In 2011, with most of the former Kai Tak area still abandoned, ideas were floated to develop the area for commercial property, citing shortages of office space and rising property costs. In June 2013, the Kai Tak Cruise Terminal was opened on the tip of the former runway. Two public housing estates opened on the northeast area of the site in 2013, providing over 13,000 new rental flats. As of 2018, the public estates have been joined by some private residential developments, now nearing completion.