Victor Li says plot ratio is just above the government figure Shortlisted West Kowloon contender Dynamic Star International yesterday said its planned development density for the cultural hub was only fractionally higher than the government's original plan. Cheung Kong (Holdings) vice-chairman Victor Li Tzar-kuoi said the plot ratio for the consortium's scheme was 1.861, compared with the government's 1.81. It was the first time the joint venture, which also includes Sun Hung Kai Properties, had given a plot ratio, the formula that calculates residential and commercial floor area against the site's total area. The figure was well below previous estimates for the Dynamic Star proposal of 3.28, and those of rival bidders. Mr Li said the only development under the canopy would be a hotel, representing a plot ratio of 0.232. Outside the canopy, high-rise blocks and serviced apartments would account for a 1.629 plot ratio. 'The total plot ratio is only 1.861,' Mr Li said, adding that the figure for neighbouring areas ranged from 10 for residential sites to 15 for commercial sites. 'We have offered 50 per cent more area for arts and culture facilities than the government demanded. We have offered 30 hectares for an outdoor open square and green belt.' He said the consortium was still open-minded about changing the plot ratio and was willing to 'be a good listener' to public opinion. Secretary for Housing, Planning and Lands Michael Suen Ming-yeung said last week that property developments on the 40-hectare site should be kept to a low level. Sunny Development has proposed a plot ratio of 4.3 and bid rival World City Cultural Park 2.5. Mr Li also announced a partnership with the newly formed Xiqu Development Centre, chaired by veteran performer Liza Wong Ming-chuen, to promote Chinese Opera. He said two theatres, one with 1,000 seats and another with 400 seats, would be built. Meanwhile the Pompidou Centre has insisted it enjoys 'a long-standing friendly relationship' with the US-based Guggenheim Foundation, despite reports of souring ties over the West Kowloon project. 'The Centre Pompidou is fully committed to the West Kowloon scheme and to the joint venture Dynamic Star, which the Guggenheim is also a part,' Bruno Racine, chairman of the Paris-based institute, said. 'We are ready to explore all options to ensure that the project is a great success and that the people of Hong Kong secure a cultural hub of which they can be very proud.' The two have been thrown together by the joint venture after earlier forming separate partnerships. Mr Racine said that the 'friendly relationship' with the Guggenheim was illustrated by their joint initiatives.