Zaha Hadid Architects (ZHA) is ready to build a 35-storey office tower on the world’s most expensive plot of land in Hong Kong. According to numerous news outlets, the cost of this plot of land is around £2.2 billion.
The London-based company- ZHA has confirmed that it is working with Henderson Land Development to bring forward a prestigious office scheme at No 2 Murray Road on Hong Kong Island. It will be ZHA’s second permanent edifice in the past British Colony. And the site is close to Foster + Partners’ 1985 HSBC Headquarters and directly opposite the Bank of China building designed by IM Pei.
In 2017, Lee Shau Kee- the second-wealthiest person in Hong Kong bought the 2,880 m² (31,000 square foot) multi-storey in the financial district at auction after warding off 8 rival bidders. Hong Kong's Buildings Department grant permission to Henderson Land Development back in March for building a 35-storey tower.
The high rate of the building - £750,000 per meter square is way above market expectations. It is said to be the first commercial plot of land that has been sold by the Hong Kong government since 1996, which could give an explanation for its high price.
According to ZHA firm that they will finish the development of town “by the third quarter of 2022".
"It aims to be an iconic Grade A office building, targeting to be a 'green, smart and healthy' development, with the relevant highest international accreditations," said the firm.
It will be second project of Zaha Hadid Architects in the city that will join the 15-storey Innovation Tower Club Innovation Tower on the campus of Hong Kong’s Polytechnic University, which opened in 2014.
ZHA is recently involved in building numerous towers all over the world, which includes the tallest residential structure in Mexico City, and a few mixed-use buildings in London.