Placemaking Pacific Place
Integrating office, retail, hotel, and residential components, Swire Properties' master plan sought to transform Admiralty and extend the central business district eastwards.
Click on the timeline to see how the Pacific Place complex has evolved over time.
- Two Victoria Barracks sites purchased for HK$1.7 billion, totalling 318,000 sq ft
Saving the “world’s most expensive tree”
Environmental considerations are featured prominently in the Pacific Place master plan. A large Banyan tree, believed to have been planted in 1870, was preserved during the construction of Pacific Place in 1988, with a 10 metre deep and 18 metre diameter cylindrical structure built to contain the roots. The total cost of this preservation was approximately HK$26 million.
- Pacific Place mall opened
- One and Two Pacific Place completed
- JW Marriott Hong Kong, Conrad Hong Kong, Island Shangri-La Hong Kong hotels and The Atrium and Parkside serviced apartments completed
- Residential development StarCrest completed
- Parkside serviced apartments received a major renovation and was later renamed Pacific Place Apartments
- Three Pacific Place and pedestrian tunnel opened
- The Upper House opened, formerly The Atrium serviced apartments
- 28 Hennessy Road completed and 8 Queen's Road East refurbished
- Completion of Old Wan Chai revitalisation work on streetscape, parks and neighbourhood amenities
Working with the government to revitalise and preserve
Swire Properties worked with government authorities to rebuild a sense of identity and revitalise the Starstreet Precinct next to Pacific Place, while also preserving its unique culture and character.
The HK$20 million revitalisation project, funded by Swire Properties, enhanced the adjacent open areas of Dominion Garden and Kwong Ming St Children’s Playground on Star Street and St. Francis Street. We believe that the neighbourhood has benefited from the positive impacts and growth brought by this revitalisation.
Following these works and the development of premium residential and office buildings in the area, Starstreet Precinct began to undergo an urban transformation, with boutiques, eateries and art galleries emerging and co-existing with older architecture and offering dynamic spaces for the local community.
- Pacific Place mall contemporisation, a HK$2 billion project was conducted in collaboration with Thomas Heatherwick
- Pacific Place celebrated its 30th anniversary
- Two sites near Three Pacific Place are being developed, with completion targeted for 2022 and 2023
Pacific Place’s 30th anniversary
Pacific Place celebrated its 30th anniversary with an installation in the mall’s Garden Court which was inspired by the concept of tree rings – the rings that are added to a tree’s trunk with every year of growth. The installation was an interactive, nature-themed playground consisting of three “tree houses” which visitors could enter and enjoy.
Placemaking for the future
Swire Properties will continue our placemaking efforts around Pacific Place into the next decade.
Two sites near Three Pacific Place have been acquired and are being redeveloped. The first site is 21-31 Wing Fung Street, which will be developed into a 34,000 sq ft residential building with retail outlets on the two base levels. The second site is 46-56 Queen’s Road East, 1A-11 Landale Street and 2A-12 Anton Street, which will become an office tower with an aggregate GFA of approximately 218,000 sq ft. The foundation work for the first site is finished with project completion expected in 2022, whilst for the second site, foundation work is in progress and completion is expected in 2023.
We are also seeking to explore infrastructure development opportunities that will support connectivity and walkability to these new projects in the future.