Hanoi plans to spend 18 billion VND to demolish the 'Shark's Jaw' structure and expand the square.

Hoan Kiem District ( Hanoi City) estimates the total investment for the project to expand Dong Kinh - Nghia Thuc Square and demolish the "Shark's Jaw" building to be approximately 18 billion VND.

Hoan Kiem District has submitted a proposal to the Hanoi People's Committee requesting the task of preparing a report proposing the investment plan for the expansion of Dong Kinh - Nghia Thuc Square.

According to the Hoan Kiem District People's Committee, the total area for the planning and renovation of Dong Kinh - Nghia Thuc Square is approximately 1.2 hectares.

Within the planning area of ​​the existing square, there is a building called "Shark's Jaw," constructed in the early 1990s and managed by the Hanoi Transport Corporation, with a land area of ​​approximately 390m2 and a usable floor area of ​​approximately 1,600m2.

The "Shark's Jaw" building will be demolished before April 30th to expand the Dong Kinh - Nghia Thuc Square. Photo: Hoang Ha

According to the detailed plan approved by the Hanoi People's Committee in 2021, the land area of ​​Dong Kinh - Nghia Thuc Square is designated for transportation purposes and is planned for an underground parking lot; while the land area of ​​the "Shark's Jaw" building is designated for public use.

Based on the planning and design study for the renovation of Dong Kinh - Nghia Thuc Square and the directives of Hanoi city leaders, Hoan Kiem district plans to demolish the "Shark's Jaw" building before April 30th.

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

Hoan Kiem District also stated that the project preparation period is from March to April 2025; implementation will take place in 2025.

The demolition of the "Shark's Jaw" structure near Ho Guom Lake should have been done a long time ago.

According to writer and "Hanoi scholar" Nguyen Ngoc Tien, demolishing the Shark's Mouth Tower and relocating structures around Ho Guom Lake is a necessary step to restore the spiritual essence of the Turtle Tower.

Who manages the more than 300 square meters of prime land in the "Shark's Jaw" area?

The "Shark's Jaw" building, with a land area of ​​approximately 310m2, is closely associated with the development of Hanoi's tram industry and is currently managed and operated by the Hanoi Transport Corporation (Transerco).

Who designed and built the 'Shark's Jaw' building?

Since its construction, the "Shark's Jaw" building has sparked much controversy, with over 200 articles published about the project. The designer, architect Ta Xuan Van, said he once cried because the building had been altered and expanded.

Source: https://vietnamnet.vn/ha-noi-du-kien-chi-18-ty-de-pha-do-ham-ca-map-mo-rong-quang-truong-2381484.html