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South China Morning Post
South China Morning Post
AsiaPac · 4 hrs ago
72◉ Centre
The real story of 11 Skies is not about a failed shopping centre
72Quality
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AI Analysis
Quality 72/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

The 11 Skies retail and entertainment complex near Hong Kong's airport faces restructuring as the Airport Authority considers taking majority control from its private developer, raising questions about who bears financial responsibility for a project built on outdated assumptions about consumer behaviour.

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The real story of 11 Skies is not about a failed shopping centre
Few things age faster than a business plan built for a world that no longer exists. That may be the most important lesson from the saga of 11 Skies, the vast retail, entertainment and commercial complex beside Hong Kong International Airport that now appears destined for a dramatic reset. Reports that the Airport Authority could take majority control of the project from its private developer have triggered debate over who should bear the cost and who made the wrong bets. The real story of 11...
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