The temporary housing project at the former One Horizon site has entered the typical floor construction phase, Urban Renewal Limited (MUR) has announced.
Fitting-out works are also scheduled for the second half of 2023, with the entire project expected to be completed in the second half of 2024, the MUR noted.
For the first time, the MUR revealed the projected landscape in the area. Under the layout plan, the land plot will have eight residential towers consisting of about 2,000 temporary housing units and a sufficient number of parking spaces for cars and motorcycles.
Two 24-meter-wide public avenues, each consisting of a dual four-lane road and pavements, will be built there. In addition, there will be a bus interchange station on the ground floor, open green space and a pedestrian street to connect nearby neighbourhoods.
Moreover, the MUR underlined that it is actively assisting the property owners of Iao Hon Estate to discuss the redevelopment concept plan, envision the goals of urban renewal, encourage property owners to stand together and help property owners to organize condominium owners’ general assembly meetings to set up management committees, as well as organising meetings with property owners to build a solid foundation for neighbourhood renewal works to be carried out at a later date. AL