Grand Central Plaza
| Company type | Commercial development |
|---|---|
| Industry | Retail, Office real estate |
| Founded | 1995 |
| Headquarters | Sha Tin , Hong Kong |
| Products | Office towers, retail podium (HomeSquare) |
| Owner | Sun Hung Kai Properties |
Grand Central Plaza () is a commercial development situated close to the heart of Sha Tin town centre in Hong Kong. The complex comprises two office towers, each rising 16 storeys, positioned above HomeSquare, a multi-level retail podium specializing in home decoration and furnishings. The property is owned by Sun Hung Kai Properties, which also holds ownership of the adjacent New Town Plaza. The project reached completion in 1995.
Tenants
HomeSquare, a retail podium themed around home living and designed by architect Barrie Ho, spans five floors dedicated exclusively to home furnishings. Following renovation works, it was rebranded and officially reopened on 7 November 2010.
An IKEA outlet occupies part of the upper levels of the podium. This location was the largest IKEA store in Hong Kong until the Kowloon Bay branch relocated to MegaBox.
The pair of office towers collectively offer more than of office space.
Footbridge controversy
Both Grand Central Plaza and New Town Plaza fall under the ownership of Sun Hung Kai Properties. The primary access point for most visitors to Grand Central Plaza is via a ramp from Sha Tin station, followed by a brief walk along Pai Tau Street.
In 2002, a proposal was made jointly by the government and Sun Hung Kai to construct a four-metre-wide footbridge connecting the Sha Tin station concourse with Grand Central Plaza and the Sha Tin Government Offices. Sun Hung Kai committed to funding this bridge, and the plaza’s design includes a reserved stub intended for this connection.
Residents of Pai Tau Village, located between the station and plaza, opposed the footbridge plan due to concerns about tree removal and potential negative impacts on their village’s feng shui. They also expressed dissatisfaction with the Sha Tin District Council for dismissing their suggested alternative routes.
By May 2012, citing technical difficulties and financial considerations, the government postponed building the footbridge and instead focused on enhancing pedestrian pathways along Pai Tau Street.