Transforming Cities with Transit

Total Page:16

File Type:pdf, Size:1020Kb

Transforming Cities with Transit Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Transforming Cities with Transit Transforming Cities with Transit Transit and Land-Use Integration for Sustainable Urban Development Hiroaki Suzuki Robert Cervero Kanako Iuchi THE WORLD BANK Washington, DC © 2013 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org Some rights reserved 1 2 3 4 15 14 13 12 This work is a product of the staff of The World Bank with external contributions. Note that The World Bank does not necessarily own each component of the content included in the work. The World Bank therefore does not warrant that the use of the content contained in the work will not infringe on the rights of third parties. The risk of claims resulting from such infringe- ment rests solely with you. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved. Rights and Permissions This work is available under the Creative Commons Attribution 3.0 Unported license (CC BY 3.0) http://creativecommons.org/licenses/by/3.0. Under the Creative Commons Attribution license, you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions: Attribution—Please cite the work as follows: Suzuki, Hiroaki, Robert Cervero, and Kanako Iuchi. 2013. Transforming Cities with Transit: Transit and Land-Use Integration for Sustain- able Urban Development. Washington, DC: World Bank. DOI: 10.1596/978-0-8213-9745-9 License: Creative Commons Attribution CC BY 3.0. Translations—If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank and should not be considered an official World Bank translation. The World Bank shall not be liable for any content or error in this translation. All queries on rights and licenses should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@ worldbank.org. ISBN (paper): 978-0-8213-9745-9 ISBN (electronic): 978-0-8213-9750-3 DOI: 10.1596/978-0-8213-9745-9 Cover photo: Bogota, Colombia; photo taken by Karl Fjellstrom, ITDP (www.transportphoto.net) Cover design: Debra Naylor Library of Congress Cataloging-in-Publication Data Suzuki, Hiroaki, 1951– Transforming cities with transit : transit and land-use integration for sustainable urban development / Hiroaki Suzuki, Robert Cervero, and Kanako Iuchi. p. cm. — (Urban development series) Includes bibliographical references and index. ISBN 978-0-8213-9745-9 (alk. paper) — ISBN 978-0-8213-9750-3 (electronic : alk. paper) 1. City planning. 2. Sustainable urban development. 3. Urban transportation. 4. Land use. I. Title. HT166.S96 2013 307.1’216—dc23 2012045174 Contents Acknowledgments xi About the Authors xv Abbreviations xvii Glossary xix Message to City Leaders in Developing Countries xxii Overview 1 Transit and Land-Use Integration 3 Global Best Cases of Transit and Land-Use Integration 3 Lessons from Case Studies in Developing Countries 7 Toward Transit and Land-Use Integration 14 Core Lessons on Transit Investments and Urban Growth 20 Roles of Development Financial Institutions 21 Conclusion 21 References 23 1. Introduction: Critical Challenges Facing Cities and Urban Transport 25 Expanding Cities, Shrinking Green Space 26 Cities for Cars, Not for People 29 Integrating Transit and Land Use toward Sustainable Urban Development 33 Study Objectives, Framework, and Methodology 42 Structure of This Book 45 Notes 45 References 46 v vi Transforming Cities with Transit 2. Lessons from Sustainable Transit-Oriented Cities 49 Transit and Land-Use Integration in Adaptive Cities 52 Integrating Transit and Land-Use Planning through Adaptive Transit and Bus Rapid Transit 82 Conclusion 89 Note 91 References 91 3. Integrating Transit and Urban Development in Cities in the Developing World 95 Ahmedabad: A City at a Critical Juncture 96 Bogota: Beyond TransMilenio 109 Guangzhou: Adaptive Bus Rapid Transit 129 Ho Chi Minh City: Building a Green Transit Corridor 138 Notes 142 References 145 4. Toward Sustainable Urban Futures 147 Barriers to Integrating Transit and Urban Development 147 The Challenge of Inclusive Transit-Oriented Development 165 Toward Successful Integration: Recommendations 167 Conclusion 189 Notes 191 References 192 Index 195 Boxes O.1 Transforming a vision into a conceptual image of the future metropolis 4 O.2 Articulated versus average density 11 1.1 What is bus rapid transit? 