PLACES
Swire Properties recognises that the places we create and maintain have significant impacts on society and the environment. Through effective placemaking, we aim to transform the urban areas in which our properties are located into vibrant and sustainable communities by carefully balancing the aesthetic, functional, ecological and cultural impacts of our developments. Meanwhile, through long-term placekeeping, which involves continuously evolving, maintaining and managing our assets, we aim to enhance the lives of the people who live and work within our developments and the surrounding communities.
Sustainability Report 2024: Places
SUSTAINABLE
DEVELOPMENT GOALS
DEVELOPMENT GOALS
The SDGs relevant to initiatives under this Pillar are:
SDG 8
Promoting sustainable economic growth, employment and decent work for all.
SDG 9
Building resilient infrastructure, promoting inclusive and sustainable industrialisation and fostering innovation.
SDG 11
Making cities and human settlements inclusive, safe, resilient and sustainable.
HIGHLIGHTS OF OUR DEVELOPMENTS
GRI 2-1, 2-6
Taikoo Place
Taikoo Place
Home to Swire for over 100 years, Taikoo Place has transformed from an industrial area housing the Taikoo dockyard and sugar refinery into a Global Business District spanning 10 office towers, with six million sq ft of gross floor area. In 2024, the ambitious Taikoo Place Redevelopment Project was completed, with a celebration marking the occasion held in early November with more than 1,000 VIP guests in attendance.
Commencing in 2014, the redevelopment project has transformed Taikoo Place into an industry-leading Global Business District, with modern workspaces and an array of amenities focused on health and wellness. These include the newly opened 1880 Hong Kong members’ club and its 1880 SOCIAL concept spanning four floors in Two Taikoo Place; Blueprint, a 30,000 sq ft co-working space; The Refinery private members’ club; and ArtisTree, a 7,000 sq ft multipurpose venue. These functions and amenities work together to boost productivity and tenant wellbeing, while uplifting the surrounding neighbourhood and integrating the development with the local community. It also comprises landscaped gardens, Taikoo Park and a variety of restaurants and cafes.
Taikoo Place now encompasses One Taikoo Place and Two Taikoo Place, world-class triple Grade-A office towers offering two million sq ft of prime office space and enhanced facilities. Two Taikoo Place was designed and built to the highest sustainability standards, achieving Pre-certified Platinum ratings for LEED, WELL and BEAM Plus. Two Taikoo Place was also named a winner in the Urban Land Institute’s 2024 Asia Pacific Awards for Excellence and received a Merit Award in the biannual Quality Building Awards in the Hong Kong Non-Residential Building category.
Two new gardens, Taikoo Square and Taikoo Garden, were also completed in 2024 and provide 69,000 sq ft of green space with 260 species of native plants and trees as well as exotic species and water features for the enjoyment of the community. These landscaped areas are designed to enhance urban biodiversity by facilitating the movement of birds, butterflies and other wildlife between urban green spaces.
In 2024, Taikoo Place became the first and only development in Hong Kong to be awarded Platinum certification under LEED v4.1 for Communities: Existing, as well as the first in the Greater Bay Area.
Taikoo Place
Taikoo Place
Home to Swire for over 100 years, Taikoo Place has transformed from an industrial area housing the Taikoo dockyard and sugar refinery into a Global Business District spanning 10 office towers, with six million sq ft of gross floor area. In 2024, the ambitious Taikoo Place Redevelopment Project was completed, with a celebration marking the occasion held in early November with more than 1,000 VIP guests in attendance.
Commencing in 2014, the redevelopment project has transformed Taikoo Place into an industry-leading Global Business District, with modern workspaces and an array of amenities focused on health and wellness. These include the newly opened 1880 Hong Kong members’ club and its 1880 SOCIAL concept spanning four floors in Two Taikoo Place; Blueprint, a 30,000 sq ft co-working space; The Refinery private members’ club; and ArtisTree, a 7,000 sq ft multipurpose venue. These functions and amenities work together to boost productivity and tenant wellbeing, while uplifting the surrounding neighbourhood and integrating the development with the local community. It also comprises landscaped gardens, Taikoo Park and a variety of restaurants and cafes.
