CTBUH Global News
Sep29

Written by:host
9/29/2009 4:00 PM 

Hong Kong's old airport set for multibillion-dollar takeoff  

Sept 29, Hong Kong

HONG KONG: It's probably the most valuable strip of derelict land in the world. The defunct Kai Tak airport sits right in Hong Kong's Victoria Harbour and is estimated to be worth up to 40 billion dollars – the equivalent, experts say, of around 30 of the world's tallest skyscrapers. "It is a jewel," said Nicholas Brooke, chairman of Hong Kong-based Professional Property Services...more

Tags: