New World Development has agreed to preserve the State Theatre Building for its historical value as the Hong Kong developer prepares to acquire the rest of the site under a multibillion-dollar redevelopment plan.The 68-year old theatre on 277-291 King’s Road in North Point was classified as a Grade 1 historic building in 2017.The Hong Kong developer, controlled by Hong Kong’s third-richest family of Henry Cheng Kar-shun, has won the government’s approval to launch a compulsory acquisition of…
Source : South China Morning Post
Read more…Hong Kong’s iconic State Theatre to be preserved under New World’s multibillion-dollar redevelopment plan















