The construction site used to be the California Bar and Restaurant and the building is coming
up for a major re-development.
Lan Kwai Fong is a small square of streets in Central, Hong Kong. The area was dedicated to hawkers before the Second World War, but underwent a renaissance in the mid 1980s. It is now a popular expatriate haunt in Hong Kong for drinking, clubbing and dining. The street Lan Kwai Fong is an L-shape with two ends joining with D'Aguilar Street.
In 1975, German-Canadian businessman Allan Zeman, also known as the father of Lan Kwai Fong,[1] moved to Hong Kong. He felt it needed a western style restaurant, so he opened “California” in 1983 in Lan Kwai Fong which became his claim to fame.
One year later, following this success, Zeman invested HK$32 million to buy a whole block and began a new career as an entertainer and property developer eventually founding the Lan Kwai Group and developing this location into one of Hong Kong’s most popular entertainment destinations for expatriates as well as tourists. Friday and Saturday nights are often jammed with people, leading to vehicle traffic being suspended at certain times, giving the streets over to pedestrians.
The square, together with a gay club "Disco Disco" founded earlier in 1978 in D'Aguilar Street, made Lan Kwai Fong and its surroundings a famous spot for night life.
http://en.wikipedia.org/wiki/Lan_Kwai_Fong