KTD meaning in Community ?
Answer: What is Kai Tak Development mean?
The Kai Tak Development (Chinese: 啟德發展計劃), abbreviated as "KTD" and formerly called South East Kowloon Development (東南九龍發展計劃), refers to the redevelopment of the former Kai Tak Airport site in Kai Tak, Kowloon, Hong Kong.
After the airport relocated to Chek Lap Kok in 1998, the Hong Kong government planned for urban development on the old airport site. The plan calls for a multi-purpose sports complex, a metro park, the Kai Tak Cruise Terminal, a hotel, a housing estate, and commercial and entertainment construction projects over an area of more than 328 hectares (810 acres). The plan also covered nearby development in areas including Ma Tau Wai, Kowloon City, San Po Kong, Kowloon Bay and Kwun Tong.
The planned population is 86,000 people, accommodated in 30,000 housing units, including 13,000 constructed as part of public housing estates. The total gross floor area is over 14,400,000 square feet (1,340,000 m2) with over 110 hectares (270 acres) of open space. The total cost for the development is about HK$100 billion.
After several years of planning and discussion, and the decision of a judicial review on Central and Wan Chai Reclamation, the Hong Kong government restarted KTD review and planning in 2004. The Executive Council passed the revised development plan and restarted the project. According to the development plan, the first stage projects finished in or before 2013. The second stage projects will be finished in or before 2016 and the final stage projects will be completed in or before 2021.
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