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The area east of Hoan Kiem Lake in the Hoan Kiem ward, Hanoi, is gradually changing its appearance as many old structures are dismantled, giving way to a park-square space of about 2.14 hectares according to the master plan. Observations show that most of the items within the project scope have been completed or are at the final stage. The Dien Luc Hotel is among the structures being urgently demolished. The building has partly been dismantled, with more than one-third of the volume processed. Nearby, a nine-story hotel has completed relocating all assets and dismantling the interior. In another area, the site previously used by Pho Thin restaurant has been fully dismantled. The site has been cleared, but authorities are continuing to collect and transport demolition debris to ensure environmental hygiene and safety in the construction zone. In another location, the project indicates that the East Hoan Kiem Park Square will be implemented in two phases. Phase one focuses on forming a raised plaza space with greenery, landscape, and community spaces. Phase two will build a three-level underground system, and connect to C9 metro station in the future. Upon completion, the project is expected to create a large-scale public space at the city core, improving the Hoan Kiem lakeside area aesthetics, increasing public transport connectivity, and expanding public space for residents of the capital. In the North area around Hoan Kiem Lake, the renovation of East Kinh Nghia Thuc Square has completed its first phase. A number of major items have been dismantled, such as the removal of buildings 1, 3, 5 on Dinh Tien Hoang street, restoration of the facades of buildings 7 and 9, and landscaping along surrounding streets. After modernization, the area has become more open, creating more space for residents and visitors to central Hanoi.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
