A new harbourfront event space featuring exhibitions, performances and pet-friendly facilities will open in Hung Hom next month, after Hong Kong granted a three-year tenancy for the former railway freight pier to a firm with links to mainland China.
The Development Bureau said on Monday that it had granted the tenancy to Bay Area Media, whose parent company is Bauhinia Culture (Hong Kong) Holdings.
The site will be developed into a harbourfront event space and gradually opened to the public in phases starting next month.
Bauhinia Culture, a state-backed enterprise headquartered in Shenzhen and Hong Kong, operates businesses spanning media, entertainment, publishing and financial investments.
It is also the parent company of Phoenix Television, Bauhinia Magazine and bookstores such as Chung Hwa Bookstore, the Commercial Press and JP Books.
The contract was awarded through a “two-envelope” tender system, in which technical proposals accounted for 70 per cent of the overall score and price proposals 30 per cent.
