Taipei expands urban renewal after Nvidia's headquarters announcement

news.ltn.com.tw (Chinese)

Nvidia's planned headquarters in Taipei's Beitou-Shilin Technology Park has prompted the city to expand urban renewal efforts by 13.2 hectares. This expansion aims to address potential housing demand and accelerate the renewal process. The Taipei City government is responding to anticipated housing needs by increasing the area designated for urban renewal. The city's Urban Renewal Department has identified 1,232 existing social housing units and the newly added 13.2 hectares, pending approval in July. The expansion follows Nvidia's announcement, which has already increased property values in the area. The city's move aims to streamline the renewal process for property owners within the designated zones.


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