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Old April 7th, 2011, 08:55 AM   #41
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Old April 16th, 2011, 05:31 PM   #42
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Quote:
Originally Posted by lkiller123 View Post
Sorry for the Chinese - here's my rough translation of the title and first paragraph.

Taikoo Place redevelopment project approved

2011-03-05

Yesterday, the Town Planning Board approved Swire Properties to reconstruct three buildings — Somerset House, Cornwall House and Warwick House — within Taikoo Place into two commercial buildings. The latest proposal stated that one buildings will have 51 stories and 225m tall while the other will have 46 stories and 195m tall. In the proposal, Swire stated that Somerset House will be demolished first for the construction of the 51-story building.

nice, it's about damn time this project keeps moving forward. i only wish the second tower would be in the 200m+ range too!
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Old April 16th, 2011, 11:40 PM   #43
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Yeah, it is kind of sad to see that Hong Kong is staying behind in terms of the skyscrapers...
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Old March 6th, 2014, 06:36 PM   #44
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Swire Properties to Redevelop TaiKoo Place

Source: http://www.construction-post.com/swi...-taikoo-place/



Two New Buildings. Two Million Square Feet.

Swire Properties Limited has made an agreement with the Government of the Hong Kong Special Administrative Region to acquire its interest in Cornwall House in TaiKoo Place, Hong Kong.
The agreement covers exchanging ten floors of Grade A office space in Cityplaza Three (approximately 205,000 square feet of gross floor area) for the eight floors (approximately 187,000 square feet of gross floor area) in Cornwall House that are owned and occupied by the HKSAR Government.



(Danny Chung)

The HKSAR Government will receive HK$537million, plus an additional amount that reflects any potential appreciation in office values between the date of the agreement and the date of construction completion of the second phase of the TaiKoo Place redevelopment.
Swire Properties will also fund relocation costs and expenses for the existing HKSAR Government departments to vacate Cornwall House, including the fit out of the 10 floors of Cityplaza Three, in a transaction that is expected to be completed by 30 December 2016.

This is an important transaction which will allow Swire Properties to proceed with our further transformation of TaiKoo Place through the redevelopment of three existing industrial buildings into two Grade A office towers, said Martin Cubbon, Chief Executive of Swire Properties.

“The two new buildings will provide about two million square feet of leading edge Grade A office space of the scale and quality that will enhance Hong Kong’s status as a regional and international financial and business hub.”

The first phase of the approved redevelopment plan involves redeveloping Somerset House into a 51-storey office building while the second phase involves redeveloping Cornwall House and Warwick House into a single 46-storey office tower. The first new office building is expected to be ready by 2018.

The redevelopment will also provide a new landscaped square of approximately 69,000 square feet, approximately the same size as Statue Square in Central.
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Old December 29th, 2014, 04:01 PM   #45
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Construction update: The demolition of the Somerset House is nearly complete. So the construction of the Somerset House redevelopment is likely to start in mid or late 2015.

Last edited by Genslou; December 30th, 2014 at 01:27 PM.
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Old December 29th, 2014, 04:41 PM   #46
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Old December 29th, 2014, 07:17 PM   #47
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They are demolishing an entire skyscraper? Built in 1988??
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Old December 30th, 2014, 09:11 AM   #48
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Quote:
Originally Posted by ThatOneGuy View Post
They are demolishing an entire skyscraper? Built in 1988??
Yep. I even have the photo of it. But I couldn't copy it since I'm using my phone. But as of now, the demolition is nearly complete.
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Old January 12th, 2015, 09:22 AM   #49
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DELETE THIS POST! COULDN'T BE ABLE TO UPLOAD THOSE PICTURES. NOT SPAMMING BTW.

Last edited by Genslou; January 12th, 2015 at 09:47 AM. Reason: Couldn't be able to upload those pictures, so pls. delete this post as I've edited it.
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Old May 5th, 2015, 04:34 PM   #50
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Somerset House Demolition
7/12/2014

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Old July 6th, 2016, 03:55 PM   #51
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$15b Taikoo booster
6 July 2016
The Standard Excerpt

Renderings : http://www.swireproperties.com/en/Me.../20160705.aspx

Swire Properties took another step yesterday to expanding its commercial endeavors in the east of Hong Kong Island by unveiling plans to splash out HK$15 billion to redevelop Taikoo Place.

The plan is to transform the Quarry Bay office cluster into a major business and commercial hub.

"The redevelopment will not only elevate Taikoo Place's status as a world- class commercial hub but also provide an attractive alternative to Central," said Don Taylor, who directs office business at Swire Properties.

"Taikoo Place is already home to a significant number of multinational corporations, and with our ongoing investments we aspire to build an open and vibrant mixed-use community that will reshape the office landscape."

