bodyType

customContents

entityId

entityUuid

articlePageQuery

filter

article

articleBaseAdvertisingInfoArticle

articleListArticle

articleSeoArticle

hooksArticleAcknowledgementGateOverlayArticle

hooksTrackPageViewArticle

hooksContentInterestArticle

articleLinkingDataContent

hooksAmpRedirectArticle

articleSchemaContent

liveArticle

advertZone

sentiment

contentLock

topics

types

sections

paywallTypes

createdDate

publishedDate

urlAlias

moreOnThisArticles

sponsorType

commentCount

authorLocations

authors

corrections

displaySlideShow

multimediaEmbed

printHeadline

seriesContainer

articleSpeeches

socialHeadline

headline

images

flag

firstTopic

glossary

flattenTypeIds

image

relatedLinks

relatedNewsletters

__typename

sponsor

pdfFiles

seriesReverseOrder

series

disableOffPlatformContent

published

updatedDate

summary

subHeadline

body

keywords

readingTime

customTimezone

liveContents

Sandy Li

The proposed redevelopment of the 50-year-old Mariners’ Club in Tsim Sha Tsui has generated enthusiastic initial response from developers ahead of the official tender, the club’s operator said.
The Sailors’ Home and Missions to Seamen, which operates the club, is to redevelop the site through a partnership with private developers.
“We have received a good response when we invited developers to submit expressions of interest last week,” the mission’s honorary secretary Colin Shaftesley said.
He said the developer would bear full responsibility for demolishing the building and redeveloping the site into a hotel.
“We will be given a club premises in the newly developed hotel in future,” he said.
The project has drawn interest from developers such as Lai Sun Development, Regal Hotels International, Far East Consortium International, Empire Group Holdings, Sino Land and Henderson Land Development.
Located at 11 Middle Road, the 33-storey building, which could yield a potential gross floor area of 346,800 square feet, is valued at HK$5.2 billion, or HK$15,000 per square foot. The mission will retain 50,000 sq ft for the club and a church while the remaining 300,000 sq ft will be allocated for hotel purposes.
In July 2014, Henderson outbid 17 developers to win the Hong Kong government tender for a commercial site in Middle Road for a higher-than-expected HK$4.7 billion, or HK$13,800 per square foot.
The plot, a former multi-storey car park next to the Sheraton Hong Kong Hotel & Towers, was the first commercial site to become available in the district in 16 years.
Shaftesley said the mission would finalise the date for the official tender within a month.
The building was completed in the 1960s and officially opened by Sir David Trench, Hong Kong’s colonial governor at the time.
The original purpose of the club was to provide clean and cheap accommodation for seafarers and for them to receive necessary assistance and religious guidance.


Fancl distributor couple buys Lippo Centre office, shop in US$38.3 million deal

Chow Tai Fook’s Henry Cheng reveals Hong Kong empire’s win-win investment philosophy

Mainland Chinese buyers pour US$2 billion into Hong Kong super-luxury homes

SHKP tests market resilience with new batch of flats at Hong Kong’s Sierra Sea project

Hong Kong property

Redevelopment of Mariners’ Club in Tsim Sha Tsui draws strong response from developers

The Mariners' Club in Tsim Sha Tsui will be redeveloped into a hotel with a new club premises incorporated. Photo: K. Y. Cheng

Property

Hong Kong & China

Business

Companies