{"id":1004228380,"date":"2018-05-08T03:24:35","date_gmt":"2018-05-08T11:24:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004228380"},"modified":"2022-12-08T18:48:24","modified_gmt":"2022-12-09T02:48:24","slug":"new-world-plans-2-5b-mixed-use-project-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/","title":{"rendered":"New World Plans $2.5B Mixed-Use Project in Hong Kong"},"content":{"rendered":"

By Barbra Murray<\/em><\/p>\n

\"SKYCITY<\/a>

SKYCITY at Hong Kong International Airport<\/p><\/div>\n

New World Development Co. Ltd. just added a $2.5 billion project to its list of commitments, having emerged victorious in the competition to build on two sites at Skycity, the 60-acre commercial development at Hong Kong International Airport. With the contract from the Airport Authority Hong Kong in hand, New World is positioned to erect a 3.8 million-square-foot mixed-use property that will hold the distinction of being the largest entertainment destination in Hong Kong.<\/p>\n

Due to take shape on sites A2 and A3 at Skycity, New World\u2019s project will offer ample room for work and even more for play. In addition to 570,000 square feet of premier office space, the development will feature 2.1 million square feet of retail and dining space and 570,000 square feet of experience-based entertainment venues. It\u2019s a project that will be unified by a single, prominent theme: cutting-edge technology. “The Group will inject ground-breaking creative and technological elements into the project, creating a world-class entertainment and retail landmark that combines learning, exploration and adventure,”<\/em> Adrian Cheng, executive vice chairman & general manager with New World Development Co. Ltd., said in a prepared statement.<\/p>\n

The remaining space at New World\u2019s property will be dedicated to public facilities and parking accommodations.<\/p>\n

Acting through its subsidiary, Roxy Ltd., New World will wear more than one hat for its Skycity endeavor, taking on design and management duties, in addition to development responsibilities. And the company will finance the project as well. Construction activity will take place in phases and reach completion between 2023 and 2027.<\/p>\n

Mixed-use multi-tasking<\/strong><\/h2>\n

New World\u2019s securing of the contract to develop at Skycity means the real estate company will have to juggle two major mixed-use undertakings. New World is in the midst of developing Victoria Dockside, a $2.6 billion project<\/a> that will yield 3 million square feet of office, residential, lodging and leisure offerings along Hong Kong\u2019s Tsim Sha Tsui waterfront.<\/p>\n

Image courtesy of New World Development Co. Ltd.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The property will encompass 3.8 million square feet of retail, entertainment and office accommodations at Skycity, a 60-acre commercial development at Hong Kong International Airport. <\/p>\n","protected":false},"author":969,"featured_media":1004228386,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,16,21752,21742],"tags":[35888,35887],"class_list":["post-1004228380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-international","category-mixed-use","category-latest","tag-adrian-cheng","tag-new-world-development"],"acf":[],"yoast_head":"\nNew World Plans $2.5B Mixed-Use Project in Hong Kong - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New World Plans $2.5B Mixed-Use Project in Hong Kong\" \/>\n<meta property=\"og:description\" content=\"The property will encompass 3.8 million square feet of retail, entertainment and office accommodations at Skycity, a 60-acre commercial development at Hong Kong International Airport.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-08T11:24:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:48:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/New-World-Project-at-Skycity-Hong-Kong.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Barbra Murray\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/\",\"name\":\"New World Plans $2.5B Mixed-Use Project in Hong Kong - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/New-World-Project-at-Skycity-Hong-Kong.jpg\",\"datePublished\":\"2018-05-08T11:24:35+00:00\",\"dateModified\":\"2022-12-09T02:48:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/New-World-Project-at-Skycity-Hong-Kong.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/New-World-Project-at-Skycity-Hong-Kong.jpg\",\"width\":800,\"height\":620,\"caption\":\"SKYCITY at Hong Kong International Airport\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New World Plans $2.5B Mixed-Use Project in Hong Kong\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32\",\"name\":\"Barbra Murray\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g\",\"caption\":\"Barbra Murray\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/barbra-murray\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"New World Plans $2.5B Mixed-Use Project in Hong Kong - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/","og_locale":"en_US","og_type":"article","og_title":"New World Plans $2.5B Mixed-Use Project in Hong Kong","og_description":"The property will encompass 3.8 million square feet of retail, entertainment and office accommodations at Skycity, a 60-acre commercial development at Hong Kong International Airport.","og_url":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-05-08T11:24:35+00:00","article_modified_time":"2022-12-09T02:48:24+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/New-World-Project-at-Skycity-Hong-Kong.jpg","type":"image\/jpeg"}],"author":"Barbra Murray","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/","url":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/","name":"New World Plans $2.5B Mixed-Use Project in Hong Kong - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/New-World-Project-at-Skycity-Hong-Kong.jpg","datePublished":"2018-05-08T11:24:35+00:00","dateModified":"2022-12-09T02:48:24+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/New-World-Project-at-Skycity-Hong-Kong.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/New-World-Project-at-Skycity-Hong-Kong.jpg","width":800,"height":620,"caption":"SKYCITY at Hong Kong International Airport"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/new-world-plans-2-5b-mixed-use-project-in-hong-kong\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"New World Plans $2.5B Mixed-Use Project in Hong Kong"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32","name":"Barbra Murray","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9a36d5070adb56de135886aa49db0452b319180ff050dbd70770fd33a3e63774?s=96&d=mm&r=g","caption":"Barbra Murray"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/barbra-murray\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/New-World-Project-at-Skycity-Hong-Kong.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004228380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/969"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004228380"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004228380\/revisions"}],"predecessor-version":[{"id":1004228388,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004228380\/revisions\/1004228388"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004228386"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004228380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004228380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004228380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}