The project will see the two new office towers, each with gross floor areas of 1 million square feet, replacing three existing blocks.

The first tower, the 48-story One Taikoo Place, is expected to be completed in 2018 and the 42-story Two Taikoo Place in 2021.

Swire Properties, which is pointing to the project as one of its most important investments in the opening decades of the 21st century, has been working up to the Taikoo Place redevelopment for some years.

A major advance came in March 2014 when Swire Properties sealed a property swap deal with the government that allowed it to take an even firmer grip in Quarry Bay.

That saw Swire Properties exchange the entire 10th floor of Cityplaza Three -- a gross floor area of 205,000 square feet -- plus HK$537 million in cash for eight government-owned stories of Quarry Bay's Cornwall House plus first-floor space, delivering a floor area of 187,000 sq ft.

Martin Cubbon, who was chief executive of Swire Properties then, revealed in 2014 that the swap deal was an important transaction in allowing Swire Properties to turn three industrial-style buildings into two grade A office buildings.

He was referring to Cornwall, Somerset and Warwick Houses.

The two new towers will be linked by air-conditioned walkways with eight existing office towers in Taikoo Place, and the complex will be surrounded by landscaped gardens, water cascades and dining areas.
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Old December 10th, 2016, 05:16 AM   #52
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South China Morning Post Excerpt
Planners reject Swire Properties’ proposed enhancements to its Taikoo Place redevelopment
December 9, 2016

Swire Properties’ proposed enhancements to its HK$15 billion Taikoo Place redevelopment in Quarry Bay was rejected by Hong Kong’s Town Planning Board (TPB) on Friday.

In its application to the TPB, the developer introduced changes to the original approved plan from 2011, which comprises two Grade-A office towers, One Taikoo Place and Two Taikoo Place, with a total gross floor area of two million square feet plus a 69,000 square foot open space.

Swire Properties said it was “disappointed by the TPB’s decision not to approve its application, given the overwhelming public support the proposal received - 1,384 supportive comments were made by stakeholders from different sectors during the public consultation process.”

The proposed changes included increasing the building height of Two Taikoo Place by 17 metres to 212 metres.

Swire had also planned to turn 115,000 square feet of pre-approved office space at Two Taikoo Place (and several other buildings) into an area for food and beverage, retail, wellness and recreational facilities and to accommodate an upgraded, permanent home for ArtisTree, a multi-functional arts space .

ArtisTree is currently located at Cornwall House, one of the three industrial buildings set to be redeveloped into the One and Two Taikoo Place office towers. The other two were Somerset House, and Warwick House.

“The TPB’s decision means that workers, residents and visitors in the area will not have a chance to benefit from the proposed enhancements, including an upgraded venue for ArtisTree and additional communal facilities such as F&B, retail, wellness and recreational amenities, which we believe will bring significant gains to the community,” said Swire.

The plan, if approved, would have almost doubled the non-office space component of the development to 6 per cent from 3.2 per cent of the 3.57 million sq ft Comprehensive Development Area (CDA) zone of Taikoo Place. The CDA zone also includes part of Dorset House and Lincoln House.

The proposed scheme had also included minor increases to the office floor-to-ceiling heights in order to meet the increasing demand for high quality, grade-A office accommodation in the interests of maintaining Hong Kong’s competitive position in the region, Swire said in a statement.

Although the enhancement scheme has been rejected, Swire said it remained committed to developing Taikoo Place, in line with the original approved scheme in 2011, as a world-class commercial hub.

More : http://www.scmp.com/property/hong-ko...hancements-its
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Old May 18th, 2017, 12:02 PM   #53
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I believe this project is now U/C? Found these photos on Gaoloumi:


Taikoo Place 1 by Gaoloumi user ww2321677


Taikoo Place 2 by Gaoloumi user PAFC


Taikoo Place 3 by Gaoloumi user ww2321677
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Old July 24th, 2017, 05:23 PM   #54
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Had a stroll along Kwun Tong Promenade today and took a few photos of this development from there. Apologies for the phone-quality pics.


Taikoo Place by jezze0410, on Flickr

Zooming in (once again, apologies for the quality):


Taikoo Place Zoom by jezze0410, on Flickr

Bonus pano:


Pano by jezze0410, on Flickr
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Old August 16th, 2017, 03:02 PM   #55
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From today:


Taikoo Place 20170816 by jezze0410, on Flickr
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Old August 21st, 2017, 03:05 PM   #56
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SDQH_20170816_10-20MM_SDQH0383 by LZ775, on Flickr
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Old October 22nd, 2017, 05:56 AM   #57
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DSC_7472 by Terence Wu, on Flickr
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Old November 12th, 2017, 10:58 AM   #58
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working life in HK by Fred Lam, on Flickr
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