Page 41 - URA Annual Report 2021-22

Redevelopment has been the mainstay of the URA’s strategy to contain urban decay since its establishment in 2001.
Adopting a ‘planning-led, district-based’ approach in recent years, we endeavour to undertake sizeable and challenging redevelopment projects which will bring greater benefits to the community.
Three large-scale redevelopment projects were commenced over the last year. Through restructuring and replanning the land uses, with the application of new planning tools and under a ‘Single Site, Multiple Uses’ approach, more floor area can be generated for development. By unlocking the redevelopment potential, these projects are expected to yield over 6,000 residential units, and provide a much improved living environment with the provision of over 20,000 square metres of greenery space, along with modernised standards and services for public transport, leisure, cultural, municipal and rehabilitation uses.
On planning level, the URA tested the integrated approach model of urban renewal in the Nga Tsin Wai Road and Carpenter Road Development Scheme (KC-017) and its adjacent Kai Tak Road/ Sa Po Road Development Scheme (KC-015) in Kowloon City. By way of redevelopment, district-based rehabilitation and the revitalisation works carried out in the district, it will further improve the overall built environment and the blending of old and new cityscapes. Upon project completion, the regenerated district not only will emerge as a more liveable and accessible community with unique local characteristics, but also act as a conduit connecting the Walled City Park (the past) with the new Kai Tak Development Area (the future).
Resources and effort from URA alone will not be adequate to handle challenging projects which involve clusters of aged buildings with deteriorating condition, high development density and low residual plot ratio. The URA has pioneered the use of new planning tools to overcome the hurdles faced in planning and unlocked the development potential of the lands in the old districts. Meanwhile, it is important to share the experiences and practices with private developers as a reference to promote private market participation in urban renewal.
URA ANNUAL REPORT 2021-22 35
Operating Review Corporate Sustainability Management Discussion and Analysis Projects at a Glance Corporate Governance