TAIPEI (Taiwan News) — Taipei’s Urban Regeneration Office said the city government will expand urban renewal initiatives, promoting both private and public projects with incentives and faster approvals to accelerate redevelopment.
The office said 353 projects were approved over the past three years, a significant rise from the previous period, with the city speeding up reviews, simplifying procedures, and assigning staff to oversee progress, per CNA.
The agency said the government’s “Public-Private Partnership for Renewal and Opportunity” program has launched 39 projects, completed six, and attracted nearly NT$100 billion (US$3.1 billion) in private investment. It has helped advance projects in Zhongzheng, Wanhua, and Datong districts. In Datong’s Siwen Village, a project that took about 50 years of coordination was awarded to Dogreat Construction in July, marking the district’s first publicly led project to secure private investment.
A project in Daan District with about 400 units, mostly occupied by seniors and subdivided into small apartments, is set to open for private investment next year. Another project on Wuxing Street in Xinyi District broke ground in November, the office said.
The city government is also promoting urban renewal around Taipei Main Station, facilitating several public–private development projects. In Nangang District, once an industrial area, 45 hectares have been transformed into commercial and office space through urban renewal.
To support the aging population, the city has raised subsidies for elevator installation in older residential buildings more than 20 years old and under six stories. The agency covers up to 50% of costs, capped at NT$3 million. So far, 78 applications have been submitted, including 14 approved in two Xinyi District communities.
According to the Ministry of the Interior, Taipei has more than 80,000 residential buildings older than 30 years without elevators. Last year, the city eased regulations to speed up installation, allowing approval from a majority of owners within a single building rather than requiring consent from a majority of landowners.
