Galaxy Entertainment Group will partner with local authorities on the further development of the Lai Chi Vun Shipyards in Coloane, according to multiple media reports.
The head of the Cultural Affairs Bureau, Leong Wai Man, and the vice chairman of Galaxy Entertainment Group, Francis Lui, say the project will initially involve the construction of an exhibition hall, children’s play facilities and a cycling park.
The second phase of the Lai Chi Vun Shipyards will see the development of an ice-rink, urban farm, performance venues, a bookstore and cafés.
The yards – built in the early part of the 20th century for the manufacture of fishing boats – were declared a site of cultural significance in 2018 and have already been partly refurbished, with regular art markets and musical performances.
[See more: More details of the Barra gentrification scheme have been announced]
According to Lu, the project’s first phase should be “basically” completed toward the end of 2024.
Macao’s gaming concessionaires are partnering with the government in a series of urban regeneration projects.
Wynn is set to gentrify the popular Rua da Felicidade and SJM is collaborating with the government on the revitalisation of an area encompassing Avenida de Almeida Ribeiro (also known as San Ma Lo), Inner Harbour piers 14 and 16, the currently mothballed floating casino Macau Palace, and the Kam Pek Community Centre.
Melco Resorts is backing the restoration of Piers 23 and 25, while MGM is giving the Barra district a facelift.
