Florient Rise Explained

Order:ts
T:海桃灣
S:海桃湾
J:hoi2 tou4 waan1
P:Hǎi Táo Wān
Also Known As:Cherry Street Project
T2:櫻桃街項目
S2:樱桃街项目
P2:Yīngtáo Jiē Xiàngmù

Florient Rise (; formerly Cherry Street Project,)[1] is a private housing estate in Cherry Street, Tai Kok Tsui, Yau Tsim Mong District,[2] Kowloon, Hong Kong near Olympic station. It was jointly developed by Nan Fung Group and Urban Renewal Authority (URA) in 2008 and completed the construction in May 2009. It comprises three blocks with a total of 522 units.[3] [4]

History

The Cherry Street Project was among the first batch of redevelopment projects announced by the controversial Urban Renewal Authority (URA) following its 2001 establishment. The site was previously home to old mixed-use buildings. All former residents were evicted.[5] The URA partners with private developers to carry out redevelopment projects. On 22 July 2004, the project was awarded to Nan Fung Development, who beat out eight other developers.[6]

Features

The estate has three residential blocks offering a total of 522 flats.

It also includes a children's-themed shopping centre called "West 9 Zone".[7]

Education

Florient Rise is in Primary One Admission (POA) School Net 32.[8] Within the school net are multiple aided schools (operated independently but funded with government money) and Tong Mei Road Government Primary School (塘尾道官立小學).[9]

Hoi Ming Court incident

There is a residential block called "Hoi Ming Court" in the middle of the construction site of the Cherry Street Project, but Hoi Ming Court was excluded from the redevelopment project due to its young age. Nan Fung Development, one of the project's property developers, tried to acquire the block for the whole redevelopment. However, both Nan Fung and URA thought that the acquisition cost raised by flat owners was too high and finally gave up the acquisition plan. Hoi Ming Court was left in place and Florient Rise was built around Hoi Ming Court.[10]

Notes and References

  1. Web site: Cherry Street Project (Florient Rise) . 20 May 2009 . https://web.archive.org/web/20090429052136/http://www.ura.org.hk/html/c800000e4e.html . 29 April 2009 . dead .
  2. Web site: District Council Constituency Boundaries – Yau Tsim Mong District. Electoral Affairs Commission. 2021-04-23. – Location indicated with its Chinese name
  3. http://www.allbusiness.com/company-activities-management/business-climate-conditions/12288218-1.html SIGNS OF THAW AS LAUNCHES ATTRACT MORE BUYERS ANALYSTS SAY INCREASE IN DEALS MORE A TECHNICAL REBOUND THAN CHANGE INFUNDAMENTALS
  4. Web site: Projects squeeze secondary prices . 20 May 2009 . https://web.archive.org/web/20110604140536/http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=79329&sid=23033796&con_type=1&d_str=20090310&fc=2 . 4 June 2011 . dead .
  5. News: 1,000 to be evicted for flat schemes . South China Morning Post . 9 January 2002 . 4.
  6. News: Sito . Peggy . Nan Fung secures $2b URA residential project . South China Morning Post . 23 July 2004 . 1.
  7. Web site: west9zone. West 9 Zone. 15 May 2018.
  8. Web site: POA2023 Primary School Lists by School Net for Discretionary Places Admission Stage. Education Bureau. 2022-10-13.
  9. Web site: POA School Net 32. Education Bureau. 2022-10-13.
  10. News: 10 November 2005. Demolish our flats too, say owners Hoi Ming Court residents want a ruling to include their property in Tai Kok Tsui redevelopment. South China Morning Post.