Return of 11 Skies project to Airport Authority will spur hub development: experts
After publishing: 1 description edited1 change
- South China Morning Postseen 3 Oct, 05:00description edited
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The Airport Authority has averted a “lose-lose situation” by terminating a nearly 50-year contract with Hong Kong developer New World Development for the 11 Skies commercial project, with most facilities set to open in 2028, according to the organisation’s directors. The authority’s executive director for finance, Julian Lee Pui-hang, said on Friday that it could no longer work with a debt-ridden partner on the ambitious development and that the authority needed to bring it forward. He said...The Airport Authority has averted a “lose-lose situation” by terminating a nearly 50-year contract with Hong Kong developer New World Development for the 11 Skies commercial project, with most facilities now set to open in 2028, the statutory body’s directors have said. Julian Lee Pui-hang, the authority’s executive director for finance, said on Friday that it could no longer work with a debt-ridden partner on the ambitious development and that the project needed to be brought forward. He...
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How it spread - 4 original reports
Fri, 2 October 2026
2 reports- South China Morning Post04:48first to report
The move by the Airport Authority to take over the 11 Skies project will catalyse the development of its aviation hub, a government adviser and a hospitality sector expert have said, calling for better access and immersive entertainment to attract visitors. Their remarks came on Friday, two days after developer New World Development (NWD) announced it would return the project to the authority next year – including an entertainment complex and three office towers – and provide cash or...
- South China Morning Post12:37edited after publishing
The Airport Authority has averted a “lose-lose situation” by terminating a nearly 50-year contract with Hong Kong developer New World Development for the 11 Skies commercial project, with most facilities now set to open in 2028, the statutory body’s directors have said. Julian Lee Pui-hang, the authority’s executive director for finance, said on Friday that it could no longer work with a debt-ridden partner on the ambitious development and that the project needed to be brought forward. He...
Sat, 3 October 2026
1 report- South China Morning Post05:59
The Airport Authority will reposition the 11 Skies commercial project after taking it over next April, with the government expecting it to become a high-end tourism landmark with minimal public investment, the transport chief has said. After developer New World Development (NWD) announced on Wednesday that it would return the 11 Skies project to the authority next April, Secretary for Transport and Logistics Mable Chan said on Saturday that the two sides had reached an agreement on commercial...
Wed, 14 October 2026
1 report- South China Morning Post00:30
The roar of plane engines and the hustle and bustle at Hong Kong International Airport’s Terminal 2 present a stark contrast to the pin-drop silence at the adjacent 11 Skies commercial complex. A South China Morning Post reporter who travelled between the two places in early October found minimal footfall at the shopping centre, with the bright and airy environment of the airport terminal replaced by dim, stuffy and boarded-up corridors, and poor air conditioning amid the simmering outdoor...