(Sing Tao Daily reported) from the airport, has been left empty after the removal of the Kai Tak development sites, a formal three-year implementation phase of the development of a total of twelve years, the total cost of more than 100 billion yuan. The first phase of four years, mainly at government facilities, public housing and the first berth of the cruise terminal; and private commercial and residential land, the earliest in the year 2013 into the application list, while sitting on the Kai Tak Seaview runway in low-density residential projects, expected to be completed after twelve years. The expected start of this year's "first project" could create 1500 jobs.
Kai Tak Development planning blueprint adopted by the Executive Council last year, the current site sorting and cleaning, Civil Engineering and Development Department has also undertaken a number of engineering feasibility study. According to the Council yesterday, the latest development timetable, covering over 320 hectares of the Kai Tak Development Area, the development plan be divided into three stages, respectively by year 2013, 2016 and 2021 as the target completion year.
Cruise terminal and the first school building
Cost of 15 billion dollar in the first phase of works will start this year, including the construction of the runway before the first cruise terminal berth and parks, will in the north apron construction of two primary schools, one middle school, a government 13000 Offices and public housing units and is expected to be completed year 2013.
The earliest at year 2013, allocated location in the north apron part of the land for developers to construct residential and commercial buildings. Year development project, including the construction of a second cruise terminal berth, heliport and a large tourist center.
Kai Tak Nullah in the second phase is expected to "Magic Trick", the intention is open channel landscape, the region's tourist attractions; will appear in Kowloon City and San Po Kong, the construction of two underground street to link the old Kai Tak and flow.
The construction of residential and commercial property within five years
The final stage of works will be completed year 2021, including former airport runway was built in low-density residential and Metro Park, but as a regional landmark and one of the multi-purpose stadium, is tentatively scheduled to start year 2013, completed in 2018.
Kai Tak development plan of the overall cost will be more than 100 billion yuan, the Council will in the second quarter of the Legislative Council for funding to carry out the first seven projects are expected to create 1,500 jobs. Development Bureau spokesman said that as long piling public housing sites, coupled with the early completion of the industry hope that the cruise terminal, which was shown to proceed with the project.
Industry hoping for new development
He also pointed out that to be "road, drainage, water" and other infrastructure projects are completed, so the fastest time has come to year 2013, is located in the northeast apron residential and commercial land was the first "ready" for developers construction of buildings. But he stressed that the land will actually put in the Application List, will depend on the developer's application list will desire.
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