Lead8 Co Founder & Executive Director Simon Chua was headline speaker at the 3rd Annual Transit-Oriented Development Asia conference recently held in Hong Kong.
City planners, property developers, transit agencies, transport planners, architects and urban planners from United States, Australia, Netherlands, Malaysia, Jakarta, Japan and Singapore joined the two day conference to discuss the opportunities and strategies in developing TOD models in different cities.
Simon’s presentation on “Creating a new dimension in our city” showcased some of Lead8’s latest flagship TOD projects in Asia and highlighted the current trends in the development of TOD.
“TOD developments forms an integral part of our future as cities and population densify,” says Simon from Lead8. “With more than 230 cities in China reaching a population of over one million by 2030, there are opportunities to integrate our transport environments to create a larger critical mass of communities and place-making through TOD projects”.
Followed by a panel discussion, Lead8 alongside Steve Yiu, Principal Advisor of MTR Corporation and Rahul Mittal, Chief Economist of Cistri, Singapore, engaged in a dialogue to exchange knowledge and experiences to creating successful TOD projects in Hong Kong, Malaysia and China.
“MTR Corporation takes a vested interest in property developments, ensuring the success and sustainability of each development,” adds Simon. “Kowloon Station in Hong Kong, despite a decade old, is a good example where the retail element acts as a vessel for pedestrian connections to capitalise footfall.”
Compared to the Singapore model, where the Land Transport Authority takes the lead to ensure the planning for connections on each developments reaches its best potential, Rahul from Cistri emphasised the need for developers to focus on taking a more strategic approach in finding a unique value for their developments.
How to better integrate TOD with the urban fabric and public realm, offer a better interface and a variety of experiences to suit different markets is a common concern. Poor connections and interchange not only reduce the value of development, but also the usability of public transport. Lead8’s evolution of TOD models demonstrates a way to ensure integration, as well as destinations to maximise the potential of TOD as an interchange and place.
Many of our projects on the drawing board today have a strong transport DNA with cities. We are currently working with Sun Hung Kai Properties on two large scale mixed-use developments in Shanghai. Due to complete in 2022, these projects sets a new TOD benchmark for the city through curating spaces into transport environments.
We believe our approach will deliver a new generation of developments ideally positioned for communities which lead a lifestyle influenced by technology and social media – a TOD place-making strategy for our future customers!