26 1.2 Urban growth in Tehran 27 1.3 Urban expansion in the Jakarta metropolitan area 28 1.4 A tale of two cities: Atlanta and Barcelona 34 1.5 What is transit-oriented development? 37 1.6 Economic cities as ecological cities: The World Bank’s Eco2 initiative 40 3.1 Ahmedabad’s Sabarmati Riverfront Development Project 101 3.2 Ahmedabad’s Town Planning Scheme 105 3.3 Ahmedabad and its bus rapid transit system at a glance 110 3.4 How has Bogota’s TransMilenio affected the built environment? 114 3.5 Bogota and its bus rapid transit system at a glance 130 4.1 Articulated versus average density 155 4.2 How land speculation contributes to sprawl 163 Contents vii 4.3 Reducing housing costs and improving livability in Vancouver 166 4.4 Integrating land-use and transit policy planning in India 170 Figures BO.1.1 Copenhagen’s “Finger Plan” for urban development 4 BO.1.2 Singapore’s “Constellation Plan” for urban development 5 O.1 The Maritime Square residential-retail project developed by the Mass Transit Railway of Hong Kong SAR, China 7 BO.2.1 Importance of articulated density for mass transit 11 BO.2.2 Transit-oriented spatial development in Curitiba and Bogota 11 O.2 A healthy conversation between transit and land-use planning officials 16 O.3 Preconditions for successful integration of transit and land use 18 B1.1.1 Bus rapid transit in Curitiba, Brazil 26 B1.2.1 Aerial views of metropolitan Tehran, 1986 and 2009 27 B1.3.1 Aerial views of metropolitan Jakarta, 1976–2004 28 B1.3.2 Density of metropolitan Jakarta, 1988 and 2011 28 1.1 Actual and projected number of motorized vehicles in the world, 1975–2050 30 1.2 Urban density and transport-related energy consumption in selected cities 31 1.3 Actual and projected global CO2 emissions from the transport sector, 1980–2030 32 B1.4.1 Built-up area of Atlanta and Barcelona, 1990 34 1.4 Urban space taken up by cars, motorbikes, and buses 35 B1.5.1 Key features of the eco-block concept 37 B1.5.2 Transit-oriented development in metropolitan Washington, DC 38 B1.6.1 The Eco2 integrated approach to development 40 1.5 Urban form of Curitiba and São Paulo, Brazil 42 1.6 Study framework 43 2.1 Transit ridership and vehicle kilometers traveled per capita in selected global cities 51 2.2 Population density and transit ridership in selected global cities 51 2.3 Evolution of Copenhagen’s “transit first” plan 53 2.4 Copenhagen’s “finger plan” for urban development 56 2.5 The Maritime Square residential-retail project developed by the Mass Transit Railway of Hong Kong SAR, China 63 2.6 Transformation of Seoul’s Cheong Gye Cheon from an elevated freeway to an urban greenway 66 2.7 Bus rapid transit corridors in central Seoul 67 2.8 Residential property values before and after transformation of Seoul’s Cheong Gye Cheon freeway into an urban greenway 70 2.9 Singapore’s Constellation Plan 71 2.10 Rates of return of private railway corporations in metropolitan Tokyo, 1980–96 75 2.11 Street life near Shinjuku metrorail station, Tokyo 76 viii Transforming Cities with Transit 2.12 Tokyo Station City 77 2.13 Average commercial land values within five kilometers of Shinkansen line stations in Tokyo, 2000 and 2010 78 2.14 “Bull’s eye” concept of rail development in Arlington County, Virginia 80 2.15 Curitiba’s trinary road system 83 2.16 Transitway development in Ottawa, Canada 85 2.17 Passengers per guideway mile in selected North American busway and light rail systems 87 2.18 Ottawa’s Transitway network, including O-Train light rail line linked to busway 88 3.1 Phases I, II, and III of Ahmedabad’s Janmarg bus rapid transit system 98 3.2 Before and after Janmarg at the Anjal station area 99 B3.1.1 International kite festival at the riverfront, 2006 101 3.3 Closed textile mill sites and development progress in Ahmedabad 102 B3.2.1 Land adjustment in Ahmedabad 105 B3.3.1 Map of Ahmedabad, India 110 B3.3.2 Janmarg bus 110 3.4 Phases I, II, and III of Bogota’s TransMilenio bus rapid transit system 112 B3.4.1 Changes in building density in areas of Bogota affected by the TransMilenio 114 3.5 Development at end station of Bogota’s TransMilenio, 1998 and 2011 115 3.6 Distribution of building volume in Bogota by floor area ratio, 2010 117 3.7 Floor area ratio in areas of Bogota affected by the
