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Wing Tai unveils Hong Kong CBD mixed-use development joint venture with CSI Properties

Wing Tai unveils Hong Kong CBD mixed-use development joint venture with CSI Properties

By Kim Browne

Culture

The project will feature a dual tower structure, comprising a 28-storey office tower with some 10,600 sq ft of gross floor area and a luxury international hotel tower

Real estate developer Wing Tai announced its joint venture with Hong Kong-listed CSI Properties, a mixed-use development in the Hong Kong central business district set to be complete in mid-2026.

Named Central Crossing, the 433,000-square feet (sq ft) development will be situated at the city’s cultural and lifestyle hub and connected to its key business and financial institutions, said Wing Tai said on Tuesday (Jul 22).

As a Grade A office development built on a heritage site, it aims to embrace the local heritage and historical features of the area that date back to 1880, while providing a new addition to the city’s urban landscape, said the property developer.

Located at 118 Wellington Street in the Central district of Hong Kong, it will integrate Grade A offices, a bespoke lifestyle hub, green open spaces and heritage preservation features.

The project will feature a dual tower structure, comprising a 28-storey office tower with some 10,600 sq ft of gross floor area and a luxury international hotel tower. Both towers will be positioned to align with the city’s historic urban grid.

Commercial spaces will be located at the bases of the towers alongside a four-storey water wall that defines the main entrance of the hotel, Wing Tai said.

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The development will be linked to transport hubs through a central walkway system and situated close to restaurants, bars and historic attractions such as Tai Kwun, PMQ and Central Market.

It will also feature new pedestrian routes that allow people to cross the site at multiple levels and access the surrounding streets.

Designed by architecture firm Foster + Partners, Central Crossing is a project under Hong Kong’s Urban Renewal Authority.

Wing Tai and CSI Properties won the contract to develop the site from the authority in late 2017.

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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.

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