Henderson Land launches Central Yards to redefine HK's urban future
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Henderson Land Development Company has unveiled Central Yards, a sustainable mixed-use development on the New Central Harbourfront. Spanning over 1.6 million square feet of gross floor area, this visionary project is poised to become a global landmark—a symbol of urban innovation and sustainability for Hong Kong and the world. Phase one is scheduled for completion in 2027, with phase two following in 2032.
At the heart of Central Yards lies a powerful design concept: “The bridge.” This iconic groundscraper, stretching approximately 400 metres along Victoria Harbour, forms Central's longest architectural structure, introducing a new horizontal skyline that unites the cityscape with the sea.
Central Yards is the result of a visionary collaboration between Henderson Land and an esteemed collective of global design and architectural studios. These include Hong Kong’s Lead8, London-based AL_A led by Amanda Levete, the Netherlands’ UNStudio, California’s Peter Walker and Partners, Speirs Major from London, and other creative leaders. Together, they have envisioned Central Yards as a unifying spine—seamlessly connecting Central’s diverse neighbourhoods to the waterfront.

The development will feature over 700,000 square feet of premium office and ancillary space, featuring the largest office floorplate in Hong Kong’s CBD — designed for modern headquarters and innovation‑driven financial organisations. According to the company, more than 70% of phase one office and ancillary space has been leased, with the remaining areas attracting strong interest from leading multinational companies, underscoring the development’s unique positioning as a new financial hub.
A new era of retail and placemaking
Central Yards is defined by its large scale of open space and its commitment to people‑centric, biophilic urban design. At its heart is Central’s largest sky garden rich in urban biodiversity — an approximately 300‑metre elevated landscape of over 160,000 square feet that offers a lush, immersive experience above the city and creates a balanced environment for people and habitats.
Over 300,000 square feet of multi-level open green space, integrated with innovative design features such as Urban Windows, optimises the microclimate by channelling fresh air and daylight through the development. Planted with more than 400 trees and 280 plant species, Central Yards offers a unique place for public gathering, events and everyday enjoyment.

Envisioned as a “city within a city”, Central Yards puts placemaking at the core of its retail vision for the new generation. Phase one, spanning over 300,000 square feet, introduces a street‑first, promenade‑led environment that seamlessly merges indoor and outdoor realms. Purpose‑designed maisons with open terraces and duplex concepts elevate the brand experience, redefining the future retail journey.
Championing the spirit of hybridity, Central Yards unites first‑to‑market brands and labels, homegrown innovators, and signature al‑fresco dining in a dynamic mix of experiences. Its vibrant public realm—anchored by twelve outdoor event spaces enlivened by pop‑up kiosks, cultural markets, and seasonal festivals—will transform the harbourfront into a round‑the‑clock hub of energy and engagement. Designed to inspire connection and discovery, Central Yards invites locals, Central community, and global travelers to experience Hong Kong’s urban pulse in a bold new way.
Furthermore, Central Yards will introduce Hong Kong’s one-and-only private Broadway‑calibre theatre, establishing an iconic cultural anchor along the harbourfront. This state‑of‑the‑art venue, designed and engineered to international specifications — from stage design to back‑of‑house facilities and lighting systems — offers seating for over 1,100 guests and is fully equipped to host a broad spectrum of world‑class performances, from global premieres and flagship concerts to immersive productions and cross‑disciplinary showcases.
Envisioned as a new cultural gateway, the theatre will bring top‑tier global productions to Hong Kong while celebrating local talent and stories on an international stage.
Martin Lee Ka Shing, chairman of the group, said: “Deeply rooted in Hong Kong, Central Yards is born from our commitment and love for the city we call home. As a vibrant hub where the treasures of life – nature, culture, joy and ambition come together, Central Yards turns Hong Kong into the world’s grandest stage for future generations.”
“Since day one, we set out to push boundaries to lead world-class sustainable designs and innovations. From crafting Central’s largest sky garden for urban biodiversity, to pioneering design innovations for its microclimate, this development embodies our vision of how global cities must evolve – placing people, sustainability, and innovation at heart. This unique vision redefines what is possible for Hong Kong. Central Yards is our expanded horizon to the world, shaping Hong Kong’s new chapter,” added Lee.
MARKETING-INTERACTIVE has reached out to Henderson for more information.
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