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Results 1 - 10 of 431 for redevelopment

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  1. Urban Renewal Authority begins $917m Wan Chai redevelopment

    Posted Jan 13th 2004, 12:00am by Chloe Lai

    ... Chloe Lai The revamped Urban Renewal Authority yesterday began demolition work on its first redevelopment project yesterday. The $917 million scheme, at the junction of Johnston Road ... to allow it to form a partnership with private developers to carry out the redevelopment. Regenerating Johnston Road was one of the first three projects the authority launched in March 2002- after ...

  2. A truer picture of redevelopment needed

    Posted Apr 21st 2004, 12:00am by Staff Reporter

    ... of the building. Otherwise, it could be compensated with a site elsewhere in Wan Chai, where the authority has targeted several land resumption and redevelopment projects. The broader issue concerns the piecemeal fashion with which redevelopment in Wan Chai is being pursued. As a longtime commercial and residential hub in the city, the district is home to important temples, pre-war architecture ...

  3. CRE sticks with godown redevelopment

    Posted Aug 21st 2004, 12:00am by Denise Tsang

    ... Denise Tsang Red chip China Resources Enterprise intends to submit a revised hotel redevelopment plan to the government after its original proposal was thrown out last week, according to executive director Francis Kwong Man-him. The State Council-controlled conglomerate is determined to pursue the plan, which involves redeveloping its Sha Tin Cold Storage and Pak Sik Godown in Fo ...

  4. Urban redevelopment in Tianjin drives home sales

    Posted Nov 10th 2004, 12:00am by Staff Reporter

    ... Ernest Kong in Tianjin 'It's like a city recovering from an aerial bombardment' is how Tianjin residents jokingly describe their city's rapid urban redevelopment, which has lifted residential demand significantly. While official figures showed the area under redevelopment last year was four million square metres, property consultant DTZ Debenham Tie Leung ...

  5. Chinatown up in arms over redevelopment

    Posted Dec 21st 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan in London London's Chinese community is battling the proposed redevelopment of a key building in Chinatown, with many fearing it will drive out long-standing businesses and harm the neighbourhood's cultural identity. Tenants of the Newport Sandringham building have been told by landlord Rosewheel they will have to move out in March, when the majority ...

  6. Ties that bind street of doom

    Posted May 04th 2004, 12:00am by Chloe Lai

    ... Chloe Lai A web of yellow ribbon linking Wedding Card Street flats is fluttering above residents and shop owners in a tribute to their beloved alley before a redevelopment project replaces ... be breaking down because of the Urban Renewal Authority's redevelopment project. Everything will be history soon,' she said. 'We want to see the community preserved.' The authority ...

  7. Developers bow to pressure on project

    Posted Mar 23rd 2004, 12:00am by Peggy Sito

    ... Peggy Sito Developers planning to tear down the Hunghom Peninsula housing estate for redevelopment have softened their stance on paying more land premium for the property. The change came ... Henry Cheng Kar-shun said: 'If the redevelopment proposal involved a change in the land lease, it was possible that [we] needed to pay [an extra] land premium.' Hunghom Peninsula ...

  8. End 'uncivilised' evictions of homeowners, Beijing demands

    Posted Jun 16th 2004, 12:00am by Josephine Ma

    ... Josephine Ma in Beijing Scope of redevelopment to be reduced this year to dispel rising social tensions Local authorities have been ordered to cut down on redevelopments this year and stop ... rising tension between homeowners, developers and the government. For the first time, it said local governments must ensure the scale of redevelopment this year is 'obviously less' than ...

  9. Profits vital factor in Hunghom decision

    Posted Dec 07th 2004, 12:00am by Denise Tsang, Gary Cheung

    ... yesterday that being able to earn bigger profits was a crucial factor in the decision to demolish the seven new housing blocks. Henry Cheng Kar-shun, chairman of NWS Holdings, said redeveloping ... with the government, the property price [in the district] was just $4,000 per square foot. It didn't make sense at that time to decide to demolish the estate for redevelopment,' he said after ...

  10. Urban renewal needs flexible approach

    Posted Feb 23rd 2004, 12:00am by Staff Reporter

    ... to find ways to make redevelopment feasible. A change would also raise difficult issues, without question. The current compensation policies are based on the idea that tenants are bought out and the redeveloped units sold to new buyers through government-backed joint ventures with developers. The URA has experience in at least one renovation project, where the cost of residents' materials ...




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