Opened in November 1989, the Hong Kong Cultural Centre is the second phase of the Tsim Sha Tsui waterfront cultural development designed to cater for the performing arts. It is the premier arts centre in the territory where major international arts festivals are hosted. There are three performing halls within the Centre, offering a total of about 4,000 seats for productions of various art forms. Over 800 performances by local talents as well as international masters are staged at the centre each year.