Recommended publications
  • The Microsoft Technology Centers (Mtcs) Are Collaborative
    Microsoft Technology Center Guangzhou The Microsoft Technology Centers (MTCs) are collaborative environments that provide access to innovative technologies and world-class expertise, enabling you to envision, design, and demonstrate solutions to meet your exact needs. Outstanding Environment The MTCs include a spectrum of purpose built environments to ensure world class learning and development experiences. Industry Leaders The MTCs have formed alliances with industry leaders that provide comprehensive resources, including hardware, software and services for the duration of your team’s engagement. Technology Experts The MTC staff members are experts in Microsoft technology solutions. They’ll work side by side with your team to rapidly find solutions to your technology challenges. Our staff’s experience and in-depth knowledge of Microsoft products and technologies ensure that you benefit from development best practices. The MTCs marshal their premier resources across a variety of offerings including strategy briefing, architecture design session, interactive and hands-on immersion experiences – each of which focuses on a different stage of your organization’s search for a solution. The MTCs focus on the following business needs: . Cloud Platform . Devices & Mobility . Productivity & Enterprise Social . Business Insights & Mission Critical Offerings Strategy Briefing This one-day briefing starts by examining your current IT environment and business objectives. Then it moves into the Envisioning Center, where you’ll see Microsoft solutions in action, through powerful demos and scenarios customized to meet your needs. The day includes mutual discovery, tailored product and technology drill-downs, and expert presentations. It culminates with the delivery of a clear and actionable picture of how Microsoft and partner technologies can help you reach your business goals.
    [Show full text]
  • Japan's New Issue: a Full House Hotspots For
    VIEW FROM THE TOPOP Outrigger aims to be ‘the premier beachfront resort brand in the world’. Bitsy Kelley, PPS 619/02/2013(022926) vice president-corporate communications and a member of the owning Kelley family, tells TTG Asia how the family thinks and operates No. 1721/April 10, 2015 THE STAKES GET BIGGER It’s full-fledged war in Asia’s integrated resorts scene as new players get into the game while existing properties up the ante with fresh attractions Aquis Great Barrier Reef Resort BUDGET THE LEISURE SIDE OF JAPAN’S NEW ISSUE: AUSTERITY CUTS HOTSPOTS FOR GUANGZHOU A FULL HOUSE HURT INDONESIA SERVICED APTS Guangzhou is more than just a busy Having recovered from the twin disasters The Indonesian authorities’ drive to curb Moving beyond traditional economic transport and commerce hub, with in 2011, Japan now faces another wasteful spending by limiting meetings centres, serviced residence operators plenty of attractions that will be of problem, albeit a more welcomed one – outside of government facilities has sent see opportunities in new investment interest to FITs too many tourists, too little infrastructure shudders through the hospitality sector hotspots across Asia-Pacific 10apr ttgAsia p01 CoverGBRxyRHfinal-1.indd 1 6/4/15 5:08 pm 10.04.2015 TTG Asia 2 Contents & editorial Want to read us on the go? Analysis 04 Intelligence 06 View from the top 08 Agency 09 Social 10 Shop 11 Connect 30 12 16 18 22 27 Report: Guide: Serviced Destination: Destination: Destination: Integrated resorts residences China Macau Philippines THE REAL ICON OF SINGAPORE TOURISM he real icon of Singapore tourism is not the chairman of the Centre for Liveable Cities Singapore advi- Tthe Skypark pillared by three towers, or the water- sory board, published in The Straits Times on February 16, spouting Merlion before it, or the Vanda ‘Miss Joaquim’ 2013, Mr Lee spoke about the ingredients of a great city: much earlier.