Taikoo Place now encompasses One Taikoo Place and Two Taikoo Place, world-class triple Grade-A office towers offering two million sq ft of prime office space and enhanced facilities. Two Taikoo Place was designed and built to the highest sustainability standards, achieving Pre-certified Platinum ratings for LEED, WELL and BEAM Plus. Two Taikoo Place was also named a winner in the Urban Land Institute’s 2024 Asia Pacific Awards for Excellence and received a Merit Award in the biannual Quality Building Awards in the Hong Kong Non-Residential Building category.
Two new gardens, Taikoo Square and Taikoo Garden, were also completed in 2024 and provide 69,000 sq ft of green space with 260 species of native plants and trees as well as exotic species and water features for the enjoyment of the community. These landscaped areas are designed to enhance urban biodiversity by facilitating the movement of birds, butterflies and other wildlife between urban green spaces.
In 2024, Taikoo Place became the first and only development in Hong Kong to be awarded Platinum certification under LEED v4.1 for Communities: Existing, as well as the first in the Greater Bay Area.
Pacific Place
Pacific Place
Located above the Admiralty MTR interchange station, the Pacific Place complex comprises six Grade A office towers, a retail complex, four five-star hotels and serviced apartments, totalling 2.4 million sq ft of gross floor area.
Pacific Place Apartments has 268 exclusive serviced apartments and The Upper House, a House Collective luxury hotel, has 117 rooms. The Upper House was named one of the Top Five Best Hotels in the world in the inaugural World’s 50 Best Hotels list in 2023.
The complex’s latest development, Six Pacific Place, was completed in 2024. The 24-storey building has around 218,000 sq ft of premium triple Grade A office space. Six Pacific Place was designed and built to the highest sustainability standards, achieving Final Platinum ratings for LEED, WELL and BEAM Plus. The building also received both WiredScore and SmartScore Platinum certifications, meaning the building’s design and infrastructure provide an excellent digital experience that enables innovative workplace solutions.
Starstreet Precinct, an adjacent neighbourhood which Swire Properties has transformed into a lively area filled with cafés, bars, restaurants, galleries, and boutique shops.
Citygate
Citygate
Located in Tung Chung on Lantau Island, Citygate is Hong Kong’s first and largest outlet shopping mall. The Citygate complex comprises 942,800 sq ft of retail space and 160,000 sq ft of office space. Directly connected to the Tung Chung MTR Station and in close proximity to Hong Kong International Airport and the Hong Kong-Zhuhai-Macao Bridge, this development offers excellent connectivity to transportation nodes and Hong Kong’s most popular tourist sites.
Since 2009, Citygate has consistently maintained excellent Indoor Air Quality (“IAQ”) standards. In 2024, Citygate Outlet and One Citygate achieved certifications in the Hong Kong government’s IAQ Scheme – Excellent Class Premises, and the IAQ Scheme – 15-year Commitment Award.
Cityplaza
Cityplaza
Cityplaza is the largest shopping mall on Hong Kong Island by gross floor area, with a total floor area of 1.11 million sq ft. Directly accessible from Tai Koo MTR Station, the six-level mall houses more than 170 shops and restaurants, a cinema, an indoor ice rink and more than 800 indoor parking spaces. Its host of retail, dining and entertainment outlets, together with engaging mall promotions and activities, have made Cityplaza an enduringly popular hub for community leisure and enjoyment. The mall is also connected to the EAST Hong Kong hotel, the Taikoo Shing residential development and more than 100 outdoor shops that serve the local neighbourhood.
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SD in Action: Shanghai
In this section, we explore how our Shanghai portfolio embraces our placemaking philosophy to creating positive impacts across the city.
Vibrancy
We invest time, effort and expense to ensure that our developments offer artistic and cultural activities that positively impact our communities.
Wellbeing
Swire Properties' initiatives and programmes support the mental and physical health of our visitors, tenants and workers at each of our developments.
Measuring the Impact of our Places
Understanding the impacts that the places we develop and manage have on society and the environment is crucial to fostering sustainable growth.
Livelihood
Swire Properties continues to drive employment, support economies and assist NGOs and social enterprises, improving our communities.
Resilience
We increase community resilience by reinforcing social cohesion, boosting our investment in people and our adaptive capacity.
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