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Hysan earmarks US$256 million for ‘Lee Gardens Rejuvenation’ in Causeway Bay, turn it into ‘home of luxury’

  • The new Caroline Hill Road development will expand Hysan’s office portfolio by 30 per cent in Hong Kong’s Causeway Bay
  • Top luxury brands like Cartier, Chanel, Dior, Hermes and Louis Vuitton plan to open 10,000 sq ft plus flagship stores in Lee Gardens

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An artist’s impression of Hysan Development’s proposed upgrade to its HK$90 billion Lee Gardens portfolio in Hong Kong’s Causeway Bay. Photo: Handout
Hysan Development, Causeway Bay’s largest landlord, has set aside HK$2 billion (US$256.2 million) to upgrade its Lee Garden portfolio in the prime Hong Kong shopping district and turn it into a one-stop luxury shopping destination.
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The proposed “Lee Gardens Rejuvenation” includes the development of the Caroline Hill Road land parcel, Hysan executives said in a briefing last Thursday.

The revamp will turn Lee Gardens into the “home of luxury”, said Ricky Lui, executive director and chief operating officer at Hysan. A number of top international brands such as Cartier, Chanel, Dior, Hermes and Louis Vuitton plan to expand in Lee Gardens, with flagship stores in excess of 10,000 sq ft.

The new Caroline Hill Road development will expand Hysan’s Lee Gardens portfolio by 30 per cent, the company said. The plan includes new covered walkways and footbridges, offering pedestrians a weatherproof walk to and from Causeway Bay MTR station and the Lee Gardens area comprising Hysan Place, Lee Garden One, Two, Three, Five, Six as well as the Caroline Hill Road project.

The upgrade to Hysan’s Lee Garden portfolio in Causeway Bay will include footbridges and covered walkways. Photo: Handout
The upgrade to Hysan’s Lee Garden portfolio in Causeway Bay will include footbridges and covered walkways. Photo: Handout

“People nowadays will only go to the biggest shop, with the best experience and the one with the most variety when prices of the goods are the same in different shops,” Lui said.

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