    [Show full text]
  • Modeling Interstation Travel Speed of Hybrid Bus Rapid Transit Within a Bayesian Framework  Doi: 10.33142/Sca.V2i5.817
    Title: Modeling Interstation Travel Speed of Hybrid Bus Rapid Transit within A Bayesian Framework doi: 10.33142/sca.v2i5.817 Modeling Interstation Travel Speed of Hybrid Bus Rapid Transit within A Bayesian Framework Ji-hua Hu, 1*, Jia-xian Liang2 1 Public Labs Center, Sun Yat-sen University, Guangzhou 510006, China 2 Research Centre of Intelligent Transportation System, School of Engineering, Sun Yat-sen University, Guangzhou 510006, China *Corresponding Author: Ji-hua HU, Ph.D., Public Labs Center, Sun Yat-sen University, Guangzhou 510006, China Abstract Interstation travel speed is an important indicator of the running state of hybrid Bus Rapid Transit and passenger experience. Due to the influence of road traffic, traffic lights and other factors, the interstation travel speeds are often some kind of multi-peak and it is difficult to use a single distribution to model them. In this paper, a Gaussian mixture model charactizing the interstation travel speed of hybrid BRT under a Bayesian framework is established. The parameters of the model are inferred using the Reversible-Jump Markov Chain Monte Carlo approach (RJMCMC), including the number of model components and the weight, mean and variance of each component. Then the model is applied to Guangzhou BRT, a kind of hybrid BRT. From the results, it can be observed that the model can very effectively describe the heterogeneous speed data among different inter-stations, and provide richer information usually not available from the traditional models, and the model also produces an excellent fit to each multimodal speed distribution curve of the inter- stations. The causes of different speed distribution can be identified through investigating the Internet map of GBRT, they are big road traffic and long traffic lights respectively, which always contribute to a main road crossing.
    [Show full text]
  • Taikoo Hui Guangzhou
    FACT SHEET Taikoo Hui Guangzhou Taikoo Hui Guangzhou is a large mixed-use property project developed and operated by Swire Properties. Situated at Tianhe CBD area, Guangzhou, Taikoo Hui comprises a shopping mall, two Grade-A office towers, a cultural center owned by a third party and the Mandarin Oriental Hotel with serviced apartments, with total area around 358,000 sqm (exclusive of the cultural center). Swire Properties aims to develop Taikoo Hui Guangzhou into a commercial complex for leisure, entertainment, business and commerce, culture and arts. Location ὘ At junction of Tianhe Road and Tianhe Road East, Guangzhou Opening year ὘ Shopping mall – 2011 Office – 2011 Hotel & serviced apartments – 2013 Developers ὘ Swire Properties Limited (97%) Guangzhou Da Yang Properties (under the Guangzhou Daily Group) (3%) Architect ὘ Arquitectonica Gross floor area ὘ Premium shopping mall (approx. 138,000 sqm) Two Grade-A office towers (approx. 160,000 sqm) Mandarin Oriental Hotel, Guangzhou • 263 deluxe guest rooms and suites (approx. 55,000 sqm) • 24 serviced apartments (approx. 5,000 sqm) 1 Cultural Centre ὆approx. 52,000 sqm὇ Parking lots ὘ Approx. 700 Accessibility ὘ Direct link to Shipaiqiao Station on Guangzhou Metro Line 3 1 Swire Properties does not own the Cultural Centre ܺԱල὆ࣹࢷ὇ԧ࡙దᬍНՃ ࣹࢷܹ࣊ෲӝܹෲ᡹385ՂܺԱලʷऐ1801ࠉ510620ڎ˗ Taikoo Hui (Guangzhou) Development Company Limited Suite 1801, Taikoo Hui Tower 1, 385 Tianhe Road, Tianhe District, Guangzhou, PRC, 510620 T: (8620) 3815 1388 F: (8620) 3884 8398 www.swireproperties.com No. of ὘ Over 180 (retail or fine-dining outlets) shops/tenants Over 80 (offices) Major brands ὘ LOUIS VUITTON, Hermès, PRADA, CHANEL, Dior, Gucci, DOLCE & GABBANA, Cartier, Bottega Veneta, GIVENCHY, BURBERRY, FENDI, VALENTINO, Giuseppe Zanotti Design, Roger Vivier, Dior Homme, Fendi Man, VERSACE, MIU MIU, GIORGIO ARMANI, Salvatore Ferragamo, Max Mara, MONTBLANC, PIAGET, BVLGARI, Tiffany & Co., Loro Piana, LONGCHAMP, COACH, Victoria's Secret, Tory Burch, I.T, GENTLE MONSTER, Sulwhasoo, OMEGA, RIMOWA, Olé Supermarket, Fangsuo, etc.
