Hong Kong Airport Authority to reshape 11 Skies as a high-end tourism landmark
The Airport Authority will reposition the 11 Skies commercial project after taking it over next April, with the government expecting it to become a high-end tourism landmark with minimal public investment, the transport chief has said. Speaking for the first time since developer New World Development (NWD) announced on Wednesday that it would return the 11 Skies project to the authority next…
The Airport Authority in Hong Kong plans to repurpose the 11 Skies commercial project as a high-end tourism landmark following its takeover in April, according to Secretary for Transport and Logistics Mable Chan. The government, anticipating minimal public investment, aims to transform the project into a premier destination for business and leisure activities.
The handover includes an entertainment complex and three office towers, with the debt-ridden New World Development contributing over HK$3 billion (US$382.3 million) in cash or equivalents. New World will provide the funds following significant losses. The airport authority intends to align the project with its Airport City development, creating a unique entertainment hub set to open in the 2028-29 financial year.
By integrating the project with Airport Terminal 2's opening at the end of 2027 and AsiaWorld-Expo Phase 2's completion in 2028, visitors will have access to concerts and other experiential activities, including autonomous vehicles through a "SkyCity Corridor" linking the Hong Kong-Zhuhai-Macau Bridge. The authority expects to invite expressions of interest for two future tenders: an art storage facility and a marina bay in Airport City.
The 11 Skies project, originally valued at HK$20 billion, was intended to complement the government's HK$100 billion Skytopia development surrounding Hong Kong International Airport, featuring commercial, cultural, leisure, and entertainment elements.
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