Taikoo Shing

Taikoo Shing, or Tai Koo Shing (Chinese: 太古城; Jyutping: taai3 gu2 sing4; pinyin: Tàigǔchéng), is a private residential development in Quarry Bay, in the eastern part of Hong Kong Island, Hong Kong. It forms a part of the Swire Properties's residential and retail branding, along with Taikoo Place, the adjacent Cityplaza retail and office complex and EAST, a lifestyle business hotel.

The entire Taikoo Shing estate covers 3.5 hectares (8.5 acres), and consist of 61 residential towers, with a total of 12,698 apartment flats that ranges anywhere between 585 square feet (54.3 m²) to 1,237 square feet (114.9 m²).

The Taikoo Shing estate was once the site of Taikoo Dockyard, whose foundation stone now lies beside Cityplaza. The dockyard moved to United Dockyards at the west shore of the Tsing Yi Island in the late 1970s, and Taikoo Shing was constructed over the site in stages, with constructions of all main residential buildings complete by the early 1990s.

As part of the business strategy, Swire Properties was established in 1972 immediately after the closing of the dockyard. Taikoo Shing became one of Hong Kong's first major private housing estates. Completing in 1986, Swire immediately became one of the largest property companies doing the construction themselves. The area was designed to maximise middle-class residential capacity.

Development of commercial areas still continues today. After the completion of Cityplaza 3 and 4 as office buildings, the original Cityplaza 1 was demolished in the mid-90s for redevelopment. As of 2007, the food market that was originally constructed was demolished to make room for a hotel.

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Wikipedia