A group of professionals concerned about the future of one of Hong Kong's oldest districts has launched a scheme to beautify rundown areas of Wan Chai in the hope of attracting small start-up businesses.
They believe the facelift can turn the dilapidated parts of Wan Chai into a low-cost commercial zone, similar to the Silicon Alley in New York which has lured start-up firms with cheaper rents.
The group is using a $2-million grant to transform an unsightly and virtually unused public square in Tai Wong Street East. The new park will also be used for civic activities to highlight the special features of Wan Chai, aimed at attracting people from other parts of Hong Kong and tourists.
The park will feature modern sculptures and benches, flower beds and trees.
The latest move came after a vacant block in Luen Fat Street, also in Wan Chai, was turned into a park by the volunteer group in July.
The group, set up in 2000 by about 20 residents, architects, urban planners and social workers, aims to improve the living environment of Wan Chai.
Group member and architect Christopher Law Kin-chung, director of the Oval partnership, an architectural firm, said the idea was to attract those who had plans to start a career but could not afford an office in more expensive districts.
