The Hong Kong Science & Technology Parks Corporation is developing a smart living initiative next to the Science Park that is the InnoCell project, which will provide local and overseas technology talent with suitable space for living and exchange.
     InnoCell tenants will live in fully furnished units that contain a work station, smart furniture, bathroom, kitchenettes, wall storage and custom cabinetry. They will also be provided with other common facilities such as music and game rooms, a gym and laundry mart, as well as shared working space to facilitate their interaction and collaboration, creating an atmosphere favourable to the development of innovation and technology (I&T).
     There are four types of units in the 17-storey building which aims to provide around 500 residential units. The solo studio, twin studio and co-living studio are about 248 sq ft, while the suite, including accessible unit is about 496 sq ft.
     The proposed monthly rent for an InnoCell unit will be set at about 60% of the market rent of unfurnished property of similar quality in the nearby area. The rental level also takes into account the affordability of the applicants.
     The building is the first pilot project in Hong Kong to adopt Modular Integrated Construction (MiC) technology incorporating the concept of “factory assembly followed by on-site installation”.
     To further foster the development of the city’s I&T ecosystem, the Government supported the corporation to build the InnoCell. Construction started earlier this year and is slated for completion by the end of 2020.