[KnowItAll]

Am I incorrectly assuming that the rights to turn the Old Bailey into a luxury hotel where handed over to Cheung Kong?

Or did the govt change their minds?

[Mr.Bing]

WTF? is Everything in Hong Kong turning into one "luxury" hotel after another? and the central market is coming down in a couple years?
looks like the city's sold out its soul for a while now....

[KnowItAll]

Never had a soul ...

[Monde]

It is all about the money.....

[kombuchakid]

Do you mean Old Bailey Street or the Central Police Station or The Victoria Prison?

[lionrock88]

Originally Posted by bli

WTF? is Everything in Hong Kong turning into one "luxury" hotel after another? and the central market is coming down in a couple years?
looks like the city's sold out its soul for a while now....

i hear that office buildings/shopping complexes can be more profitable than luxury hotels - so the Ritz-Carlton will soon be making way for another good ol' super prime grade A office building... the same fate as the poor ol' Hyatt in TST...

[back2HK]

Originally Posted by lionrock88

so the Ritz-Carlton will soon be making way for another good ol' super prime grade A office building... the same fate as the poor ol' Hyatt in TST...

Well, the Cheung Kong Center used to be the Hong Kong Hilton... and I have heard the same about the Ritz.

[KnowItAll]

KK -- "The Old Bailey" .. as in the victoria prison complex.

[lionrock88]

Originally Posted by back2HK

Well, the Cheung Kong Center used to be the Hong Kong Hilton... and I have heard the same about the Ritz.

frickin 'ay. well, i gotta say that i do love that bit of town - cheung kong centre, BOC building and citibank plaza. that one square mile of land just oozes power and riches galore...

[KnowItAll]

>> one square mile of land just oozes power and riches galore...

All based on the fragile promises from another square mile up north.