Revitalization and reconstruction of Tsuen Wan Industrial Building

The government has restarted the industrial park activation policy, which has led some owners to apply for relaxation of density reconstruction

According to the news, the former site of the Tsuen Wan Central Yarn Factory, which was held by the Goodman Group, applied to the Town Planning Board to relax the plot ratio by about 2 times. It plans to rebuild a 21-story new industrial building with a total floor area of ​​about 570,000 square feet.

According to the information of the Town Planning Board, the part of the 1st plant of the Tsuen Wan Central Yarn Factory, which is owned by the Goodman Group, is the 8th to 14th sites of Sha Tsui Road. The application for the relaxation of the plot ratio has increased from 9.5 times to 11.4 times, which is about 20%. It is proposed to build a 21-storey new industrial building with a total floor area of ​​about 570,000 square meters, which is intended to be “non-polluting industrial development”.

Proposed 21 floors involving 570,000

According to the information, the Goodman Group purchased the No. 1 to No. 5 factories of the Central Yarn Mill in 2012 for 945 million, and subsequently purchased the adjacent industrial buildings in the area and demolished them. It is reported that the group intends to rebuild the project into two buildings. Xiamen.

The Goodman Group has a number of logistics centres in Hong Kong

According to the information, the group has won a small cold waterway logistics site in Tuen Mun for 2.75 billion yuan. It can be built with a total floor area of ​​over 850,000 square meters. The floor price is about 3227 yuan. . According to market news, the project is expected to be used for long-term rent collection, with a total investment of 5 billion yuan. In addition, the land subsidy for the A section of Section 313 and the remaining land of the 355th section of the Tsuen Wan Measure has been completed. With a total investment of more than 1.262 billion, it will be used for data center development with a total floor area of ​​more than 360,000 square meters.


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