(Hong Kong – 11 July 2019) – K11 Group, a unique concept brand pioneered by cultural entrepreneur Adrian Cheng that combines art and commerce in commercial and residential real estate in Greater China and around the world, today announced its latest development K11 ATELIER King’s Road was granted the Occupation Permit, four weeks ahead of schedule, and the premises will be handed over by the end of 2019. The iconic mixed-use office complex is strategically located at the heart of Island East, Hong Kong SAR, spanning a gross floor area of 440,000-square feet and towering 22 floors.
Being well connected to every corner of the city by the Central-Wan Chai Bypass and next to Quarry Bay MTR station, the innovative office complex is ready to offer an inspiring environment and interconnected ecosystem to the next-generation workforce that values creativity and work-life integration.
K11 ATELIER King’s Road has attracted some of the world’s most prestigious global companies and top brands from Central and Island East. Over 220,000 square feet of the complex have been pre-leased, nine floors of which are occupied by an anchor tenant which is a Fortune 500 multinational corporation. Monthly rent has been striking close to HK$60 per square foot, bolstering the position of K11 ATELIER King’s Road as one of the most sought-after office addresses in Hong Kong.
Dr. Adrian Cheng, K11 Founder and Executive Vice-Chairman of New World Development said, “We are excited to launch the first Vertical Creative City in Island East that seamlessly combines art, people and nature into one integrated ecosystem, reinventing the modern work space for the next-generation workforce. This brand new concept redefines the design, purpose and culture of workplaces, fostering a community of entrepreneurs, creative minds and disruptors. We are also proud to introduce the first office tower in the world that achieves the highest green and healthy building standards and brings sustainability in the workplace to life.”
Committed to improving environmental health and personal well-being of building users, K11 ATELIER King’s Road is also the first building in the world to achieve all Platinum levels of the WELL Building Standard™ Pre-certification, Hong Kong BEAM Plus Provisional Certification and the U.S. LEED® Pre-certification. The project offers over 40 wellness and sustainability features ranging from indoor air and water quality above World Health Organization standards, fitness facilities, healthy dining options, to leisure activities focused on personal growth and mindful living. Tenants at K11 ATELIER can also participate in K11 ATELIER ACADEMY programmes around wellness, culture, creativity, innovation, leadership and team-building activities. Tenants also have the option to sign-up for the “Sustainable Tenancy Pledge” that offers voluntary guidelines on sustainable fitting-out and operation, WELL™ and LEED® interior certification checklists, and smart metering for energy efficiency.
After a presence in Victoria Dockside in Hong Kong, Shanghai and Guangzhou, K11 ATELIER King’s Road is the fourth project of the new K11 office brand. Future plans are underway to bring this innovative workspace concept to Beijing, Ningbo, Shenzhen, Tianjin and Wuhan over the next few years. K11 ATELIER now comprises over 12 million square feet of premium office space across Greater China, continuing to promote an innovative culture and a more sustainable and higher standard of workspaces for all.
For latest news of K11 ATELIER King’s Road, please visit https://www.k11atelier.com/hk/kings-road/
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About K11 Group
K11 Group was founded in 2008 by renowned cultural entrepreneur Adrian Cheng. The unique concept brand combines art and commerce in commercial and residential real estate, and a growing portfolio of brands across different sectors in Greater China and around the world.
Marking its 10th anniversary, K11 Group announced its most ambitious Cultural-Retail development K11 MUSEA in June 2018, situated at the heart of the new $2.6bn Victoria Dockside art and design district developed by parent company New World Group in Hong Kong, scheduled to fully open in 2019.
In addition to its flagship K11 Art Malls, K11 Group also operates K11 ATELIER, a network of office buildings for the next-generation workforce; luxury residences for worldly travellers K11 ARTUS; open education platform K11 Kulture Academy; Art and Nature themed zone K11 Natural; consulting and market research institution K11 Chinese Millennials Taskforce; K11 Art Foundation, China’s first not-for-profit to incubate Chinese artists and curators; K11 Craft & Guild, a foundation which exists to preserve traditional Chinese crafts and bring them into the future.
K11 Group is based in Hong Kong and has operations in Greater China, as well as investments in Europe and the US.
Through K11 Group, Cheng’s stated aim is to enrich the new consumer’s daily life through the power of creativity, culture and innovation. This work will create a new global identity for Chinese millennials as well as cultivate opportunities for communities to thrive, connect, work and shop. By 2024, K11 Group will have gained a footprint in 36 projects (total GFA 30million sq ft) in nine cities across Greater China. K11 was honoured by Fast Company as one of the most innovative companies in 2019 for its disruptive retail model.
K11 ATELIER Florence Lee | florencelee@K11.com | +852 3110 5659
K11 Corporate Communications Crystal Chan | crystalchan@K11.com | +852 3892 3400