[SINGAPORE] Real estate developer Wing Tai Properties announced a joint venture with CSI Properties – a mixed-use development in the Hong Kong central business district set to be completed in mid-2026.
The placemaking project, named Central Crossing, is a 433,000 square foot (sq ft) development situated at the city’s cultural and lifestyle hub and connected to its key business and financial institutions, said Wing Tai Properties on Tuesday (Jul 22).
As a Grade A office development built on a heritage site, it aims to embrace the local heritage of the area, including historical features 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 luxury international hotel, 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 hotel tower, both of which 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 Properties said.
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Linked to transport hubs through a central walkway system, the development will be a quick walk from the underground Mass Transit Railway and the Airport Express service, which provides access between the city and Hong Kong International Airport.
It will be situated close to restaurants, bars and historic attractions such as Tai Kwun, PMQ and Central Market, and 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 Properties and CSI Properties won the contract to develop the site from the authority in late 2017.
Wing Tai Properties is listed on the Hong Kong Stock Exchange. It is part of the Wing Tai Asia network of companies, which includes Singapore-listed Wing Tai Holdings.
