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Lippo Centre (Hong Kong)

Lippo Centre
力寶中心
Lippo centre.jpg
Twin towers of the Lippo Centre
Alternative names Bond Centre
Peregrine Tower
Lippo Tower I and II
General information
Status Complete
Type Commercial offices
Architectural style Brutalism
Location 89 Queensway, Hong Kong
Coordinates 22°16′45″N 114°09′48″E / 22.2793°N 114.1634°E / 22.2793; 114.1634Coordinates: 22°16′45″N 114°09′48″E / 22.2793°N 114.1634°E / 22.2793; 114.1634
Construction started 1986 (construction)
1984 (design)
Completed 1988
Owner Lippo Group
Height
Roof Tower I: 172 m (564.3 ft)
Tower II: 186 m (610.2 ft)
Top floor Tower I: 166 m (544.6 ft)
Tower 2: 180 m (590.6 ft)
Technical details
Floor count Tower I: 44
Tower II: 48
Design and construction
Architect Wong & Ouyang (HK) Ltd.
Paul Rudolph
Developer Kwee Liong Tek
Alan Bond
Main contractor Hip Hing Construction
References

Lippo Centre (traditional Chinese: 力寶中心; simplified Chinese: 力宝中心; Jyutping: lik6 bou2 zung1 sam1; pinyin: Lìbǎo Zhōngxīn), previously known as the Bond Centre (traditional Chinese: 奔達中心; simplified Chinese: 奔达中心; Jyutping: ban1 daat6 zung1 sam1), is a twin-tower skyscraper complex completed in 1988 at 89 Queensway, in Admiralty on Hong Kong Island in Hong Kong, China. Tower I is 172 m (564.3 ft) with 44 storeys, and Tower II is 186 m (610.2 ft) with 48 storeys.

The Lippo Centre is a landmark development located in the heart of Admiralty comprising approximately 1.3 million sq.ft. in two office towers with a retail podium element situated on the ground floors and a small basement car park.

On completion in late 1987 Savills Investment Management began managing the Lippo Centre. Since 1988 the landmark has been riddled with spectacular corporate collapses in its ownership. Relatives of the Singapore-based Kwee Liong Tek family had a majority consortium interest in the construction from its conception, later selling their majority interest half-way through construction to British-born Australian business tycoon Alan Bond, who went bankrupt four years later with the collapse of Bond Corporation. It has had several corporate ownership failures since and was eventually taken over by Peregrine Investments Holdings who also faced financial collapse, and the Indonesian-backed Lippo Group who are the largest single owner of the building. Local feng shui consultants have suggested the building has bad feng-shui based on the C-shaped glass-walled extrusions (often referred to locally as resembling koalas clinging to a tree), although Peregrine's own feng-shui consultant gave the towers a clean bill of health.


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