Word: kowloon
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...Then there was the West Kowloon Cultural District, a $5 billion greenfield project to build a residential, commercial and cultural complex on 40 hectares of prime harborfront owned by the government. In a city where land is worth its width in gold, the scheme, launched by Tung, ran into legislative gridlock amid concerns of a sweetheart deal for the developer that would be chosen. Critics also questioned the government's wisdom-and expertise-in creating a costly arts hub without first gauging the level of public interest in it. Today, West Kowloon, possibly some of the most valuable real estate...
...give you a loser's image. Tsang's supporters say his retreats are a sign of pragmatism. "He is bold and determined," says Choy So-yuk, a Legislative Council member from the pro-Beijing Democratic Alliance for the Betterment and Progress of Hong Kong (DAB). "In areas like West Kowloon, he knows when to give up when facing public opposition." Yet for an official who declared in his first policy address that his goal was "strong governance," giving up doesn't strike the right tone. "Politically, Donald is more compromising and accommodating than Tung, which is good," says Ma Ngok...
...world" to buy a product, says Bruce Rockowitz, president of Li & Fung's sourcing business. Let's say you're an executive at a major U.S. fashion retailer looking to fill its racks with a spring collection. Stop by the offices of Li & Fung in Hong Kong's Kowloon district and its staff will track down the best fabrics, buttons and other components at the best prices and hire the right manufacturers to sew the clothes together. With 72 sourcing offices in 41 countries, the company delivers more than cheap sweaters. Li & Fung can tap into over 8,000 factories...
...best chance for decades to put that right. The site of the planned government headquarters?4 hectares reclaimed from what was once HMS Tamar, a British Royal Navy base?will adjoin 18 hectares of Central waterfront now being filled in. Two other major harborfront sites?40 hectares in West Kowloon slated for a cultural center and the former Kai Tak airport?are now in planning stages. "These are three very important pieces in the jigsaw of the city," says Bosco Fung, Hong Kong's Director of Planning. "Once finished with these three, we will have a complete picture...
...shops at Paris Station are Hermès and Louis Vuitton. Fakes are illegal, so the stores carry rare, hard-to-find items. You'll find not only that Birkin bag you've been searching for but also special p.r. items that never made it for sale. 12 Hankow Road, Kowloon...