Hopewell Holdings
Since the 1970s, Hopewell Holdings has attained many old buildings in the district to use as sites for this redevelopment. Although Nam Koo Terrace was not specifically featured in the development plan approved by the Town Planning Board in 1994; the company has pledged to restore the historic site together with the new Hopewell Centre project. Mr. Thomas Wu, Co-Managing Director of Hopewell Holdings, has stated that: