Why did Hong Kong’s 11 Skies fail and can the megaproject be rescued?
The roar of plane engines and the hustle and bustle at Hong Kong International Airport’s Terminal 2 present a stark contrast to the pin-drop silence at the adjacent 11 Skies commercial complex. A South China Morning Post reporter who travelled between the two places in early October found minimal footfall at the shopping centre, with the bright and airy environment of the airport terminal…
In Hong Kong's 11 Skies commercial complex, a once-mighty megaproject, once filled with 800 stores and 120 food and drink concepts, now sits dormant and under-utilized. The project's failure has left many questioning whether it can be revived or if it's beyond saving. The Airport Authority and developer New World Development recently agreed to end New World's nearly 50-year contract for the project, signaling the end of an era.
With the authority now in charge, plans are underway to tear down the existing 11 Skies logo, reconfigure the retail space into an entertainment hub, and relaunch the project under a new name and identity.
Written by urgent.news from South China Morning Post - Hong Kong's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
