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Taikoo Place

From Alfawiki
Taikoo Place
Company typeCommercial complex
IndustryReal estate, property management
Founded1980s (redevelopment began)
Headquarters
Quarry Bay, Hong Kong Island
,
Hong Kong
Area served
Hong Kong
OwnerSwire Properties

Taikoo Place () is a commercial complex situated in Quarry Bay, on the eastern side of Hong Kong Island. It features premium grade A office towers, parking facilities, private clubs, office residences, landscaped parks, and retail outlets. Managed by Swire Properties, the site has transitioned from its industrial beginnings linked to the Taikoo Sugar Refinery and Taikoo Dockyard through redevelopment of former manufacturing grounds.

Timeline

Beginning in the 1980s, Taikoo Place evolved into a vibrant urban business district, incorporating amenities such as the Butterfield's private members club that appeal to a younger professional demographic. The area has attracted a variety of advertising and technology companies. Notably, the PCCW Tower serves as the headquarters for PCCW, a prominent telecommunications provider in Hong Kong. Additionally, IBM and JWT maintain their local offices within the first 15 floors of the complex. Interestingly, many IT firms now favor Taikoo Place over Cyberport, an area specifically designed for tech enterprises.

Initially characterized by residential and industrial use, the vicinity around Taikoo Place has experienced extensive redevelopment and gentrification. Addressing urban expansion demands, Swire Properties developed serviced apartments located north of Devon House, which were completed in 2015.

Current Buildings

Gammon Construction has played a significant role as a principal contractor in the development projects within Taikoo Place.

One Island East

Situated at 18 Westlands Road in Quarry Bay, Hong Kong, One Island East is a premium grade-A office skyscraper comprising 69 floors. Finished in 2008, this tower accommodates a broad spectrum of tenants from sectors such as finance, insurance, accounting, real estate, trade, shipping, and retail.

Tenants

Devon House

Devon House is a grade-A office building completed in 1993, located at 979 King's Road, within the Quarry Bay district of Hong Kong. This structure comprises 29 floors and offers roughly 15,000 square meters of rentable area. Developed by Swire Properties and designed by the architectural firm Wong & Ouyang, it is equipped with sixteen passenger elevators and three freight lifts. The building hosts key tenants such as Kinmen Building, Philip Morris Asia Group Limited, China Airlines Hong Kong, Jardine Matheson, Dairy Farm International, CITIC Bank International, and Mitsubishi Tokyo Financial Group (MUFG Bank).

Tenant layout highlights:

As part of Swire Properties' Taikoo Place portfolio, Devon House plays a vital role in supporting multinational corporations within finance, retailing, and aviation industries.

Dorset House

Constructed in 1994 and situated at 979 King's Road, Quarry Bay, Dorset House is a commercial office property offering approximately 610,000 square feet (about 57,000 m²) spread over its thirty-four floors. The building features ceiling heights around 2.7 meters and was developed by Swire Properties with design by Wong & Ouyang. Among its amenities is Butterfield's—a private members’ club operated by the Peninsula Group—which provides fine dining options, private event venues, meeting and banquet facilities as well as fitness services.

The building hosts an array of tenants spanning luxury brands, market research firms, real estate agencies, and telecommunications companies:

Floor Tenant
6 ISS A/S
9 Balenciaga Asia Pacific Limited; Leigh & Orange Ltd.
10 The Nielsen Company Limited (Hong Kong)
14 *Precision engineering
*Fendi Asia Pacific Limited
14, 23 Royal Canin Hong Kong Limited
16 *LVMH Asia Pacific Limited
*Guardian Asia Pacific Limited
17 Jones Lang LaSalle Limited
19 Moët Hennessy Hong Kong Limited
20, 22 Louis Vuitton Pacific Limited
22 Berluti Asia Pacific
23 Wrigley Asia Pacific Limited; Mars Foods Incorporate Hong Kong Limited
27 Office of Wong & Ouyang Architects
31 Gravitas Ventures
31, 35-36 McDonald's Hong Kong outlets
34 Christian Dior Far East Limited
38 British Telecom


Cambridge House

Cambridge House, previously known as Po Yuan House, is a 36-level office tower situated at 979 King's Road, in the Quarry Bay district of Hong Kong. Prominent occupants include Guerlain, TBWA, and Campbell Soup.

Lincoln House

Lincoln House, constructed in 1998 and formerly housing the South China Morning Post, is a 36-storey commercial building located at 979 King's Road, Quarry Bay, Hong Kong. Notable tenants include Wyeth Nutrition, The Coca-Cola Company, Lenovo, Benoy, and Gucci. Each floor provides roughly of space with a ceiling height of 2.6 meters.

Floor Occupants
3, 15 ANZ HK
5 Benoy Architects
9 Raffles Medical Group; Heineken HK (Rooms 903-05)
10 Fujitsu HK
17 BNP Paribas Asset Management
20 CITIC Telecom
22-23 Lenovo HK

PCCW Tower

Completed in 1994, PCCW Tower is a 36-storey office building at 979 King's Road, Quarry Bay, Hong Kong. Developed by Swire Properties with design by Wong & Ouyang, it offers around of office area. Key occupants include BNP Paribas, IBM, WPP, and PCCW.

