As the new centrepiece of Alexandra Precinct, MBC exemplifies the transformation the area has undergone. With its heritage as an established business and technology hub, the Alexandra Precinct has kept in tandem with Singapore’s development and progress. The latest transformational phase for the area began in 2008 when Mapletree conceptualised and built its flagship MBC integrated business hub. The 13.5 hectares Alexandra Precinct is a commercial hub sited along the Alexandra and Telok Blangah business corridor. It comprises MBC, its phase two development (MBC II) - currently under development, as well as PSA Building (PSAB) and the adjourning Alexandra Retail Centre (ARC). Positioned as the new fringe Central Business District (CBD) hub, Alexandra Precinct further benefits from the other business and lifestyle offerings of the nearby HarbourFront Precinct. The precinct has to date attracted big multinational names as well as government agencies to base their operations here.