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25 October 2001
News Stories:October Headlines

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1. Cheung Kong Changes plan

2. Cheung Kong keeps mum on emergency

1. Cheung Kong Changes plan

Hongkong Electric and its ultimate parent Cheung Kong (Holdings) want to redevelop a car-park building within the South Horizons housing estate at Ap Lei Chau into a 16-storey hotel. It is the electricity provider's second attempt to change the land use of the site. Previously it intended to change the land and its neighbouring electricity transformer centre to residential use but withdrew the plan amid pressure from residents. The new proposal is to convert the 68,029 square feet site into an 850-room hotel development. It could provide a total floor area of 635,087 sq ft with a plot ratio of 9.3 times. The Town Planning Board is expected to discuss the proposal within two months. The earlier proposal was for two 60-storey residential towers with more than 900 flats.

[Source: SCMP, 25 October 2001]

2. Cheung Kong keeps mum on emergency

Nice to see that Cheung Kong (Holdings) has got its act together and built a couple of walkways connecting its flagship Cheung Kong Center with the Citibank Plaza and Bank of China sites. Pity about the proposed garden at the rear of the 66-storey Li Ka-shing-owned skyscraper. Oh well, it has only been a couple of years since the first paying tenants moved in and hope springs eternal (unlike the non-existent trees and shrubs). Cheung Kong celebrated the opening of the sky-bridges by decorating them with enormous bill-boards advertising the company's other property developments. A source within the Lands Department told us Cheung Kong had a licence to construct and maintain the bridges. He didn't believe the licence specified that advertising hoardings were allowed. "I don't recall [Cheung Kong] seeking feedback from any department," he said. Any company wanting to erect signs overhanging a public highway has to seek permission from the Lands Department. However, in practice this rarely happened, said the source. The developer did seek a temporary licence for a lay-by on the land it owns in front of the Cheung Kong Center on Queen's Road Central. Pedestrians may have fallen over the 29 traffic cones which surround it and block the pavement. A sign designating the spot for use by "emergency services" has not stopped the cars for Mr Li and his son and heir apparent Victor Li Tzar-kuoi using it as a drop-off and collection point, according to lay-by spies. The Lands Department source believed the temporary licence for the lay-by would expire before the end of the year. Cheung Kong did not respond to inquiries.

[Source: SCMP, 25 October 2001]

 




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