Xindi Xinghua Street West Hotel

The Town Planning Board will consider a number of planning applications today (1st). Among them, SHKP (00016) will spend a total of 5.06 billion yuan in 2017 on the west side of Xinghua Street in Changsha Bay. It is planned to build a 25-storey hotel. It offers 975 rooms with an average area of approximately 248 square feet, with a total floor area of approximately 374,300 square feet. The Planning Department considers that the scale and use of the development is in line with the planning intention of the site and does not oppose the application. It means that the application is likely to be approved by the Town Planning Board.

CITIC Pacific Real Estate, a subsidiary of CITIC Limited (00267), applied for the conversion of the commercial use from 111 to Lei Ning Road in Ap Lei Chau to a residential use to redevelop the existing industrial estate into a residential estate with 448 blocks. .

The Planning Department considers that the existing commercial and commercial use of the site is suitable. The applicant has not been able to support the conversion of the site to residential use. It is also worried that the approval of the application will result in a bad precedent.