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Hong Kong property
Business

Li Ka-shing’s developer unveils design of Cheung Kong Center II, a 41-storey skyscraper in Hong Kong’s Central

  • The redevelopment of Hutchison House will add 550,000 sq ft of prime office space – about the size of 10 football fields – in Central
  • Set to be renamed Cheung Kong Center II (CKC II), the new tower will stand 41 storeys tall, much higher than the existing building

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Artist’s impression of the Cheung Kong Center II, which will be a new prime office tower in Central. Photo: SCMP Handout
Cheryl Arcibal

Hong Kong’s famous skyline will soon have a shiny new addition.

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CK Asset Holdings, the property developer founded by tycoon Li Ka-shing, has revealed the design of its new skyscraper in Central, set to be unveiled next year once the conversion of Hutchison House is complete.

The redevelopment will add 550,000 square feet of prime office space – about the size of 10 football fields – in Hong Kong’s main business zone of Central.

The work is scheduled to be completed in 2023, the city’s second-largest developer by value said in a statement on Wednesday.

Set to be renamed Cheung Kong Center II (CKC II), the new tower will stand 41 storeys tall, much higher than the existing building comprising 23 floors.

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Its attractiveness to tenants is likely to act as a barometer of the office property market at a time of slowing demand and growing supply as Hong Kong’s coronavirus restrictions continue to weigh on the economy and company expansion plans.
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