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The Palace Museum will provide, on a long-term loan basis, collections for display in the Hong Kong Palace Museum and provide expert advice and assistance on museum design or curatorial matters where necessary.

The centre and the hostel will be managed and operated by the partner organisation, the Haven of Hope Christian Service, on a non-profit-making and self-financing basis.The Haven of Hope Christian Service will hire disabled persons to assist in the operation, and will provide them with vocational training opportunities.Its first permanent facility, the M Pavilion, commenced operation last year.Other art and cultural facilities, including the Xiqu Centre, Art Park, Freespace and M Museum, will be completed in phases during the next few years.Two ferry piers will also be developed serving the site are also planned, one near Yau Ma Tei Typhoon Shelter and one near to the M Pavilion.

A groundbreaking ceremony was held on 28th May 2018 during which it was announced that the first exhibition when the museum opens in 2022 will feature ancient horse themed artefacts loaned from the Palace Museum in Beijing to depict the benevolence of the HKJCCT in donating HK.5 billion to the project.

These exhibitions have been well received by members of the public as they offer a glimpse of the valuable collections of the Palace Museum and its fascinating history.

The Hong Kong Palace Museum will stand out prominently on the western harbourfront of the West Kowloon Cultural District, with the proposed Exhibition Centre lying to its north.

Rocco Yim, head of architectural practice Rocco Design Architects which has been involved in many major projects in Hong Kong and the Mainland, has been appointed as design consultant.

The final design for the museum was unveiled in October 2017.

In addition to the two thematic exhibition galleries, a gallery will be dedicated to feature collections from Hong Kong collectors.