LettersIconic Hong Kong theatre and Singapore’s Golden Mile: mixing business sense with heritage
- May the conservation of State Theatre, a historic landmark in North Point, be the start of a new socially responsible business approach to Hong Kong heritage

Given that the North Point site set was acquired at what was a record sale for a compulsory auction, it was reasonable to expect that the developer would maximise investment returns by filling up the lot with new high-rises. But not this time.
By placing conservation at the heart of the redevelopment project, rather than as a weak afterthought, the developer is making a statement that this is not business as usual.
Besides bringing back to life a historic landmark – the iconic arch-beam roof of State Theatre is a design feature which, once seen, is hard to forget – the commitment to conservation is corporate social responsibility in action. It should also hugely raise the company’s brand value. The progressive move by the Harvard-educated Cheng has highlighted the business case for heritage.

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Hong Kong’s iconic State Theatre to be preserved under multibillion-dollar redevelopment plan