Reported about 1 year ago
The idea of '1 square meter for 1 square meter' in urban renewal proposed by former Taipei mayor Hau Lung-bin is now considered a myth by the construction industry, with difficulties in implementation due to rising construction costs. The Vice Mayor of Taipei, Lee Szu-chuan, admits that removing this 'curse' is the biggest challenge in urban renewal integration. The aftermath of the 403 Hualien earthquake may trigger a wave of urban renewal, especially for the 72% of buildings in Taipei older than 30 years. The article discusses the complexities and challenges faced in realizing the '1 square meter for 1 square meter' concept in urban renewal projects across Taipei.
Source: YAHOO