Kowloon City Plaza (KCP; ) is a

shopping centre A shopping center (American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof. The first known collec ...

located at

Kowloon City Kowloon City is an neighbourhood, area in New Kowloon, Hong Kong. It is part of Kowloon City District. Compared with the council area of Kowloon City District, the Kowloon City area is History As early as in the Qin dynasty (221 BCE ...

Kowloon Kowloon () is an urban area in Hong Kong comprising the Kowloon Peninsula and New Kowloon. With a population of 2,019,533 and a population density of in 2006, it is the most populous area in Hong Kong, compared with Hong Kong Island and t ...

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

.KCP About Us
Public views welcome for Kowloon City Section of Shatin to Central Link
Retrieved 17 August 2014. It was established in 1993, and it underwent a HK$100-million renovation from October 2005 to December 2006. The shopping centre re-opened on 26 January 2007.

History

On 28 November 1989, the site was purchased at government auction for HK$286 million by Lo Yuk-sui of development company Century City. Lo stated that his company planned to spend HK$700 million constructing a shopping and cinema complex, with a car park, on the site. A subsidiary of Century City, Cathay City International, launched the Kowloon City Plaza development. The property was sold to Paliburg Holdings, a related company, in December 1990 for HK$357 million. The complex received its occupation permit in May 1993. It opened later that year. Following the closure of nearby Kai Tak Airport, Paliburg Holdings proposed to build a 39-storey hotel on part of the site. However, this was rejected by the

Town Planning Board The Town Planning Board () is a statutory body of the Hong Kong Government tasked with developing urban plans with an aim to ensuring the "health, safety, convenience and general welfare of the community through the process of guiding and c ...

on 19 November 1999, on the grounds that the scale of the proposal was not compatible with the site's surroundings. Kowloon City Plaza was acquired by real estate fund Pamfleet, in partnership with Morgan Stanley, for HK$2.03 billion in April 2004. Pioneer Global Group, a technology company, subsequently took a small stake in the deal. The new owners thereafter carried out a major renovation, completed in 2006 at a cost of around HK$100 million, of the interior and exterior of the property. Rents doubled following the refurbishment. During the

2008 financial crisis 8 (eight) is the natural number following 7 and preceding 9. In mathematics 8 is: * a composite number, its proper divisors being , , and . It is twice 4 or four times 2. * a power of two, being 2 (two cubed), and is the first number of t ...

, the property was sold to toy baron

Francis Choi Francis Choi Chee-ming, Gold Bauhinia Star, GBS, Justice of the peace, JP (; born 1945) is a Hong Kong businessman and billionaire. As of March 2022, his net worth is estimated at US$8.1 billion. Choi is the founder and chairman of Early Lig ...

for HK$1.48 billion.

Location

Kowloon City Plaza is located near the

Kowloon Walled City Park The Kowloon Walled City Park is a historical park in Kowloon City, Kowloon, Hong Kong. The Kowloon Walled City had been a military stronghold since the 15th century due to its coastal location and was a centre of vice and crime until 1987. ...

and Carpenter Road Park.

Description

The building has a floor area of around and houses over 70 shops and eateries over seven shopping levels. It also had 400 parking spaces. The anchor tenant is Japanese supermarket and department store

AEON The word aeon , also spelled eon (in American and Australian English), originally meant "life", "vital force" or "being", "generation" or "a period of time", though it tended to be translated as "age" in the sense of "ages", "forever", "timeles ...

, which occupies the entirety of the 2/F and 3/F levels.

Gallery

Image:HK 九龍城廣場 Kln City Plaza Restaurant McDonalds.jpg,

McDonald's McDonald's Corporation is an American Multinational corporation, multinational fast food chain store, chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechri ...

in Kowloon City Plaza Image:Kcp(4).JPG, The exterior appearance of Kowloon City Plaza HK 九龍城廣場 Kln City Plaza interior Lunar New Year Information Service Counter.jpg, The Customer Services Counter of Kowloon City Plaza during

Chinese Lunar New Year Chinese New Year is the festival that celebrates the beginning of a new year on the traditional lunisolar and solar Chinese calendar. In Chinese and other East Asian cultures, the festival is commonly referred to as the Spring Festival () as ...

References

External links