Swire Plaza building days bridge material free billion yuan premium

(03972) was successfully approved by the Government, exempted from the contract to amend the land premium, from Admiralty Pacific Place, the construction of a footbridge, and Xia  park next to the footbridge network connection, either For the mall to increase the flow of people, but also save about $ 100 million premium.

In his Policy Address, the Chief Executive proposed the Kowloon East Pilot Scheme to waive the premiums to be reimbursed to encourage owners to build their own pedestrian bridges or tunnels in accordance with the planned pedestrian network. In addition to Kowloon East, the Government will, in light of individual circumstances, consider owners of other districts and submit applications for exemption.

In the Admiralty and Wan Chai Pacific Place, a few million square feet of office buildings and shopping malls on the floor of the Swire Properties, although there is a pedestrian bridge connecting the Golden Bell Gallery and Pacific Place, but for more convenient government headquarters and in the sea Near the property around the family, together with the MTR Admiralty Station in the future will be a super transfer station, will produce a great flow of people, it is intended to build a Pacific Park by the summer bridge next to the footbridge network bridge. Coincides with the Government’s proposal to introduce this pilot scheme.

The Government announced yesterday that the Chief Executive in Council had approved the application for the above waiver.

A spokesman for the Development Bureau said that the proposed footbridge would be able to solve the problem of the lack of ground connection so that a considerable number of people who traveled to and from work places would have the opportunity to use them, including passengers traveling by means of other modes of transport at the nearby Admiralty MTR station, and Can further optimize the existing elevated pedestrian network in the district.

As a prerequisite for obtaining a land premium exemption, the applicant is required to undertake the construction, management and maintenance duties and related expenses of the footbridge, and to provide a 24-hour free public barrier-free access in the future footbridge. Applicants are also required to deal with other matters relating to the construction of footbridges, such as design, visual assessment and technical feasibility.

The owners of Sheung Wan Building in Central have also proposed to build a flyover to connect with the Government’s new bridge bus, and to reach an agreement with the Government before the renewal of the agreement. Price, visible Swire approved this time, it is estimated that can save about $ 100 million premium.