The Archive · 1929

New Development Central

Large Transaction for New Building Scheme What is regarded as a deyelop~ ment in the Central District which will be of prime importance to the Settlement has been made public by Messrs. E, D. Sassoon Ca., who announced their acquisition of the corner of Kiangse and Foochow Roads, diagonally opposite the Municipal Building. On the site will be erected a modern 14-storey build= ing containing shops, offices, showrooms, ete., on, the lower floor ant self-contained apartments of one and two rooms each on the higher floors.

The deal is said to have involved approximately Tis, $60,000 and the wokers were the China Realty Ca, Fed, Inc., U.S.A.

The new building will very likely be called Hamilton House which name will be taken from the propos: ed new building on the north corner on whick work has already started through the denioli ings now occupy

Text read from the printed page and cleaned; old type leaves the occasional error.

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