It is a redevelopment project by Swire Properties which will further elevate Taikoo Place's status as a world-class commercial hub. A key highlight of the redevelopment is the addition of two triple Grade-A office towers, each spanning a gross floor area of 93,000 sqm. The first tower, "One Taikoo Place", is expected to be completed in 2018.  Both buildings will be linked to the existing eight office towers at Taikoo Place by elevated, air-conditioned walkways and surrounded by landscaped gardens with cascading water features and alfresco dining areas. Additional outstanding features will include the creation of "Taikoo Square" and "Taikoo Garden", which will provide a total of 6,410 sqm of open space for the enjoyment of the community.