TaiKoo Place is a commercial complex in Quarry Bay
, Hong Kong
Island, Hong Kong. It consists of 10 office towers: Devon House, Dorset House, PCCW Tower, Warwick House, Cornwall House, Somerset House, Lincoln House, Oxford House, Cambridge House and One Island East
The Island East development strectching from Cityplaza
and TaiKoo Place, which is owned and managed by Swire Properties. The MTR Quarry Bay Station
and all the office towers are linked with air-conditioned footbridges. A new 68 storey, 308 m commercial building (currently named as One Island East) stands next to the junction of Westlands Road and Taikoo Shing Road.
TaiKoo Place seats many advertisement and information technology firms. The PCCW Tower, the tower just next to Dorset House is where the headquarter of PCCW, a Hong Kong-based telecommunication company, seats. The local headquarter of IBM is also situated there, occupying the first 15 storeys. Ironically, more IT firms choose to have their Hong Kong base in TaiKoo Place rather than in Cyberport, which was particularly built for this purpose.
The neighbourhood of TaiKoo Place was once residential and industrial. When TaiKoo Place was built, it resulted in a transformation of the region. Many pubs and restaurants were set up around the region.