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MARC
NOTES OF A MEETING WITH THE HANG LUNG DEVELOPMENT COMPANY LIMITED
THE BRITISH TRADE COMMISSION ON 25 MAY 1981
Present:
Mr John Stanley MP Mr Hugh Ellis-Rees
2.
Mr Robin Young
Mr Bob Aldred
Mr Anthony Hill
Mr Leslie Sallabank Mr David Waterstone
Mr Peter Thomson
Mr Jim Morrison
Mr Thomas T Chen
Mr S S Yin
Minister for Housing & Construction Under-Secretary, Department of
the Environment
Private Secretary
Joint Managing Director,
Taylor Woodrow
Joint Managing Director,
Higgs & Hill
Director, George Wimpey Chairman, Redpath Dorman Long
Acting Senior British Trade
Commissioner British Trade Commissioner
Managing Director, Hang Lung Development Company Limited Executive Director, Hang Lung Development Company Limited
The meeting was arranged at the request of the Minister to enable
the members of his delegation concerned with building to talk about
the Hang Lung-led consortium's agreements with the Mass Transit
Railway Corporation (MTRC) for the development of 7 property sites
along the new Island Line, 6 of them above new station concourses.
Mr Chen identified Hang Lung's involvement in the modified
initial system of the MTR as the residential and commercial
Telford Gardens complex at Kowloon Bay and the Argyle Centre
office block at Nathan Road above Argyle Station. The agreements
newly negotiated with the MTRC were for property development along
the Island Line. These would be for commercial, not residential,
purposes, and would provide some 4 million square feet of offices
and shops. The first site to be developed, near Cotton Tree Drive
but not associated with a station, was on only 15,000 square feet.
Piling was due to begin immediately and the first stage, to the
12th/.
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