Building and street Rehabilitation
Since 2005, the Urban Renewal Authority has cooperated with different real estate developers to rehabilitate Shanghai Street. Here is the summary and the photos after rehabilitation.
To redevelop the area between Mongkok and Yau Ma Tei, Land Development Corporation had proposed the Langham Place project, in which, 11,976 square metres (128,910 sq ft) area was involved across Argyle Street
, Portland Street, Shantung Street
and Reclamation Street. The main goal is to urbanise the unused area. The existing gross floor area (GFA) in this project was 40,810 square metres. 58 buildings and 2,603 residents had been affected. The construction was completed in July 2004. The total GFA is now 167,419 square metres (1,802,080 sq ft) and the commercial space is 160,870 square metres (1,731,600 sq ft).
Langham Place is a Grade A 59-storey office tower. Its height is 255.1 metres (837 ft). It houses the 665-room Langham Place Hotel and a 15-storey mall. Langham Place comprises of an office tower, hotel, and shopping mall.