SHKP Quarterly

Mega Centre, the Pearl River Delta region and Hong Kong. Its strong attraction to industry and talent will make it a cornerstone for artificial intelligence, Internet, innovation and technology, technology research and development and related industries. The Qingsheng hub cluster integrated project is entering the development stage. TOD integrated complex The Group will develop its Qingsheng hub cluster project into a major TOD integrated comple x with qualit y business space, comprising offices, a shopping mall and a green leisure platform for the public. The commercial section consists of about 2.4 million square feet of of fice area which includes an approximately 250 -metre - tall skyscraper as well as an approximately 860,000-square-foot mall for locals and visitors. The major mall will have seamless connections to the XRL and Metro Qingsheng stations. Public facilities, such as a transfer concourse, long-distance passenger terminal and public transport terminals, will also be part of the complex. Given the Group’s proven track record in building major integrated developments, the Qingsheng hub cluster integrated complex is poised to become another landmark in Guangzhou. The project will introduce innovation and technology businesses to the region and is expected to drive the urbanization process in the area. The project will be developed in three phases. The first phase will include the shopping mall, transfer concourse and other public facilities. The second and third phases will include the offices. This signature Guangdong–Hong Kong co-operation project is expected to be completed in phases from 2023. Completed properties The Group has two major shopping malls in mainland cities in the Greater Bay Area. Both joint-venture projects are on Guangzhou’s new central axis, namely Parc Central in the Tianhe central business district and Tianhui Plaza IGC in the Zhujiang New Town central business district. Parc Central shopping mall features a unique exterior and an open garden terrace concept, a rare feature along the axis. The 900,000-square-foot mall has ample outdoor green space with a high greening coverage of 60%, resembling an urban oasis. The mall houses over 150 renowned retailers, including trendy international brands and popular restaurants serving international cuisines. The tenant list includes some of the first global flagship stores, as well as a number of retailers and ‘Instagrammable’ food and beverage outlets that have made their debut presence in southern China or Guangzhou. Tianhui Plaza IGC is a trendy, one-stop international shopping centre in the landmark large-scale urban complex, spanning one million square feet, with a direct connection to Metro Liede Station for easy access. The mall has attracted about 160 international brands, including a number of trendy labels making their first appearance in southern China, the first flagship stores in Guangzhou, highly- sought after restaurants and an IMAX cinema. The shopping and leisure spot is popular with In Guangzhou, Parc Central has introduced a number of popular brands for young people 天環為廣州引入多個深受年輕人歡迎的潮流品牌 Feature Story Vol 92 • Q2 2019 • SHKP Quarterly 6