HEKKTA’s Property Portal – Hong Kong International Center

Another supertall skyscraper, the Shenzhen Hong Kong International Center, is set for the Chinese skies and big name architects ramp up their shouts for a second Brexit referendum in this week’s Property Portal.

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Perhaps setting the tone for the year in terms of architecture projects, Adrian Smith + Gordon Gill have released their plans to create a new supertall skyscraper in the Chinese city of Shenzhen, which would be the largest in the country and the third tallest in the world. Standing at 700 metres tall, it would be third behind the 1,000 metre Jeddah Tower (currently under construction), and the now tallest, the Burj Khalifa in Dubai. The huge skyscraper is a part of a wider plan for the area from the architecture firm, with several more smaller developments being built between the foothills of Longcheng Park and the Dayun National Park. The futuristic, almost sci-fi design seems to be in line with trend at the moment, considering Foster + Partners’ new design for London’s The Tulip.

Shenzhen Hong Kong International Centre - HEKKTA

Shenzhen Hong Kong International Centre – HEKKTA

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The Royal Institution of Chartered Surveyors (RICS) have noted this is the worst outlook for the housing market for 20 years, attributing a lack of clarity surrounding Brexit. However, property website Home.co.uk have predicted a far more positive outlook in 2020, saying that the huge rental yields will kick start recovery. It appears the market is currently under the grasp of confidence, therefore suggesting a shorter term recovery is likely.

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New York’s infamous Chrysler Building is for sale, if you have a few spare bob hanging about!

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Five big architecture names are going head to head to design Chicago’s new O’Hare airport terminal. Pictured below is the beautiful design by British firm Foster + Partners, leading the Foster Epstein Moreno Joint Venture Partners team. Other firms include Santiago Calatrava, Skidmore, Owings & Merrill (SOM) and Studio ORD Joint Venture Partners. Click here to see all the designs!

O'Hare International Airport - HEKKTA - Hong Kong International Center

O’Hare International Airport – HEKKTA – Hong Kong International Center

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15 Hudson Yards, the 88-storey apartment skyscraper part of the Hudson Yards development has officially opened. Designed by both Diller Scofidio + Renfro and Rockwell Group, the building will be home to 200 beautiful apartments with unrivalled views of the city. With Rockwell Group being behind the cultural venue The Shed, the firms explained how taking on both jobs was intentional to give them the freedom of design.

15 Hudson Yards - HEKKTA - Hong Kong International Center

15 Hudson Yards – HEKKTA – Hong Kong International Center

15 Hudson Yards - HEKKTA - Hong Kong International Center

15 Hudson Yards – HEKKTA – Hong Kong International Center

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Are we witnessing the fall of the high street? As e-commerce takes hold and online giants such as Amazon continue to dominate, 175,000 high street jobs are in jeopardy and 23,000 shops could face closure.

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The Creative Industries Federation, which represents over 10,000 members across the fields of art, design, music and theatre, have joined Norman Foster and David Chipperfield in signing a letter calling for another referendum; one they call the ‘People’s Vote’.

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Opposite Office have reimagined Buckingham Palace as ‘Affordable Palace’; a co-living space for 50,000 people. “With its 775 rooms and 79 bathrooms the population density is not representative of the rest of London, and Buckingham Palace is waiting for repurposing,” said Opposite Office co-founder Benedikt Hartl.

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It appears it’s the wealthiest parts of the country seeing the biggest impact of the current stagnant property market, with some property having 25% of their value taken off to try to stimulate interest, up to £500,000 in some cases.

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Sainsbury Wing at the National Gallery in London has been awarded the American Institute of Architects‘ 25 Year Award, “that has stood the test of time for 25-35 years and continues to set standards of excellence for its architectural design and significance”.

Sainsbury Wing - HEKKTA - Hong Kong International Center

Sainsbury Wing – HEKKTA – Hong Kong International Center

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The value of retail property is set to fall by 15.9 per cent this year as owners and investors battle to tempt online shoppers back to the high street.

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Copenhagen is set for nine new artifical islands, which will be sustainable tech hubs spanning three million square metres. It will extend off the coast of Hvidovre, the largest industrial area in Denmark. Created by Urban Power, it will facilitate 380 new businesses and create 12,000 new jobs in biotech, pharmaceutical and life science sectors, with the firm labelling it, “the largest and most ambitious land reclamation in Scandinavia”.

Holmene - HEKKTA - Hong Kong International Center

Holmene – HEKKTA – Hong Kong International Center

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Foster + Partners’ The Tulip is now in serious doubt after a letter from the Mayor’s office say that the building breaches several of the city’s planning guidelines, questioning the design, calling the height “unjustified” and additionally noting “the proposal fails to provide free to enter publicly accessible viewing areas and is therefore contrary to London Plan”.

2019-02-06T12:14:04+00:00