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 Hong Kong Airport Authority plans to reposition the 11 Skies commercial project to become a high-end tourism landmark, with the government expecting minimal public investment. Airport Authority Secretary for Transport and Logistics Mable Chan announced the agreement reached with developer New World Development, who will provide over HK$3 billion in cash or equivalents for the project.
The repositioning will align the 11 Skies project with the Airport City development blueprint, aiming to create a unique entertainment hub and core landmark for high-end aviation, luxury retail, arts, culture, tourism, and water sports.
Brief written by urgent.news from South China Morning Post - Hong Kong's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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