NEWS & EVENTS ONLINE EXCLUSIVE

Land and Development Advisory Committee (LDAC) holds meeting on three major topics

On 19 November 2019, the Land and Development Advisory Committee (LDAC) was briefed by the Policy Innovation and Co-ordination Office (PICO) and the Development Bureau (DEVB) on the Land Sharing Pilot Scheme (LSPS).

The meeting was held to discuss three major topics: the development of a Science, Technology, Engineering, Arts and Mathematics (STEAM) School in Clear Water Bay; the Land Sharing Pilot Scheme (LSPS); and an application under the extended scheme of facilitating private sector’s provision of pedestrian links outside the Kowloon East Pilot Scheme (the Extended Scheme).

The proposed STEAM School is to be located in a plot of partly private (owned by the Shaw Foundation) and partly government land. This school would open some of its facilities such as sports fields, auditorium and exhibition spaces to the local community.

The LSPS scheme is aimed at tapping the market in planning and construction, releasing the development potential of private lots with consolidated ownership, while the rest are intended for public purposes, to boost short-to-medium-term housing supply.

Lastly, the application under the Extended Scheme involves the provision of a subway extension and an accessible lift connecting a new development in Wan Chai to existing developments. Considering that the proposed pedestrian link could benefit the community by improving walkability of the locality, the committee members supported the recommendation to waive the premium payable for lease modifications arising from the proposed link. ― Construction+ Online