OCT To Build High-End Seaside Complex in Shekou's Fisherman's Wharf
03 Feb 2018
The Urban Renewal Bureau of Nanshan District recently issued a publication showcasing renovation plans for Shekou's Fisherman's Wharf. In the publication it was announced the project has been awarded to Shenzhen Overseas Chinese Town Xinxi Development Co., Ltd (深圳华侨城新玺发展有限公司); a partnership between the OCT group and Shenzhen Xinxi Investment Co., Ltd.
The area covered in this project in the Shekou Street West Bank is located at the south end of Shekou Street, Nanshan District, east to Nanhai Rose Garden Three, south, west, and north to the sea. It is 4.0 km away from the center of Houhai, 6.5 km away from the Qianhai central area, and 1.6 km away from the Sea World and Taizi Bay. This area has well established and convenient transportation through the surrounding Wanghai Road, Nanhai Avenue, Houhai Avenue and other urban roads as well as metro Line 2. The significant transformation of the Wanghai Road Expressway, the big Nanshan Tunnel and the Metro Line 12 (which connects the entire western industry belt) are expected to have a positive impact to Shekou traffic conditions and on the economic development of the area as well.
This project, referred to as the Fisherman's Pier Renewal Project, is part of the Fifth Shenzhen Urban Renewal Plan of 2012. The area was owned by Shenzhen Fisherman Pier Commercial Co., Ltd., who has signed the agreement of relocation, compensation and settlement with OCT Xinxi Company, and has transferred the related rights and interests of the area to the OCT Xinxi Company.
The demolition area is 29,000 ㎡, 25,000 ㎡ of which is the area of developmental construction. Last year, the Nanshan District Authority issued a draft plan for renewing the area, famous for its lighthouse, fishing boats and seafood, to include an ocean theme museum. The draft plan shows an area of development and construction of 25,147.7 ㎡, with the building area having 176,790 ㎡ in floor space; including 124,950 ㎡ for commercial, office and hotel, 51,780 ㎡ for business apartment, 60 ㎡ for public facilities (one public toilets) and an underground area of 8,000 ㎡ for commercial use; including the Ocean Theme Museum of 1800 ㎡. Additionally, the plan includes three super high buildings for commercial offices, apartments and hotels. The plan's aim is to build up a coastal complex of super office buildings , super five-star hotels, and super-top apartments.
Today the area is still the fishing and seafood markets and fishermen continue to work as usual. No timeframe for commencement of the project was provided in the announcement aside from stating that the demolition phase is not far off.
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