Strategically located in Hong Kong near the Shenzhen border, the Innovation and Technology Park in the Lok Ma Chau Loop offers space to grow and a proximity to two markets for supply chain, manufacturing capabilities and talent pool.
Upon its full development, the $7.7 billion park will comprise nearly 13 million square feet (1.2 million square meters) over 67 buildings to enhance collaboration among industry, academic and research sectors. It will promote the development of a critical mass of new biotech companies.
The first phase – Batch 1A – consists of two new research lab buildings totaling approximately 345,000 sf, a 61,000-sf “InnoCell” residential building with about 100 temporary housing units and other ancillary facilities.
HERA is analyzing the lab space and grouping the labs based on high-, medium- and low-intensity bandwidths. The building will accommodate early-stage research and development companies that require a small amount of space as well as those needing larger, scalable spaces. Focus areas of the companies will include healthcare technologies; big data and artificial intelligence; robotics; new material; microelectronics; and financial technology.
The ultimate goal of the new park is to attract R&D expertise from around the world to converge in Hong Kong, making it a global leading innovation and technology hub. The park will house high value-added processes including R&D, prototyping, product design and testing.
Laboratory programming, planning and design
Ronald Lu & Partners