By the 1950s, the car park was converted into a bus terminus, which make it a popular place for locals due to its accessibility to the theatre.

However, under the Control of Rent Act 1953 of Singapore penal code, the Shaw Organisation had to provide compensation to its current tenants which proved a challenge to them.

The 4 adjoining buildings occupied an area of about 1.45 hectares with a total of 250 tenants, including offices and retail outlets.

Authority had finalise the eviction notice of the timing and details for the development plan of the site, three of the buildings except for Capitol Centre have been gazetted for conservation.

[11] With Grant Associates working closely with the project's lead architect, Richard Meir and Partners Architects, the project consists of Singapore's largest cinema cum theatre complex, a luxury hotel and retail shops, with a total size of 21,000 square metres (230,000 sq ft).