Tanjung Lipat will soon be home to a new Sabah Ports Authority (LPPS) headquarters as well as The Cove mixed-use development. The project will be developed on 6.28 acres of premium land with a total Gross Development Value (GDV) of RM1.013 billion.
The project is reported to be Sabah's only high-rise mixed development that uses energy-saving technology and water-saving technologies and conforms with the Green Building Index.
According to LPPS deputy chairman Hajah Aminah Haji Johan, due to the limited space in LPPS' current office at the old warehouse in Likas Bay, the new Menara LPPS will provide a more pleasant working environment for its staff.
The Cove is a residential development that aspires to bring people and nature closer together. In the buildings, the company is devoted to adopting energy-saving equipment and water-saving technologies. The tower balconies are meant to give shade to the floors below, reducing direct heat from the air conditioning system substantially.
The open-air concept of The Cove reflects the shift in lifestyle due to the Covid-19 pandemic, whereby people now prefer to be outdoors and connect with Mother Nature. Each tower at The Cove has a rooftop garden as well, where one can relax and enjoy the sea view.
Meanwhile, the Valley Cove Mall features lush greenery and a variety of trees found in the Sabah rainforests. The mall measuring 880,000 sq ft in total offers alfresco dining and speciality stores.
The development of the project will begin in two phases as soon as the final plan permission from the local authorities is obtained. The first phase comprising Menara LPPS, the retail mall, two levels of basement, and four levels of elevated carpark, totalling 3,000 parking spots, is set to complete within four years.
While the service suites, condominiums, and hotels in Phase 2 are expected to be complete in eight years.
The project is anticipated to boost the State Government's measures to strengthen economic growth through the Sabah Maju Jaya plan. During the development and operating phases of the Cove, thousands of jobs will be created and hundreds of trades will benefit in Sabah.