The Pulse is a six-storey, shopping centre located on Beach Road at

Repulse Bay Beach Repulse Bay Beach is a gazetted beach located in Repulse Bay, Southern District, Hong Kong. The beach has barbecue pits and is managed by the Leisure and Cultural Services Department of the Hong Kong Government. Rated Grade 1 by the Environm ...

Repulse Bay Repulse Bay or Tsin Shui Wan is a bay in the southern part of Hong Kong Island, located in the Southern District, Hong Kong. It is one of the most expensive residential areas in the world. Geography Repulse Bay is located in the southern ...

, Hong Kong. It is owned by Emperor International Holdings Limited.

History

Former use

The site was formerly home to the Lido Complex. Developed by Lido Development (a subsidiary of the Fung Ping Fan company) and opened on 1 February 1976, the complex was marketed as a "year-round resort" and housed restaurants and recreational facilities. The complex was expanded in 1983. The complex was put up for sale when Fung Ping Fan ran into financial difficulties. It was sold (excluding the McDonald's restaurant) to Hairich Limited, a subsidiary of Intercontinental Housing Development (IHD) Limited, in 1987. In 1993, IHD announced it would sell the complex to Gold Shine Investment, a company 55 per cent owned by Emperor International Holdings, 25 per cent by IHE itself, 15 per cent by Supreity and five per cent by Sonny Yeung Hoi-sing.

Illegal redevelopment

In 1998, Emperor International got

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

approval to develop a three-storey shopping centre on the site. The company bought the Lido Complex's McDonald's shop in mid-2000 for HK$36.8 million, allowing the redevelopment to move ahead. The firm stated that year that it would spend about HK$500 million on the development. Emperor International built a , six-storey shopping arcade called "The Pulse" on the site, which was substantially complete by 2011. However, it did so without the consent of the

Lands Department The Lands Department is a government department under the Development Bureau responsible for all land matters in Hong Kong. Established in 1982, it comprises three functional offices: the Lands Administration Office, the Survey and Mapping Off ...

, in breach of the land lease conditions. This led to a protracted legal battle between the developer and the government. The shopping centre remained empty, leading to public complaints over the lack of shopping and dining options along the beach. In May 2012, the issue was settled, with Emperor International Group Limited paying a HK$798 million land premium to the Hong Kong government. The shopping centre subsequently opened in November 2014.

References

External links

* {{DEFAULTSORT:Pulse 2014 establishments in Hong Kong Shopping centres in Hong Kong Repulse Bay