Quote:
Originally Posted by oscarinho
Xin yi district is really starting to look nice.
I heard that there is some plans to redevelop the Viewshow cinema block.
Williamchung Do you know anything about it?
It would make sense since thew land there is so expensive, an high density building could replace it.
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I saw business news in other days. Viewshow has already decided to move to Farestern Xinyi Shopping Centre which is under construction after contract is over. The stakeholders and shareholders of this property are under trail for interest dispute. It is profitable to redevelop whole building, they have not yet fully used all flloor area umder current zoning act. So they definitely can build much higher building for more profit. BUT IT ONLY CAN HAPPEN AFTER TRAIL IS OVER.