Market2 min readAI translation

Public Urban Renewal Contracts Signed for East and South Sides of Tilted Dazhi Building, Bringing In About NT$9,493 Million

The Taipei City Government has signed investment contracts with the Huangchang Furong Cooperative Alliance and Changhong Construction. The two sites will together have 4 residential towers.

Public Urban Renewal Contracts Signed for East and South Sides of Tilted Dazhi Building, Bringing In About NT$9,493 Million
In three sentences
  1. The Taipei City Government has signed contracts with two developers. The public urban renewal projects on the east and south sides of the tilted Dazhi building are expected to bring in about NT$9,493 million in investment.
  2. The two projects will together build 4 residential towers, with a total gross floor area of about 20,162 ping.
  3. Investment in the east site is about NT$4,462 million, and in the south site about NT$5,031 million.

The Taipei City Government said that on October 28, 2026, Deputy Mayor and Taipei Urban Regeneration and Housing Center Chairman Chang Wen-te signed contracts separately with Huang Chung-lei, chairman of the Huangchang Furong Cooperative Alliance, and Li Wen-tsao, chairman of Changhong Construction. The contracts cover the "Dazhi Public Urban Renewal Project" for two sites on the east and south sides of the tilted Dazhi building. The two projects are expected to bring in about NT$9,493 million in investment, with about NT$4,462 million for the east site and about NT$5,031 million for the south site.

The east site will be built by the Huangchang Furong Cooperative Alliance, with 2 steel-structure buildings planned at 19 floors above ground and 4 below, with a gross floor area of about 8,779 ping. The south site will be built by Changhong Construction, with 2 steel-reinforced concrete buildings planned at 24 floors above ground and 4 below, with a gross floor area of about 11,383 ping. Together the two projects will have 4 residential towers, with a total gross floor area of about 20,162 ping.

Chang Wen-te said that after the Kindom Dazhi construction safety incident in September of ROC year 112, the city government stepped in right away with public urban renewal to help build a consensus on rebuilding among 247 households. When the Center first put the project out for investment bids in ROC year 114, no developer submitted a bid. After reviewing the financial structure and bidding conditions, it put the project out for bids a second time in the first half of ROC year 115, and the contracts were signed on October 28.

On construction, the city government said the two sites will use the top-down construction method, thickened diaphragm walls and construction monitoring to reduce the impact of underground excavation on neighboring buildings. The two projects are also expected to obtain Building Energy Efficiency Level 1+ certification, Gold-level green building certification, the Intelligent Building Label and the Seismic Design Label, and will set back from the site boundaries to leave open space that links the school campus and the park.

The rebuilding of the tilted Kindom Dazhi building itself is still at the urban renewal and urban design review stage. The Taipei City Government stressed that Kindom remains responsible for the rebuilding and for compensation for property losses.

What it means for you

Residents living near the tilted Dazhi building may wish to note the measures the city government mentioned, including the top-down construction method, thickened diaphragm walls and construction monitoring. The Taipei City Government stressed that Kindom remains responsible for the rebuilding of the tilted Kindom Dazhi building itself and for compensation for property losses, which is a separate matter from the public urban renewal projects on the east and south sides.

Quick quiz

2 questions; pick an answer to see the explanation

  1. How much investment are the two public urban renewal projects on the east and south sides of the tilted Dazhi building expected to bring in altogether?
  2. What happened when the Center first put the project out for investment bids in ROC year 114?

Image cards

6 cards. Tap to enlarge; save and share with friends

The Dazhi public urban renewal contracts have been signed. Public urban renewal on the east and south sides of the tilted Dazhi building has been signed,
what will be built and how much is being invested?
Nearby residents and the next steps at a glance.
Card 1
What happened?: Contracts signed for public urban renewal on the east and south sides. The contracts were signed on October 28, 2026; the sites are the east and south sides of the tilted building; the east site will be built by the Huangchang Furong Cooperative Alliance; the south site will be built by Changhong Construction
Card 2
Key numbers: The two projects involve about NT$9,493 million in investment. The east site is about NT$4,462 million; the south site is about NT$5,031 million; 4 residential towers in total, about 20,162 ping
Card 3
Who is affected?: Nearby residents should watch construction measures. The city government said it will use the top-down construction method and thickened diaphragm walls; and carry out construction monitoring to reduce the impact of excavation on neighboring buildings; the rebuilding of the tilted building itself is a separate project; rebuilding and compensation remain the responsibility of Kindom
Card 4
What is not yet settled: The urban renewal plans still need to be reviewed. If all goes smoothly, they are expected to be submitted for approval in Q4 2027; the submission covers the urban renewal project and the rights transformation plan; approval is expected in 2029
Card 5
Questions you can ask: 1. If the schedule for submission and approval of the east and south urban renewal projects changes, where will it be announced? 2. For those living nearby, can the results of construction monitoring be looked up or obtained? 3. Which agency can be asked about the review progress of the rebuilding of the tilted building itself? The above is a compilation of public information; please refer to announcements from the competent authority for the actual details.
Card 6

Original:contentplatform.info · We only post summaries and key points. Read the original for the full story.

This week’s news, sorted for you

One Uchily newsletter a week, picking out what actually affects your wallet.

Subscribing creates a Uchily account with this email; open the link in the email to finish. You can unsubscribe from any email.

Games

Real estate jargon, translated into plain words in three choices

The agent says「This one’s in demand. Someone made an offer just yesterday.」What it really means:

Public Urban Renewal Contracts Signed for East and South Sides of Tilted Dazhi Building, Bringing In About NT$9,493 Million · Uchily