ESR and Chinachem to build Hong Kong's biggest cold storage facility
30% of the site will be slated for greenery.
Asia Pacific real asset manager ESR Group Limited and Hong Kong property developer Chinachem Group announced the development of a prime cold storage and logistics facility in Kwai Chung, a first-of-its-kind and the largest to be built in Hong Kong in the last 20 years.
The facility spans a total of 138,000 sqm GFA with a seven-storey building and two basement-level parking areas. It will be located at the junction of Mei Ching Road and Container Port Road South in Kwai Chung, connecting established road networks to Hong Kong's Central Business District, International Airport, and the border to Mainland China.
It is designed to be built according to the most stringent green building standards. Cutting-edge green and sustainable building features have been embedded in the building design, including a rainwater harvesting irrigation system, 300+ electric vehicle (EV) charging points, photovoltaic (PV) panels, and other renewable energy solutions. Additionally, 30% of the site area is designated for greenery.
The Kwai Chung Cold Storage Logistics Center (Cold Storage) is slated for completion in 2027 with a 50-year lease expiring in 2072.
The Cold Storage will play a major role in pioneering the future of logistics in Hong Kong and consolidating the city's leadership as a regional logistics hub.