The Masterpiece (Hong Kong)
| Company type | Mixed-use development |
|---|---|
| Industry | Real estate, Hospitality, Retail |
| Headquarters | Tsim Sha Tsui , Hong Kong |
| Products | Residential apartments, Hotel, Shopping mall |
| Parent | New World Development, Urban Renewal Authority (URA) |
The Masterpiece is a skyscraper rising 64 floors and reaching a height of 261 metres (856 feet) located in Tsim Sha Tsui, Hong Kong. Its lower levels and basement house the six-level K11 shopping mall. The building accommodates the 381-room Hyatt Regency hotel from the 3rd to the 24th floors, which commenced operations in October 2009. From the 27th to the 67th floors, there are 345 upscale residential apartments, with penthouses occupying the uppermost stories.
This development offers direct underground pedestrian access to both Tsim Sha Tsui and East Tsim Sha Tsui MTR stations via the K11 shopping centre.
History
The Masterpiece was created through a collaboration between New World Development and the Urban Renewal Authority (URA) as part of a larger urban regeneration effort. Nonetheless, it has attracted controversy for demolishing historical structures and promoting gentrification, which critics claim displaces economically disadvantaged residents and disrupts the traditional community structure.
Hyatt Regency
The Hyatt Regency Hong Kong, Tsim Sha Tsui () is a hotel featuring 381 rooms that occupies floors 3 through 24 within the complex; it officially opened on 2 October 2009.
Its predecessor, originally known as The President Hotel on Nathan Road since 1964, was the first Hyatt establishment outside the United States. It was later renamed Hyatt Regency Hong Kong before closing in 2006 and subsequently being demolished. The site where it once stood is now home to iSQUARE, a 31-storey retail mall.
The hotel provides of conference facilities, including a ballroom and eight meeting rooms equipped with audio-visual systems and wireless internet connectivity.
Guests can choose among four dining venues: Hugo's (operating since 1969), The Chinese Restaurant, Chin Chin Bar (established in 1964), and Cafe.
K11 Art Mall
Completed in December 2009, K11 Art Mall is a six-level retail complex developed by New World Development. Promoted as an "art mall," it incorporates artistic installations throughout its shopping environment.