Swire Properties and Lujiazui name their new Taikoo project
Swire Properties and Lujiazui Group have officially named their joint-venture retail project Taikoo Li Qiantan.
The 120,000sqm development, located in the Pudong Qiantan International Business District, has commenced the leasing process and is scheduled to open in phases beginning from the end of 2020.
The structure, which features an open-plan, lane-driven architectural design, is a major component of a larger mixed-use development, which will also feature a 56-floor Grade-A office tower and a five-star luxury hotel, both invested in by Lujiazui Group.
The project will be directly connected to the Oriental Sports Centre metro station which comprises three metro lines – offering direct access to major residential and commercial districts including Lujiazui, Xujiahui, People’s Square and Disneyland.
“Following the success of The Bund and Lujiazui, we are confident that the Qiantan International Business District will become yet another remarkable CBD, and our plan is to create a ‘Lujiazui 2.0’, which builds on the successful elements from Lujiazui”, said Xu Erjin, GM of Shanghai Lujiazui Group.
“Qiantan is quickly becoming a landmark area in Shanghai, and Taikoo Li Qiantan will be a valuable addition to this district, offering unparalleled retail, F&B and leisure experiences to local communities and the greater Shanghai population.”
Director-retail of Swire Properties Han Zhi added: “Taikoo Li Qiantan marks our third ‘Taikoo Li’ project in Mainland China building on the success of Taikoo Li Sanlitun in Beijing and Sino-Ocean Taikoo Li Chengdu … By once again combining local elements with the Taikoo Li concept, we are confident that our second major investment in Shanghai, after the successful launch of HKRI Taikoo Hui in 2017, will become a new retail landmark for residents and visitors.”