Hong Kong’s Airport Authority to develop HK$300 million art storage facility

Hong Kong's Airport Authority is partnering with Eythos to develop a HK$300 million art storage facility, set to open next year. The facility will be part of Skytopia, a HK$100 billion expansion of Airport City that aims to integrate commercial activities, popular culture, and art trading. Hong Kong is the world's second-largest primary art trading market, and the authority sees this project as an opportunity to enhance its role as a global hub for aviation and culture. The facility will be built on an existing structure and will provide a platform for the city's art industry. The goal of the project is to create a comprehensive ecosystem that reinforces Hong Kong's competitiveness in the art market.

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