    [Show full text]
  • Theaters and Arts Venues 影剧院、艺术场馆
    华南理工大学外国学者来校生活指南 Theaters and arts venues 影剧院、艺术场馆 Fei Ying Movie City 飞影电影城 Address: F2, Century Mart, Dongguanzhuang Lu, Tianhe District 地址:天河区东莞庄路富力院士庭广场 2 楼 Tel: 020-37225388 Business Hours: Weekdays 12:30-22:30; Weekend (including public holidays) 10:00-22:30 营业时间:星期一至五 12:30-22:30;节假日 10:00-22:30 Walk for about 15 mins from Xixiucun neighborhood. 西秀村出发,步行 15 分钟即到 Bailigong Movie City 百丽宫影城 Address: B117, floor B1, tianhuan plaza, Tianhe Lu, Tianhe district 地址:天河区天河路 218 号天环广场 B1 层 B117 号 Tel: 020-38559963 Business Hours: 10:00-0:00 营业时间:10:00-0:00 Metro: Exit B, Tiyu Xilu Station, Line 1 or Line 3; Or Exit A, Tianhe Nan Station, Zhujiang New Town Automated People Mover System (APM), and walk for about 150 meters. 地铁:地铁 1 号线或 3 号线体育西路站,B 出口; 或珠江新城旅客自动输送系统(APM 线)天河南站,A 出口。 Tianhe Movie City 天河电影城 Address: F5, TIanyu Square, Tianhe District 地址:天河路 623 号岗顶天娱广场 5 楼(近地铁 3 号线岗顶站 A 出口) Tel: 020-87576722 Business Hours: 09:50-23:40 营业时间:09:50-23:40 Metro: Exit A, Gangding Station, Line 3. 地铁:地铁 3 号线岗顶站,A 出口。 Fei Yang Cinema 飞扬电影院 Address 1: F4, Northwest Tower, Teem Mall, Tianhe District 地址一:天河区天河城广场内西北塔四楼飞扬电影城 Tel: 020-85596002 020-85591013 Metro: Exit C, Tiyu Xilu Station, Line 1 or Line3; Or Exit A, Tianhe Nan Station, Zhujiang New Town Automated People Mover System (APM), and walk for about 300 meters. 地铁:地铁 1 号线或 3 号线体育西路站,C 出口; 珠江新城旅客自动输送系统(APM 线)天河南站,A 出口,步行约 300 米。 79 Life Guidebook for International Scholars at SCUT Address 2: F7, Grandview Mall, No.288 Tianhe Lu, Tianhe District 地址二:天河区天河路 228 号正佳广场七楼 Tel: 020-85590911 020-85598266 Metro: 1.
    [Show full text]
  • Guangzhou’S Live in Guangzhou and Consequently City Limits and There Is Confusion Among Some Residents Population: Is Also One of the Most Expensive
    Visitor information VISITOR INFORMATION Lay of the land uangzhou is a sprawling city, which occasionally Area: of local government offices too. It is absorbs neighbouring areas. Nansha, for example, 7434km 2 one of the most desirable places to Gonly recently became included in Guangzhou’s live in Guangzhou and consequently city limits and there is confusion among some residents Population: is also one of the most expensive. as to whether Foshan to the west is part of the city. 14.04 million To the west of Tianhe is Yuexiu. For the sake of simplicity, our orientation begins in the Perhaps Guangzhou’s smallest Baiyun district to the north of the city centre. This is where district it is the old heart of the aptly named Guangzhou Baiyun International Airport Guangzhou. On Beijing Road, a is found and so for many will be the first point of entry to popular shopping destination in Guangzhou. Although the airport is roughly 40km from Yuexiu, the remnants of the high the city’s primary district, Baiyun extends all of that way, street that ran through there during encompassing a number of suburban residential districts, the Tang Dynasty (618-907) have been schools and a couple of forest parks. preserved under glass, after they were Baiyun tapers as it heads south towards the city. unearthed during road development. Nestled at its eastern flank is Tianhe district. Tianhe is The area has a long history as Guangzhou’s central business district. However to be more Guangzhou’s central hub. exact the CBD is Zhujiang New Town, an area at the West once again is Liwan, which is southernmost point of Tianhe.
