Yonghe Dingxi MRT Station area public urban renewal project attracts over 20 billion NT dollars in private investment

The Yonghe Dingxi MRT Station area in New Taipei City is set for a major transformation following the successful selection of a developer for a public urban renewal project. The New Taipei City Housing and Urban Development Center announced that Hanting Construction Co., Ltd. has been chosen as the optimal applicant to lead the redevelopment of this 1.67-hectare site.

Hanting Construction plans to invest more than 20 billion New Taiwan dollars (approximately $640 million USD) to construct four buildings, each standing between 28 and 35 stories high. The development will include a mix of residential units, commercial spaces, and vital public amenities such as a daycare center for the elderly, community living spaces for individuals with disabilities, and a public activity center. This initiative is designed to significantly enhance the safety and quality of life in the Yonghe district, an area that has been developing for over 60 years.

The project faces the challenge of integrating diverse needs within a complex property landscape involving 395 households and nearly 450 property owners. The New Taipei City Housing and Urban Development Center has been actively engaged in property assessments, planning, and community outreach since 2023. Through 11 neighborhood meetings and cross-departmental coordination, they have worked to balance resident rights, public facility requirements, and market viability to create a feasible development plan.

Hanting Construction, part of the Han Huang Group, brings considerable local experience to the project, which is expected to yield an estimated total sales value of 40.6 billion NT dollars. The development will adhere to high standards for building safety, energy efficiency, and accessibility, including green building certifications and universal design principles. Furthermore, the project will feature underground parking and a direct connection to the Dingxi MRT station, aiming to create a cohesive and convenient urban environment.