The Taichung City Government's website reports here that a Hong Kong investor, Richard Li, is interested in developing the old Shuinan Airport. We heard about this on the TV news earlier (though they focused more on how a city councilwoman was trying to act as a matchmaker between Li and the mayor's daughter Hu Ting-Ting).
The TV news was suggesting that the redevelopment might result in a rise in the cost of housing in Taichung. But the story on the website mentions some problems with the Ministry of National Defense that might slow down the redevelopment of the airport. Anyone heard anything more about this?