Jul 04 2018, 4:30 AMJul 04 2018, 1:59 PMJuly 04 2018, 4:30 AMJuly 04 2018, 1:59 PM
Chinese property billionaire Adrian Cheng, VC of New World Development, has launched his latest art and culture destination. Victoria Dockside on Hong Kong's waterfront covers three million sq ft and has been 10 years in planning. The project cost $2.6bn and the site is now valued at $10bn-$12bn. Cheng opened his first art mall concept in 2009, combining shopping with art. He took the idea to four more cities, including Shanghai, where his K11 centre has featured exhibitions from Monet to Dali. Cheng's ethos is "to create an ecosystem of carefully curated elements of art and culture".