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COMPASS MAGAZINE > October 2010
 

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Taichung City Government Investments

Taichung City Government Investments

Taichung City Government Investments

Words by Industrial Development & Investment Promotion Committee of Taichung City
Translated by Naomi Lai

No. Items Content Method Contact
Taichung Gateway
Park City —

1. Gateway Complex
(20 hectares)
1. Conference & Exhibition Center: 5,000-booth capacity
2. Transportation Hub: 186,000m2
3. Shopping Center: 442,000m2
4. Hotels: Approximately 600 rooms
*Estimated Investment: NT$30 billion
*Construction Period: 2011~2014
*Investment returns:
1. Estimated daily crowds of 40,000+ during exhibition times.
2. Development into a major Central Taiwan business/
commercial hub by integrating a shopping center, hotels,
conference & exhibitions Center and transportation hub.
BOT Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443

Taichung Gateway
Park City —

2. Boutique Avenues
(18 hectares)
1. Boutique street
2. Department stores
3. Taichung Boulevard
*Estimated Investment: NT$80 billion
*Construction Time: 4 years
*Investment returns:
1. The Boutique Avenue will be the only commercial district in Taiwan that
integrates international boutiques and flagship stores. This promises to
attract large numbers of tourists.
2. With a location near Gateway Park and the Gateway Complex, it will
develop into an important shopping and recreational spot for Taiwan.

BOT Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443

Taichung Gateway
Park City —

3. Real Estate (27 hectares)
1. Eco Community Development
2. Gateway Park residential areas
*Estimated Investment: NT$56 billion
*Construction Time: 4 years
*Investment returns:
1. High projected returns from real estate development due to a location
near Gateway Park, comprehensive living facilities and convenient
transportation.
2. This community, integrating eco-friendly concepts, culture and creativity,
will become a model for New Urbanism.
BOT Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443

The former Taichung City Hall will be redeveloped into a
fashionable cultural district by the private sector after the
government relocates to the new city hall. The
redevelopment will include:
1. Garden restaurant
2. Fashionable, cultural historic bar
3. Traditional toys street
4. Creative market
*Size: 22,350m2
*Construction Period: 2011~2014
*Investment: NT$2.5 billion
BOT Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443

Zhen Nan Recreational
Area-
Multi-functional
entertainment zone,
shopping center and hotels
1. Amusement park, multi-functional entertainment facilities, cinemas, etc.
2. Large-scale shopping centers, supermarket, department stores and hotels.
*Size: 50 hectares
*Investment: NT$163.5 million
*Development period: 2013~2017
*Investment returns:
1. As part of the HSR living circle, will attract large numbers of consumers.
2. Will boost Taichung City's entertainment business.
3. Estimated returns: NT$10 billion
BOT Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443

Zhen Nan Recreational
Area-
Popular music center
*Size: 3.54 hectares
*Investment: NT$8.3 billion
*Development period: 2013~2015
*Investment returns:
1. Provision of adequate performance spaces in Taichung.
2. Pop culture displays and performances in Taichung, helping local residents better
appreciate and enjoy popular culture.
3. Estimated 100,000 participants for each event.
BOT Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443

1. Large businesses, entertainment and shopping areas.
2. Commercial spaces
3. Theme hotel
*Size: 28 hectares
*Investment: NT$102 billion
*Development time: 2009~2013
*Investment returns:
1. Convenient transportation resulting from location at the crossroads of the HSR,
Taiwan Railroad and mass rapid transit networks.
2. Location of new City Hall will boost administrative/business services, helping to bring
people back into this area.
BOT Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443

Metro-style
elevated railroad
tracks and
development of
Taichung Train
Station—

Elevated Railroad
1. Moving the railroad tracks above the streets.
2. Redevelopment plans for the Train Station (4 areas).
3. Train Station Redevelopment Plan (5 areas).
*Size/length: 21.18km
*Investment: NT$28.7 billion
*Development period: 2009~2014
*Investment returns:
1. Convenient commuter transportation after completion.
2. Passes through Taichung City areas with the highest density, leading to
high passenger flows.
3. Will boost land values nearby with future investment options.
BOT Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443

Metro-style
elevated railroad
tracks and
development of
Taichung Train
Station—

Taichung City
Government

1. Transportation hub
2. Department stores, entertainment facilities, business buildings
*Size: 20 hectares
*Investment: NT$80.8 billion
*Development period: 2009~2014
*Investment returns:
1. The integration of Taiwan Railroad, MRT system, city buses and inter-city
buses will create the most important transportation hub for Central Taiwan
cities.
2. Located near Taichung's historic old town areas and colorful shopping
districts, with the nearby Railway Cultural Park and TADA Center. This will
help attract more business via integration with tourism activities.
3. A model area for older city districts.

BOT Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443

1. Providing local area with conceptual plans for future gymnasium,
recreational activities, residents, commercial district.
2. This is a Multi-Purpose Physical Education University with gym, recreational
areas, commercial areas and public infrastructure.
*Size: approximately 10.56 hectares
*Investment: NT$2.2 billion
*Development time: Contracts available after July, 2011
*Investment returns:
1. Development of a "Urban Green Valley " via urban renewal. The Taichung
railroad elevation project and launch of the MRT green-line service will
boost development of this area and nearby areas.
2. 10,000 pings of residential 2 & 3 land.
  Anna Wang, Director Industrial
Development and Investment
Promotion Committee of
Taichung City
Tel: (04) 2222-6443