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Joint development of publicly-owned premises of the old Pingtung Tobacco Factory by National Property Administration and Pingtung County Government
To promote the re-use of historical buildings associated with tobacco production operation site located in the old Pingtung Tobacco Factory, the National Property Administration and Pingtung County Government will develop the premises by launching demonstration sites and then expanding the range of such sites gradually. Previously, the re-use of surrounding areas on the 1st floor of Warehouse No.14 in the factory area was implemented first. Recently, demonstration sites in the space on the 2nd floor of Warehouse No.14 and in Warehouse No.19 have been developed in the hope of attracting more cultural and creative industries to occupy the premises, expand the scale of development, and increase successful investment opportunities.
The National Property Administration indicated that the old Pingtung Tobacco Factory has a total land area of about 4.2 hectares, with the zoning of the land being divided into a Type B industrial area, a residential area, a roads, and land for use by administrative authorities, and the number of buildings above ground totals 29. The development in this case covers the space on the 2nd floor of Warehouse No.14 and Warehouse No.19, with a building area of about 1,546 ping and a land area of about 1,130 ping. The Pingtung County Government will invite investments in the development of cultural and creative industries based on lease. It is estimated that the development will attract nearly NT$10 million in private investments, contribute NT$38 million to GDP, and create 40 employment opportunities. During the period of development and operation, it is estimated that nearly NT$8.4 million in rent and NT$3.71 million in tax revenue will be collected to generate income for the treasuries. Now the extension of the invitation for the operation of business for the 1st floor of Warehouse No.14 has been completed and the space is being run by private vendors as a performance space for an arts group. With successful experience in extending an invitation for investment and with the expansion in the number of demonstration sites, it is expected that the chance of success in extending such invitations will increase.
The National Property Administration indicated that the old Pingtung Tobacco Factory has a total land area of about 4.2 hectares, with the zoning of the land being divided into a Type B industrial area, a residential area, a roads, and land for use by administrative authorities, and the number of buildings above ground totals 29. The development in this case covers the space on the 2nd floor of Warehouse No.14 and Warehouse No.19, with a building area of about 1,546 ping and a land area of about 1,130 ping. The Pingtung County Government will invite investments in the development of cultural and creative industries based on lease. It is estimated that the development will attract nearly NT$10 million in private investments, contribute NT$38 million to GDP, and create 40 employment opportunities. During the period of development and operation, it is estimated that nearly NT$8.4 million in rent and NT$3.71 million in tax revenue will be collected to generate income for the treasuries. Now the extension of the invitation for the operation of business for the 1st floor of Warehouse No.14 has been completed and the space is being run by private vendors as a performance space for an arts group. With successful experience in extending an invitation for investment and with the expansion in the number of demonstration sites, it is expected that the chance of success in extending such invitations will increase.
Press Contact: Mr. Lee, Specialist
Tel.: 02 -2771-8121 Ext. 1335
Issuing Unit：National Property Administration
Publish date：2014-12-04
View Date：2014-12-04
Update Date：2014-12-04
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