February 11, 2019
Swire Properties and Lujiazui Group name Shanghai retail project - Taikoo Li Qiantan
Swire Properties and Lujiazui Group officially announced the naming of their joint-venture retail project recently as Taikoo Li Qiantan. Located in the Pudong Qiantan International Business District, the project embodies Swire Properties’ “Taikoo Li” concept, which is well-known for its distinct open-plan, lane-driven architectural design.
Taikoo Li Qiantan will offer a gross floor area of approximately 120,000 sq m and was created in accordance with a ‘naturalism’ design concept; blending elements found in nature with contemporary architecture. The project is a major component of a larger mixed-use development, which will also feature a 56-floor Grade-A office tower – New Bund Centre as well as a five-star luxury hotel – New Bund Shangri-La Hotel, both invested by Lujiazui Group.
Mr Xu Erjin, General Manager of Shanghai Lujiazui Group said, “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.
Mr Han Zhi, Director-Retail of Swire Properties, said, “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. We are delighted to bring this distinct retail experience to Shanghai. 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.”
Taikoo Li Qiantan has commenced the leasing process, and is scheduled to open in phases beginning from the end of 2020.
Taikoo Li Qiantan
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