15
PODIUM OF KCR DEPOT
HANDED OVER FOR PRIVATE DEVELOPMENT
****
THE 2.7-HECTARE PODIUM ABOVE THE KOWLOON-CAN TON RAILWAY DEPOT AT HO TUNG LAU, SHA TIN, WAS TODAY (FRIDAY) HANDED OVER TO THE PRIVATE DEVELOPER WHO IS TO BUILD A LARGE HIGH QUALITY RESIDENTIAL AND COMMERCIAL COMPLEX ON THE SITE OVER-LOOK ING THE SHA TIN RACECOURSE.
IN A BRIEF CEREMONY, THE DIRECTOR OF NEW TERRITORIES DEVELOPMENT, MR JOHN DON, OFFICIALLY HANDED OVER THE PODIUM TO MR LI KA-SHING, CHAIRMAN OF YEE PANG REALTY LTD, A JOINT VENTURE BETWEEN CHEUNG KONG (HOLDINGS) LTD. AND KIU KWONG INVESTMENT LTD.
MR DON SAID THAT THE GOVERNMENT HAD BUILT THE PODIUM DECK TO ALLOW THE DEVELOPMENT OF A PRIVATE RESIDENTIAL AND COMMERCIAL CENTRE FOR ABOUT 3 000 PEOPLE.
HE ADDED THAT THE PODIUM TOOK ABOUT 27 MONTHS TO BUILD. THE WORK INCLUDED THE CONSTRUCTION OF A SECTION OF AN ELEVATED ROAD TO GIVE ACCESS TO THE SITE FROM LOK LAM ROAD ON THE EASTERN SIDE OF THE KCR DEPOT.
MR LI SAID THAT EIGHT 33-STOREY APARTMENT BLOCKS AND A FIVE- STOREY COMMERCIAL COMPLEX, TOPPED BY A 12-STOREY RESIDENTIAL BUILDING WITH SUFFICIENT COVERED CAR PARKING SPACES, WOULD BE ERECTED ON THE SITE.
THE EIGHT TOWER BLOCKS WILL INCLUDE 528 FLATS WITH AN AVERAGE GROSS AREA OF 224 SQUARE METRES PER FLAT. THE 12-STOREY RESIDENTIAL BLOCK ABOVE THE COMMERCIAL COMPLEX WILL HAVE 48 DUPLEX UNITS OF ABOUT 188 SQUARE METRES EACH.
THE DEVELOPMENT WILL BE LANDSCAPED AND HAVE COMMUNITY FACILITIES, INCLUDING A SWIMMING POOL, TWO TENNIS COURTS, A BOWLING ALLEY, HEALTH CLUB, EXERCISE ROOM, YOUTH CENTRE AND CLINIC.
KWUN TONG TRAFFIC ARRANGEMENTS
***
SPECIAL ARRANGEMENTS WILL BE INTRODUCED IN KWUN TONG FROM SUNDAY (MAY 23) FOR ABOUT TEN CONSECUTIVE MORNINGS BETWEEN 1 AM AND 5 AM FOR ROAD WORKS.
NORTHBOUND VEHICLES FROM LAI YIP STREET WILL ONLY BE ALLOWED TO TURN LEFT ONTO KWUN TONG ROAD WESTBOUND.
RIGHT TURN MOVEMENTS FROM KWUN TONG ROAD INTO LAI YIP STREET WILL BE BANNED.
SOUTHBOUND VEHICLES FROM ELEGANCE ROAD WILL BE PROHIBITED FROM ENTERING LAI YIP STREET.
HOWEVER, EASTBOUND AND WESTBOUND TRAFFIC ON KWUN TONG ROAD WILL REMAIN UNCHANGED.
‚'16