36 As regards the proposed Kornhill Development: this presents an opportunity to integrate the new transport infrastructure with a large scale residential development for those on middle class incomes (including possibly an HOS element). Massive site formation works, including the realignment of King's Road would be involved. Although the railway structures and the associated surface transport facilities would be an integral part of such development, albeit constituting only a very small proportion of it, the development could not be proceeded with after the transport infrastructure had been completed. It is proposed that the MTRC should be responsible for developing the area, possibly in conjunction with the owner of several relatively small lots within the area which would otherwise have to be resumed. Negotiations, without prejudice, are currently in hand with a view to determining how the land grant aspects could best be handled.
37
:
For the record, Members should note that a number of the sites at Annex C (e.g. Marine Department Building and Southern Playground) are, at present, occupied by Government and other buildings and are zoned for Government, Institutional and Community use. Eventually all the sites would be redeveloped but, as some of the development proposals involved in constructing the Island Line would conflict with statutory town plans, a submission under section 16 of the Town Planning Ordinance would have to be made to the Town Planning Board for permission to proceed with them.
38
Works areas would be rented to the MTRC according to the principles agreed by Members when they discussed memorandum XCC(78)8 on 31st January 1978.
(8) TAC's Advice
39
The TAC's views on this matter have been sought and it has advised that the Island Line of the MTR will certainly be needed by the late 1980s. But it considered that:
(a) the capacity of the buses in the Corridor could be greater
than the boardings indicated in Table 1, some Members considering that it might be as high as 1.8 million boardings a day; and
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(b) the capacity of the trams could be increased by the
introduction of additional rolling stock to about 0.9 million boardings a day.club prino'.
As to point (a) above, the TAC also considered that the existing rolling stock was so old that it might be incapable of carrying as many passengers as indicated in Table 1 and it advised that formal discussions should take place
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CONFIDENTIAL # 2