    [Show full text]
  • Free Download
    Spring | 2018 THIRD CULTURE KIDS A LIFETIME GLOBAL JOURNEY Advertising Hotline 400 820 8428 Follow Us on WeChat Now 随刊付赠 城市家 出版发行:云南出版集团 云南科技出版责任有限公司 责任编辑:欧阳鹏 张磊 Urban Family Chief Editor Lena Gidwani 李娜 Assisting Editor Katrina Shi 史碧茜 Copy Editor Matthew Bossons Production Supervisor Jack Lin 林川青 Designer Felix Chen 陈引全 Contributors: AISG students, BSG students, CISG students, CGA students, GNIS students, UISG students, Dr. Nate Balfanz, Myra Williams, Natalie Foxwell, Yuzhou Hu, Erica Martin, Dr. Alfred Chambers, Dr. David Chim, Theresa Kemp, Angelica Almas, Frances Chen, Noel Roberts, Amanda Abel, Darren Simpson, Jason Beadle, Iris Chen, Kendra Perkins, Amelie Renz Operations Shanghai (Head Office) 上海和舟广告有限公司 上海市蒙自路169号智造局2号楼305-306室 邮政编码:200023 Room 305-306, Building 2, No.169 Mengzi Lu, Shanghai 200023 电话:021-8023 2199 传真:021-8023 2190 Guangzhou 上海和舟广告有限公司广州分公司 广州市越秀区麓苑路42号大院2号610房 邮政编码:510095 Rm. 610, No.2 Building, Area 42, Lu Yuan Lu, Yuexiu District, Guangzhou 510095 电话:020-8358 6125, 传真:020-8357 3859-800 Beijing 北京业务联系 电话:010-8447 7002, 传真:010-8447 6455 Shenzhen 深圳业务联系 电话:0755-8623 3210, 传真:0755-8623 3219 CEO Leo Zhou 周立浩 HR/Admin Director Penny Li 李彦洁 National Digital Business Director Vickie Guo 郭韵 Digital Miller Yue 岳雷,Amanda Bao 包婷,Orange Wang 王爽,Yu Sun 孙宇,Elsa Yang 杨融,Jimmy Mi 糜磊 General Manager Henry Zeng 曾庆庆 Operations Manager Rachel Tong 童日红 Finance Assistant Annie Qi 戚婉雯 Sales Managers Celia Yu 余家欣, Justin Lu 卢建伟 Senior Account Executives Wesley Zhang 张炜, Shumin Li 黎淑敏 Account Executives Nicole Tang 汤舜妤, Annie Li 李泳仪,
    [Show full text]
  • Annual Report 2020
    Annual Report 2020 Stock Code: 1972 Contents 4 2020 Highlights 8 Company Profile 9 Financial Highlights 10 Ten-Year Financial Summary 13 Chairman’s Statement 16 Chief Executive’s Statement 18 Key Business Strategies MANAGEMENT DISCUSSION & ANALYSIS 22 Review of Operations 58 Financial Review 65 Financing CORPORATE GOVERNANCE & SUSTAINABILITY 76 Corporate Governance 88 Risk Management 92 Directors and Officers 94 Directors’ Report 101 Sustainable Development AUDITOR’S REPORT AND ACCOUNTS 116 Independent Auditor’s Report 120 Consolidated Statement of Profit or Loss 121 Consolidated Statement of Other Comprehensive Income 122 Consolidated Statement of Financial Position 123 Consolidated Statement of Cash Flows 124 Consolidated Statement of Changes in Equity 125 Notes to the Financial Statements 186 Principal Accounting Policies 189 Principal Subsidiary, Joint Venture and Associated Companies SUPPLEMENTARY INFORMATION 192 Schedule of Principal Group Properties 203 Glossary 204 Financial Calendar and Information for Investors CREATIVE TRANSFORMATION Captures what we do and how we do it. It underlines the creative mindset and long-term approach that enables us to seek out new perspectives, and original thinking that goes beyond the conventional. It also encapsulates our ability to unlock the potential of places and create vibrant destinations that can engender further growth and create sustainable value for our stakeholders. Swire Properties Annual Report 2020 2020 Highlights Published first-ever Completed the sale of Formed a partnership with
    [Show full text]
  • Swire Properties
