Home » Business » Real Estate
Plaza 889 ready
By Cao Qian |
June 1, 2010, Tuesday
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Print Edition
Print Edition
PLAZA 889, a landmark commercial project in Shanghai's northwestern Caojiadu area, has unveiled its 50,000-square-meter retail space.
This marked one of the major accomplishments in a government redevelopment plan which aims to transform the area into one of the city's 12 major commercial centers.
Located at the intersection of Wanhangdu Road and Changshou Road, Plaza 889 is a 3-billion-yuan (US$439 million) mixed-use project developed by Jiangsu Yueda Group which also includes a 50,000-square-meter office development.
Under an earlier released government plan, the Caojiadu area will eventually have a total of 400,000 square meters of high-quality retail and office space.
This marked one of the major accomplishments in a government redevelopment plan which aims to transform the area into one of the city's 12 major commercial centers.
Located at the intersection of Wanhangdu Road and Changshou Road, Plaza 889 is a 3-billion-yuan (US$439 million) mixed-use project developed by Jiangsu Yueda Group which also includes a 50,000-square-meter office development.
Under an earlier released government plan, the Caojiadu area will eventually have a total of 400,000 square meters of high-quality retail and office space.
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