Chinese craftsmanship in Southeast Asia and has been designated a national heritage site. Today, it remains a spiritual sanctuary—home to the revered Mazu Shrine, where generations of devotees continue to gather in faith and reverence.

Driven by a deep respect for cultural heritage, AWC is committed to preserving the historical integrity of “Huǒ Chuán Láng,” (The Lhong 1919 Riverside Heritage Destination) a historic steamship port that represented the glory of Siam’s maritime commerce during the 19-20th centuries. The restoration is led by Associate Professor Dr. Peeraya Boonprasong, a leading expert in architectural conservation from Silpakorn University, in close collaboration with the Fine Arts Department, and A49 Limited, and specialist design firms Adaptive Design & Doc Co., Ltd. The project follows international best practices in heritage preservation, with a focus on authenticity, structural integrity, and cultural value. Low-vibration construction techniques are in place to protect nearby structures and communities, while traditional craftsmanship and indigenous materials will be used to restore the integrity of this unique architecture, and to ensure that the beauty and cultural legacy of Huǒ Chuán Láng are well-preserved.

Inspired by the philosophy of Yin and Yang—balancing calming energy with revitalizing spirit—The Ritz-Carlton Bangkok, The Riverside is envisioned as a harmonious sanctuary where wellness, heritage, and spirituality converge across both banks of the Chao Phraya River. The development blends 19th-century architecture with a new integrated wellness complex. A 20-storey main tower will house luxury guest rooms, a panoramic rooftop restaurant, a grand ballroom and additional dining venues. Two restored buildings will offer additional guest rooms, a restaurant, and an expansive wellness center, bringing the total to 168 keys. Across the river, the Song Wat Shophouse is also designed to immerse guests experience in the rich cultural tapestry of the Thai-Chinese riverside community, bringing the total number of guest rooms to 192 keys. The project is designed in line with Green Building principles and is targeting certification—reflecting AWC’s commitment to environmental sustainability and responsible development.

“This milestone reflects our ongoing dedication to Building Better Future for All. The piling marks more than the start of construction – it’s a commitment to protect our cultural heritage and create enduring value. Through thoughtful conservation, inclusive community partnerships, and comprehensive sustainability standards, The Ritz-Carlton Bangkok, The Riverside will stand as a global model for how heritage, well-being, and progress can flourish together – strengthening Thailand’s position as a world-class, global sustainable tourism leader,” Mrs. Wallapa concluded.

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