    Swire Properties Event Venues for Malls 太古地產 商場活動場地 Swire Properties has a significant and growing portfolio of mixed-use projects in Hong Kong and major cities in Mainland China, creating an inspirational living, working and entertainment experience for visitors. Retail centres are enriched by a wide variety of well-equipped event spaces. Year-round activities from renowned music festivals, festive installations to fashion shows and branded exhibitions fill the piazzas, atriums, gardens and halls with excitement and great ambience. Attractive events, shopping excitement, plentiful dining choices and landscaped surroundings make Swire Properties’ malls popular destinations, creating a lifestyle ideal for brands looking for more than just spaces for their events and brand expressions. Whether it is a product launch, fashion season preview, creative exhibition or charitable event, brands will find the perfect location for optimal effect in one or more of the indoor and outdoor venues in the hottest destinations in key cities. Swire Properties’ experienced teams are open to creative ideas and proposals and always welcome cross-cities initiatives. 在香港及內地多個主要城市,太古地產成功建設了多個綜合發展項目,為當地大眾創造了 與別不同的居住、辦公及休閒娛樂體驗。旗下商場均設有配套完善的活動場地,每年,知名 音樂節、節日藝術裝置、時裝表演、品牌展覽在各個廣場、中庭、花園、展廳輪流登場。 精彩的活動、一流的購物享受、豐富的中外餐廳選擇、優美時尚的環境,讓各商場成為城 中人氣據點。對許多品牌來說,這裏不只是一個活動場地或品牌展示空間,更代表了一種 理想生活方式。 無論是產品發佈會、時裝表演、創意展覽或慈善活動,太古地產旗下商場的室內外場地 都可以為合作夥伴提供合適的選擇。經驗豐富的團隊歡迎具創意的構思和合作方案,也 樂意提供巡迴各地活動的協助。 Introduction 簡介 Beijing 北京 Shanghai 上海 Taikoo Li Sanlitun The Opposite House 三里屯太古里 瑜舍 HKRI Taikoo
    [Show full text]
  • Experimental Investigation Into the Cooling Water Distribution Parameters of a Unique Indirect Evaporative Cooler in Subway Station
    International Journal of Science and Research (IJSR) ISSN (Online): 2319-7064 Index Copernicus Value (2015): 78.96 | Impact Factor (2015): 6.391 Experimental Investigation into the Cooling Water Distribution Parameters of a Unique Indirect Evaporative Cooler in Subway Station Yecong He1, Shan Liu2 Department of Building Environment and Energy Application Engineering, Changsha University of Science and Technology, Changsha 410114, China Abstract: Put forward a unique indirect evaporative cooler with rotary cooling water distribution device which is driven by a low-speed motor to solve the installation location problem of the cooling tower in subway station. This study investigates the air parameters of the Guangzhou subway station’s exhaust channel in summer and winter, and optimizes the cooling water distribution method and the heat transfer performance of the indirect evaporative cooler. Results show that moving the cooling tower into the exhaust channel was feasible. Performance tests are conducted on an evaporative cooler consisting of heat exchanger coil that is cooled by a rotary cooling water distribution device, which flank spray cooling water on both sides of the coil. From the orthogonal experiment results, it is found that the air flow parallel to the normal direction of the heat exchanger, the thermal performance of heat exchanger is optimal, the water distribution device’s best speed is 76 rpm, heat transfer performance increase with the mass flow rate of the cooling water and hot water, the cooling water inlet temperature and the air velocity. The increase of the water temperature and the air temperature declined the heat exchange performance, the cooling water inlet temperature change affect the heat exchange performance is the most significant, when the hot water temperature rise from 35℃ to 39℃, the heat transfer performance improved 37.62%.
