Two new shopping centres with a combined gross floor area space of more than 60,000 square metres will open this year at downtown Xintiandi area, as Shanghai’s first large-scale city-core redevelopment project continues to upgrade, according to China Xintiandi, the wholly-owned subsidiary of Shui On Land Ltd which is the developer of the mega project.
Opening of the Hubindao Shopping Centre and The House will be another milestone for the Taipingqiao Redevelopment Project, a mixed-use project that consists of residential, office, retail, entertainment and cultural properties at the heart of the city, said Carrie Liu, general manager, commercial, China Xintiandi-Taipingqiao.
