CEO of New World Development and founder of K11 Group Adrian Cheng has recently unveiled his newest project, 11 Skies, which is expected to be Hong Kong’s largest hub for retail, dining and entertainment when it opens in 2022
A little over a year after opening K11 Musea—the city's newest culture-retail destination in Tsim Sha Tsui, tycoon Adrian Cheng is once again shaking up Hong Kong’s retail scene with his next major project at the Hong Kong International Airport SkyCity complex—11 Skies.
Operated by New World Development and K11, 11 Skies is expected to be Hong Kong’s largest hub for retail, dining and entertainment. The HK$20 billion (approximately US$2.58 billion) project, which is set to open in 2022, will feature a total gross floor of 3.8 million sq ft, including 2.66 million sq. ft. dedicated to dining and retail outlets, 570,000 sq. ft. for experiential entertainment facilities and 570,000 sq. ft. for three grade A office towers operated under K11 Atelier.
11 Skies will also be home to over 800 stores and 120 dining concepts, offering all kinds of entertainment and even access to world-class financial and medical services under one roof, being an unprecedented retail concept in Asia.
See also: Asia's Most Influential: Adrian Cheng, CEO Of New World Development And Founder Of The K11 Group
Located right next to the Hong Kong International Airport, Hong Kong-Zhuhai-Macao Bridge, and Tuen Mun-Chek Lap Kok Link, 11 Skies will benefit from the high volume of passengers who travel via the airport, where a total of 71.5 million tourists annually were recorded before the Covid-19 pandemic. The destination is also within easy reach of 72 million people living in the Greater Bay Area.
“11 Skies will be a game-changer for Hong Kong and the Greater Bay Area”, says Adrian Cheng, CEO of New World Development and founder of K11 Group. “It is the first project that comprehensively combines retail, dining, entertainment, together with wellness and wealth management in one complete ecosystem for people in Hong Kong, Greater Bay Area and the rest of the world.”