    [Show full text]
  • Life Guidebook for International Scholars at SCUT 华南理工大学外国学者来校生活指南
    华南理工大学外国学者来校指南 生活 Life Guidebook for International Scholars at SCUT 华南理工大学外国学者来校生活指南 Edition July 2017 2017 年 7 月修订 1 Guidebook for International Scholars --- Life CONTENTS 目录 来华前 BEFORE ARRIVAL 7 Etiquette 1 About Guangzhou 礼仪 …………………………………………………………….12 广州概况 ………………………………………..……………..4 8 Transportation to SCUT 2 Accommodation 抵达学校的交通线路 …………………………………14 住宿 …………………………………………………….…………5 9 Preparation for SCUT TED-style talk 3 Currency 为 TED 形式讲座做准备………………………………18 货币 …………………………………………………….…………7 10 Checklist for your trip 4 Internet and telephone 行程明细单………………………………………………….18 网络和电话 ……………………………………………………8 5 Useful apps 实用的应用程序 ……………………………………… …10 6 Voltage, frequency, and electrical outlets 电压、频率和插头 ………………………………………11 AFTER ARRIVAL 到校后 21 Hospitals 医院……………………………………………………………..68 11 Culture shock 22 Telecommunications 文化冲击 ………………………………….………….……20 通信 ……………………………………………………………71 12 Transportation 23 Mail service and international logistics 交通………………………………………………….…………22 邮政和国际物流 …………………………………………73 13 Campus card 24 Digital copy service 校园一卡通 ………………………………………………35 数码文印服务 …………………………………………….75 14 Meeting venues 25 Churches 会议场馆 …………………………………………..…….36 教堂 …………………………………………………………….77 15 Dining 26 Theaters and arts venues 餐饮 …………………………………..……..…………..…37 影剧院、艺术场馆 ……………………………………..80 16 Festivals and holidays 27 Bars 传统节日和假日 ……………………………..………39 酒吧 …………………………………………………………….83 17 Back to the South Weather 28 Tourist attractions 回南天……………………………………………………….42 旅游景点 …………………………………………………….84 18 Banking service 29 Useful phrases 银行业务 ……………………………………………..….44 常用句型 …………………………………………..………..89
    [Show full text]
  • Guangzhou Check-In Spot 2-Day Trip
    High Speed Rail: Guangzhou Check-in Spot 2-Day Trip Day 1 Itinerary Suggested Transportation Hong Kong → Guangzhou [Hong Kong West Kowloon Station → High Speed Rail Guangzhou South Railway Station (Guangzhounan Station)] Take the Vibrant Express for a comfortable journey. Recommended to stay in a hotel near Haizhu District or Yuexiu Metro: District which is convenient for public transportation From Guangzhou South Railway Station, take the metro to Haizhu District or Yuexiu District. (Total travel time about 40 to 50 minutes) Taxi: About 30 to 40 minutes. Jiangnan Cuisine – A Feast On Taste and Visual Taxi: From the hotel, take a taxi for about 15 to 20 minutes. Famous Chef From Jiangnan China, a renowned restaurant in Guangzhou, is well known for its exquisite taste and strict selection of ingredients. It fully reflects the characteristics of Jiangnan cuisine, which represent freshness and an emphasis on food flavour. In addition to traditional dishes such as sliced roasted duck, crab & fried rice cake, crystal meat and vegetarian goose, other innovative dishes such as fried kale & purple cabbage and Shaoxing wine with stewed squabs are also worth a try. The design of the restaurant is full of elegant Jiangnan charm, allowing you to enjoy the meal with both your taste buds and eyes. Address: M68, Taikoo Hui, 383 Tianhe Road, Tianhe District, Guangzhou 1 The Birthplace of the Most Beautiful Bookstore in On foot: China Walk for about 3 minutes from the restaurant. Fang Suo Commune, located in Tianhe District of Guangzhou, opened in 2011 as the brand's first store. The design concept of the bookstore is derived from "a dojo where everyone can work together".
    [Show full text]