Exchange Square (Hong Kong)

Infobox Skyscraper
building_name = Exchange Square
交易廣場


caption = One and Two Exchange Square by day on 21 June 2008
year_highest =
year_end =
plural = yes
location = Flagicon|Hong Kong Hong Kong, China
coordinates = coord|22|17|2|N|114|9|30|E|region:HK_type:landmark|display=inline,title
status =
groundbreaking =
constructed = ? - 1988
est-completion =
opening =

Phases 1 & 2

1985

Phase 3

1988

demolished =
destroyed =
use = Office
antenna_spire =
roof = 188 meters
top_floor =
floor_count =

Tower 1

52

Tower 2

51

Tower 3

33

elevator_count =

Towers 1 & 2

22 + 2

Tower 3

12

cost = Whole project:
US$256,410,257
floor_area = Total:
convert|130680|m2|sqft|0|abbr=on
architect = Palmer & Turner
engineer =
contractor = Gammon Construction
developer = Hong Kong Land
owner = Hong Kong Land
management =
references = cite web
url = http://www.emporis.com/en/wm/cx/?id=exchangesquare-hongkong
title = www.emporis.com - Exchange Square
accessdate = 2007-09-13 ]

The Exchange Square (Chinese: 交易廣場) is a building located in Central, Hong Kong. It houses offices and the Hong Kong Stock Exchange. It is served by the Central and Hong Kong stations of the MTR metro system.

Most part of the Exchange Square is owned by Hong Kong Land, with the remaining portions owned by the American Club of Hong Kong and the Government. The building has three blocks, namely, "One Exchange Square", "Two Exchange Square" and "Three Exchange Square", and a shopping block, namely, "The Forum".

The property is the home of the Stock Exchange of Hong Kong since the 1980s. It also houses many international banking and law firms including Morgan Stanley, Credit Suisse, Freshfields Bruckhaus Deringer, Allen & Overy and Allens Arthur Robinson. It is also home to the consulates in Hong Kong of Argentina, Canada, Japan, and the American Club of Hong Kong.

Plot

Hong Kong Land tendered the Government for the plot for $4.76 billion in February 1982, when the market was at a record high. Prices subsequently dropped, necessitating its debt to be restructured. In February 1983, HKL obtained an eight-year loan of $4 billion, a record. In December 1983, it announced that the plot was to be mortgaged to secure a $2.5 billion loan facility. [Lau Wai-kong, [http://sunzi1.lib.hku.hk/newspaper/view/12_07.01/117352.pdf $2.5B STANDBY FACILITY - Land mortgages Phase One of Exchange Square] , The StandardDecember 9, 1983] The second instalment of $2 billion on the plot was due in the financial year 1984/85 [Michael Blendell, [http://sunzi1.lib.hku.hk/newspaper/view/06_06.01/97656.pdf Bark worse than his bite] , South China Morning Post, March 1, 1984]

Phase three

Development cost HK$750m, 32 storey convert|322000|sqft|m2|-2|sing=on office tower, convert|32000|sqft|m2|-2|sing=on mall, substructure contractor Gammon Hongkong [John Mulcahy, [http://sunzi1.lib.hku.hk/newspaper/view/04_08.01/110313.pdf Hongkong Land plans third tower] , South China Morning Post, January 29, 1985]

Gallery

ee also

* List of buildings and structures in Hong Kong
* List of skyscrapers
* List of buildings

References

External links

* [http://www.hkland.com/commercial_property/hongkong_properties/exchangesquare1and2/index.html Exchange Square]