Hoan Kiem District has just submitted a document to the Hanoi People's Committee on assigning the task of preparing a report proposing an investment policy for the Dong Kinh - Nghia Thuc Square expansion project.

According to the People's Committee of Hoan Kiem District, the total area of ​​research and planning to renovate Dong Kinh - Nghia Thuc Square is about 1.2 hectares.

Within the planning scope of the square, there is the "Shark Jaw" building built in the early 1990s, managed by Hanoi Transport Corporation, with a land area of ​​about 390m2 and a floor area of ​​about 1,600m2.

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The "Shark Jaws" building will be demolished before April 30 to expand Dong Kinh - Nghia Thuc Square. Photo: Hoang Ha

According to the detailed planning approved by the City People's Committee in 2021, the Dong Kinh - Nghia Thuc Square land is located in traffic land, and is expected to be used as an underground parking lot; while the "Shark Jaw" building land has the function of public land.

Based on the research plan for the design and planning to renovate Dong Kinh - Nghia Thuc Square and the direction of Hanoi City leaders, Hoan Kiem District plans to demolish the "Shark Jaw" building before April 30.

The district estimates the total investment for the project to expand Dong Kinh - Nghia Thuc Square and demolish the "Shark Jaw" building to be around 18 billion VND. If assigned by the city, the district will take on the role of project investor.

Hoan Kiem District also stated the project preparation time from March to April 2025 and implementation in 2025.

The demolition of 'Shark Jaws' near Hoan Kiem Lake should have been done a long time ago.

The demolition of 'Shark Jaws' near Hoan Kiem Lake should have been done a long time ago.

According to writer and "Hanoi scholar" Nguyen Ngoc Tien, demolishing Shark Jaw and relocating structures around Hoan Kiem Lake is necessary to restore the spiritual energy of Turtle Tower.
Who manages the 300m2 of prime land in 'Shark Jaws'?

Who manages the 300m2 of prime land in 'Shark Jaws'?

The “Shark Jaw” building has a land area of ​​about 310 square meters, associated with the development of Hanoi's electric vehicle industry, currently managed and operated by Hanoi Transport Corporation (Transerco).
Who designed and built the 'Shark Jaws' building?

Who designed and built the 'Shark Jaws' building?

Since the construction of the "Shark Jaws" building, there have been many conflicting opinions with more than 200 articles published about this project. The designer, architect Ta Xuan Van, said he cried because the project was transformed and expanded.