Floor Occupants
6, 32, 40 CSL Mobile Limited
9 Lockton Companies Hong Kong
10, 17 IBM China
14, 32-34 PCCW Global Limited
17-18 HKT Limited Consumer Group
20, 22 BNP Paribas
23, 27-29 HKT Limited
36 *Maxus *Hill & Knowlton Asia Pacific Limited
36-37 MediaCom
36, 38 J. Walter Thompson Company Limited

Oxford House (1999)

Oxford House, formerly known as the Toppan Building, is a grade-A commercial tower located at 979 King's Road in Quarry Bay, Hong Kong. This 36-storey structure provides approximately 47,000 m² of office space with floor-to-ceiling heights measuring about 2.57 meters. Developed by Swire Properties and designed by Wong & Ouyang, major tenants include Oxford University Press, Turner Broadcasting, Bulgari, Dell, Interpublic Group, JCDecaux, KPMG, LVMH, and QBE Insurance.

Floor Occupants
3 Quality Healthcare Asia Pacific Regional (Bupa)
4 Dimension Data China/HK Limited
6 Golin (Interpublic Group)
14 Bayer Healthcare
17 EMC Computer Systems (FE) Ltd; Baxter Healthcare
24 LVMH Watch & Jewelry HK Limited
25 Bulgari Asia Pacific
27 Baxter International; LG Hong Kong
15, 20, 28 KPMG (28/F Professional Training Center)
30 MetLife Asia Pacific Ltd; Aspern Asia
37 TIME Magazine


Taikoo Place Apartments (2015)

Situated at 23 Tong Chong Street, Taikoo Place Apartments launched in mid-2015 as part of Swire Properties' residential offerings. This 30-storey tower comprises 111 serviced units across four categories: studios (~480 sq ft), one-bedroom (~650 sq ft), two-bedroom (~1,220 sq ft), and penthouses measuring either 1,220 or 1,610 sq ft. The project was designed by Wong & Ouyang and constructed by Gammon Construction, complementing the Taikoo Place commercial precinct. The ground level houses the bar Mr. and Ms. Fox.

Westlands Centre

Berkshire House

Previously known as Daxingxing Commercial Center and Car Service Center (1998), this 25-storey Grade A office tower provides approximately 381,000 sq ft (35,400 sq m) of premium office space.

One Taikoo Place

Completed in September 2018, One Taikoo Place represents the initial phase of two new Grade-A office towers within the Taikoo Place revitalization. This 48-storey building offers 41 floors of triple Grade-A office space, averaging around 21,000 sq ft per floor, with a total gross floor area of one million sq ft. Designed by Wong & Ouyang (HK) Ltd, it features expansive curtain wall windows measuring three metres in width, which enhance natural illumination and offer sweeping views of Victoria Harbour. Constructed to meet leading sustainability benchmarks by Arup, it holds Pre-certified Platinum LEED BD+C: Core and Shell Version 2009 and Provisional Platinum BEAM Plus New Buildings Version 1.2 ratings. Furthermore, it is Hong Kong’s pioneering AI- and data-driven structure, utilizing the Arup Neuron Digital Platform to optimize building operations.

Warwick House (1979) (demolition)

The Kang and Mansion alongside the domain building on site 2B are undergoing redevelopment into a 42-storey commercial tower named Taikoo Square Two Taikoo Place. This project includes a 69,000 sq ft landscaped garden square and totals approximately 983,000 sq ft, with completion anticipated in 2021.

  • Cornwall House (1984) (demolition): Previously accommodated the multi-purpose art space ArtisTree on its ground floor.

Somerset House (1988)

This building was demolished to facilitate construction of a new 48-storey Grade A office tower called One Taikoo Place, featuring roughly 1.02 million sq ft of gross floor area; ownership transfer occurred in 2018.

Future Buildings

Swire Properties intends to invest HKD15 billion into redeveloping Taikoo Park (Via Fiori), along with Phase 1 (completed in 2018) and Phase 2 (scheduled for 2021) of Taikoo Place. The design will be led by acclaimed architects including Gustafson Porter, Wong & Ouyang (HK) Ltd., and Hugh Sutton Associates, who will also develop a new elevated pedestrian walkway system.

Recreation, Parks, and Energy-Saving Initiatives

Adjacent to Taikoo Park and Quarry Bay Park, Taikoo Place plans to introduce an additional 69,000 square feet of landscaped garden areas. Energy efficiency is enhanced through technologies such as biodiesel tri-generation and adsorption chillers that improve electricity use and cooling performance, reducing energy consumption within buildings by up to 2% and lowering the overall carbon footprint of the complex. Rooftop planting initiatives also divert approximately 75% of demolition waste from landfills.

Events and Exhibitions

Cornwall House provides a spacious 10,000 square feet dedicated to corporate events addressing themes such as Gender equality and GPS navigation software. Since its inception in 2016, the "blueprint Labs" initiative has been instrumental in nurturing startups and driving innovation within the premises.

Paintings and Sculptures

External partnerships and memberships actively encourage designers to present their artistic creations. Close to 300 external participants, including organizations like the Hong Kong Blind Union and the Hong Kong Youth Arts Foundation, engage in consultation sessions aimed at boosting interaction and involvement.

Leisure and Entertainment

Adjacent to Taikoo Place is Cityplaza, a premium shopping center that boasts amenities such as an ice skating rink, a cinema complex, and the luxury five-star EAST Hotel. The development embraces a "Live Happy" lifestyle philosophy.

Transportation

Commuting is streamlined through the Mass Transit Railway, serving the workforce efficiently. Designated drop-off points are located at One Island East, Devon House, Oxford House, and Tong Chong Street. Road access via the Island Eastern Corridor and Eastern Harbour Crossing connects Taikoo Place with East Kowloon, Central Hong Kong, and Hong Kong International Airport. During busy periods, public transportation options include MTR, trams, buses, and minibuses.

See also

External links