repurpose an old railway dorm 結果共1筆

The Taiwan Railways Administration (TRA) plans to repurpose an old railway dormitory in Taipei’s central area, marking its first land development project. The TRA intends to construct a hotel and residential tower on the 1.2-hectare site, with development expected to begin in the third quarter of 2024. The estimated development scale is NT$6.23 billion, with residential tower prices potentially exceeding NT$2 million per ping. The TRA is considering different development methods, weighing the benefits and drawbacks of lengthy renovation processes for greater volume rewards versus faster construction with commercial developers but less building area. The final decision on the development method will be made by the TRA’s board of directors, while the allocation of renovations or joint construction may be outsourced or managed under a lease agreement.