Developers Roxy Limited, the wholly owned subsidiary of New World Development Company Limited, will build facilities in line with the airport's plans to make SKYCITY a major retail, dining and entertainment (RDE) venue.
The handing over of the keys to Site A2 today follows a similar ceremony in May 2018 when airport operator, Airport Authority Hong Kong (AAHK), handed over Site A3 to Roxy Limited.
AAHK CEO, Fred Lam, said: “We are thankful for the government’s full support to the aviation industry and airport development in recent years, making it possible for us to formulate and implement the vision to transform HKIA into an Airport City, including the SKYCITY development which crosses another milestone today.
"I hope that different sectors of the community will work together with us and the Government to continue focusing on Hong Kong’s overall economic development.”
The 25-hectare SKYCITY is located just a short stroll from HKIA’s passenger terminals, and is conveniently accessible by rail, road and a network of footbridges.
Scheduled to be opened in phases from 2023 to 2027, the RDE facilities being developed by New World Development will take up a maximum gross floor area of 350,000 square metres.
Leveraging state-of-the-art technology and creativity to develop unique dining, entertainment and retail elements, and combining experiences in learning, exploration and adventure, the project is poised to be the largest facility of its kind in Hong Kong.
SKYCITY enjoys a strategic location of neighbouring the Hong Kong-Zhuhai-Macao Bridge which has significantly enhanced the connectivity of HKIA with 10 other cities in the Greater Bay Area.
With an investment of HK$20 billion by New World Development, the RDE facilities in SKYCITY will introduce an array of leading international 'technovation' brands to the city that is set to disrupt the concept of entertainment.
According to AAHK, this means that it will offer some brand new experience-based entertainment, such as Hong Kong’s first indoor and outdoor kart track, AR and VR interactive game facilities and kids experiential zone.
Under the theme of novel learning, exploration and adventure experiences, the RDE facilities will provide an extraordinary 'edutainment' experience for both adults and children.