The new-look Central harbourfront will boast a 60-metre-high observation wheel if a company that runs such wheels in several cities around the world has its way.
It would complement promenades, cafes and a maritime museum planned for the area.
The company and a partner will submit the proposal for a 'Hong Kong Eye' to the Harbourfront Commission today.
The Hall Organisation and Great City Attractions Global in Britain want to site the wheel on reclaimed land near piers No 9 and 10 for one to three years.
Great City Attractions Global runs similar wheels in several cities including Singapore, where its 165-metre Singapore Flyer is the world's tallest.
'The wheel will definitely become a focal point of the harbour, offering postcard photo opportunities. It will attract people to the harbourfront and can promote vibrancy both day and night,' the potential operators say in a paper to be presented to the commission.