Sun Hung Kai plans office and retail space in West KowloonBusiness | 9 Oct 2020 5:47 pm
Sun Hung Kai Properties (0016) plans to build grade A offices and retail infrastructure in West Kowloon.
It will have 100,000-square-foot open green spaces.
According to Sun Hung Kai, it will not lead to a significant increase in the flow of people and traffic.
SHKP bought the commercial site on top of Hong Kong West Kowloon Station – an area of 632,000 sq ft – in November last year for HK$42.23 billion.
SHKP emphasized that the total plot ratio of the new design remained unchanged and the total floor area has not increased.
SHKP said it proposed a reduction of the number of buildings, from the original three to two, which helps increase the public space and green facilities.
The total number of parking spaces remains unchanged.
Sun Hung Kai said the new project plan is based on a design concept that connects the community, creates space and access to the waterfront.