FinanceBRIEF

Cathay Life's NT$10 Billion Taoyuan Tower Found to Exceed Airport Height Limit, Insurer Pledges Correction and Demolition

林紀旭 James LinEditor-in-Chief
Published · Updated
According to CNA, Cathay Life Insurance (國泰人壽) is investing nearly NT$10 billion in a mixed-use development at Landmark Plaza Taoyuan Zone B (置地廣場桃園B區), but the tower was found to exceed the airport's conical surface height limit. After a July 31 coordination meeting with Taoyuan City, the Civil Aeronautics Administration, and Taoyuan International Airport Corp, Cathay Life agreed to correct the building's height and demolish the excess, per CNA and UDN Money.

Investment Scale and Strategic Role of Landmark Plaza Taoyuan Zone B

According to CNA (中央社), Cathay Life Insurance (國泰人壽) is investing nearly NT$10 billion (近新台幣百億元) to develop a mixed-use commercial complex at Landmark Plaza Taoyuan Zone B (置地廣場桃園B區) (E1). UDN Money (money.udn.com) reported the identical investment figure (E8), so the project's scale is confirmed consistently across both outlets. CNA additionally reported that the development was originally planned to be completed by the end of this year and was described as the last piece of the puzzle for the High Speed Rail (HSR) Taoyuan Station industrial zone (E4).

What Regulation Does the Building Violate?

Per CNA, the building has recently been reported to suspectedly exceed the airport's conical surface height limit (機場圓錐面限高) (E2). The report did not disclose a specific height figure or the exact margin by which the structure exceeds the limit — no such number appears in the evidence, so none is stated here.

Cathay Life's Commitment to Correct and Demolish

CNA reported that Cathay Life stated a consensus had been reached at the coordination meeting: the company will correct the building's height according to aviation height-limit regulations, and, under safety preconditions, will obtain the necessary permits and complete demolition work as soon as possible to protect flight safety (E3). UDN Money carried the same statement of commitment from Cathay Life (E9), corroborating that the pledge was reported identically by both outlets.

The July 31 Coordination Meeting: Participants and Consensus

CNA reported that Cathay Life, together with the architect who took over the project, the contractor, and legal counsel, participated in a coordination meeting convened by the Taoyuan City Government on July 31 (E5). The meeting brought together officials from the city's Building Management Division, representatives of the Civil Aeronautics Administration (CAA), and representatives of Taoyuan International Airport Corp to clarify which regulations applied and to discuss resolution options. UDN Money reported the same meeting date and the same list of participants (E10).

The consensus reached, per CNA, was that the building height must be corrected to comply with the standard that applied before Taoyuan Airport's early-2026 (ROC year 115) "Third Runway" (第三航道) adjustment, and that the already-approved building permit must go through a design-change procedure (E6).

How the Correction Will Be Implemented

According to CNA, the correction process is divided among three parties: the Civil Aeronautics Administration will provide coordinate-based height data for the architect to use in redesigning the structure; the contractor will simultaneously submit a revised construction plan to Taoyuan Airport Corp reflecting the reduced floor height; and Cathay Life will apply to Taoyuan City's building management authority for a design-change and construction permit (E7).

Timeline

DateEventSource
Early 2026 (ROC 115年初)Taoyuan Airport's "Third Runway" adjustment sets the height-limit standard the project must now meetCNA (E6)
July 31, 2026Taoyuan City Government convenes coordination meeting with Cathay Life, the architect, contractor, legal counsel, CAA and airport representativesCNA (E5), UDN Money (E10)
Aug 9, 2026CNA and UDN Money report Cathay Life's pledge to correct the height and demolish the excessCNA (E3), UDN Money (E9)

What This Means

Taken together, the reported facts trace a sequence rather than a single event. A regulatory standard tied to Taoyuan Airport's early-2026 Third Runway adjustment set the height ceiling that the Landmark Plaza Taoyuan Zone B tower now exceeds (E6). Cathay Life, its architect, contractor and legal counsel met with Taoyuan City, the CAA and Taoyuan Airport Corp on July 31 to divide responsibility for a fix — coordinates from the CAA, a revised construction plan from the contractor, and a permit application from Cathay Life (E5/E10, E7). By August 9, both CNA and UDN Money reported the same three-part commitment — correct the height, obtain permits safely, and demolish the excess — without reporting any revised completion date for a project that was originally targeted for completion by the end of this year (E4, E3/E9).

📊 Evidence

FAQ

How much is Cathay Life investing in the Landmark Plaza Taoyuan Zone B project?

Nearly NT$10 billion, as reported by both CNA and UDN Money.

When did the coordination meeting take place and who attended?

July 31, 2026. Attendees included Cathay Life, the project's architect, contractor, and legal counsel, along with officials from Taoyuan City's Building Management Division, the Civil Aeronautics Administration, and Taoyuan International Airport Corp.

What did Cathay Life agree to do about the excess height?

Correct the building's height to comply with aviation height-limit regulations and, under safety preconditions, obtain the necessary permits and complete demolition of the excess portion as soon as possible.

📎 Sources

  1. cna.com.tw
  2. money.udn.com
林紀旭 James LinEditor-in-Chief

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