HKIUD Speech Urban Renewal in a new dimension 5 September 2016 Ir WAI Chi Sing GBS JP FHKEng Managing Director, Urban Renewal Authority
My First Speech after retirement 2
3 Urban Decay: a Perennial problem for Hong Kong
From LDC to URA 4 LDC URA 1988 2001 2016
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Revitalization preservation Redevelopment Rehabilitation Solving the Urban Decay Problem 6
Since the establishment in 2001: Redeveloped about 710 old buildings Over 27,000 habitants improved their living environment 7
Flat Production = 1.5 x Tai Koo Shing Commercial GFA= 2 x IFC 2 Achievement New Flats: 18,000 (8000 completed) New Commercial: 400,000m² New GIC: 53,000m² New Open Space: 26,000m² 8
Urban Decay Problem Proper repair and maintenance How to extend the life of buildings Design Working Life for Reinforced Concrete Buildings 9
Urban Decay Problem By 2040 1/3 of our population > 65 years old Elderly > 65 1/3 of our buildings > 50 years Building > 50 years 10
Urban Decay Problem By 2040 Building Age above 50 years Over 23,000 buildings (year end of 2040) 9,000 buildings (year end of 2015) +156% 11
Urban Decay Problem Building Condition deteriorate with Age Poor Building Conditions >55 Building Age <30 Aging 12
Challenges of Urban Renewal Multiple Ownership The lack of adequate housing 13 13
Challenges of Urban Renewal Multiple Ownership The lack of adequate housing Preservation of Local vibrancy and characteristics 14
Challenges of Urban Renewal Acquisition AV $ 11,000 p.s.f. Big Difference Tender AV $ 4,000 5,000 p.s.f. Kowloon City 15
Challenges of Urban Renewal Plot Ratio Gain of URA Projects Percentage PR Gain Plot Ratio Gain Decreasing Breakeven Plot Ratio Gain of 100% Year : URA Ongoing or Completed Projects by order of Commencement 16
Challenges of Urban Renewal Construction Price Index (2001-2016) Increase by 40% in the past 5 years 17
18 Challenges of Urban Renewal The private housing target is 18,400 units per year More land parcels for disposal from the government Developers
Holistic Approach 19
Holistic Approach Railway Development Strategy (RDS) Key Development and Redevelopment Areas Hong Kong s Railway Network in 2031 20
Holistic Approach Poor Building Conditions Aged buildings (>50 years) 35.8% 36.6% 38.7% Middle Aged buildings (30-49 years) 26.4% 18.1% 2.5% Young buildings (<30yrs) 2% >55 Building Age <30 Aging 21
Holistic Approach 5 th R : Building Retrofit Restoring Modern Classic Automobile 22
Holistic Approach 5 th R : Building Retrofit - Example in Kennedy Town 23
Holistic Approach 5 th R : Building Retrofit Adding a new lift 24
Holistic Approach 5 elements of Enhanced Rehabilitation Building Structure Fire Services Façade Barrier-free access Energy Efficiency 25 25
Holistic Approach Poor Rehabilitation + Retrofitting = Enhanced Rehabilitation Scheme Building Conditions Aged buildings (>50 years) 35.8% 36.6% 38.7% Middle Aged buildings (30-49 years) 26.4% 18.1% 2.5% Young buildings (<30yrs) 2% >55 Building Age <30 Aging 26
Core Business Rehabilitation Redevelopment Retrofitting Rehabilitation Redevelopment 4R URA s business 5R Revitalisation preservation Revitalisation preservation 27
Core Business Rehabilitation Redevelopment Retrofitting Rehabilitation Redevelopment 4R URA s business 5R Revitalisation preservation Revitalisation preservation 2 core business Redevelopment Rehabilitation URA s business 3 core business Maintenance Redevelopment Rehabilitation 28
Core Business District-based Approach on Redevelopment at To Kwa Wan 29 29
Placemaking Process Placemaking Theme 5R + 3C Strategy 30
31 Placemaking - Overseas Examples by taking away the flyover Cheonggyecheon Boston Big Dig
Placemaking e.g. Marina Bay 32
Placemaking Before What if? After 33
Placemaking East Kowloon Corridor Area with positive impacts 34
Important Urban Planning Objectives 35 35
Important Urban Planning Objectives 36 36
Important Urban Planning Objectives 37 37
Important Urban Planning Objectives 38 38
Important Urban Planning Objectives 39 39
Placemaking Process Smart City Concept Placemaking Theme 5R + 3C Strategy 40
Components of Smart City Smart Mobility Smart Environment Smart Living 41
Resources URA: $10 B Redevelopment Demand-led Projects Loss: $ 2.7 B To Kwa Wan Projects Loss: $ 3 B Rehabilitation Retrofitting Revitalisation preservation 42
Resources URA: $10 B Redevelopment Demand-led Projects Loss: $ 2.7 B To Kwa Wan Projects Loss: $ 3 B 21,000 buildings over 30 years $ 210 B Rehabilitation Retrofitting Revitalisation preservation 43
Resources Combined Residual Plot Ratio Transfer on An Area Renewal Approach Residual PR Residual PR Residual PR Residual PR Existing Sites New Site Rehabilitation/ Retrofitting 44
Resources Plot Ratio Transfer (Residual Plot Ratio) - Overall no change in building volume Residual PR Existing Development New Development Transferring Site Receiving Site Overall no change in building volume 45
Resources Plot Ratio Transfer (Residual Plot Ratio) - Overall no change in building volume Residual PR Residual PR Existing Development New Development Transferring Site Receiving Site Overall no change in building volume 46
47 Social Sustainability Economic Environment
48 Social Sustainability Economic Environment
Collaboration Redevelopment Rehabilitation Private Sector?? % 40,000 existing buildings 49 49 49
Collaboration Redevelopment Rehabilitation Private Sector >80% Private Sector?? % 40,000 existing buildings 50 50 50
Legislative Constraints 51 URA Ordinance
Legislative Constraints 52 URA Ordinance Project-Oriented Focus on Redevelopment
Legislative Constraints 53 URA Ordinance Project-Oriented Focus on Redevelopment Zoning Mechanism inhibits Area Renewal
Collaboration Government Legislature URA Public Sector Private Sector 54
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