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Progress of Major Development Projects

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Progress of Major Development Projects Review of Operations – Business in Mainland China and Macau Progress of Major Development Projects Anshan Old Stadium Site (100% owned by the Group) Adjacent to the scenic Yufoshan municipal park, an old stadium site of approximately 600,000 square feet in the city centre will be developed in phases into a high-end residential community with a total gross floor area of approximately 3,700,000 square feet. Construction of the first 1,200,000 square feet of residences plus 60,000 square feet of clubhouse and commercial area is now under way and scheduled for completion in the fourth quarter of 2013. Anshan Anshan International Hotel YuanlinHuaixiang Road Road Anshan Gateball Field Anshan Yufo Court Anshanshi Anshan Justice Bureau Laoganbu University Old Stadium Site, Anshan (artist’s impression) Project in Yingchengzi (100% owned by the Group) Hunan Street Anshan Yingcui Road Huihuayuan Road Yingcheng Cuijia North Road Gaoguanling Village Anxia Line Cuijia West Road West Cuijia Gaoguanling Cuijiatun Elementary Road Guihua Village School Kuanggong Road Project in Yingchengzi, Anshan (artist’s impression) In the Qianshan District, a land lot of approximately 5,500,000 square feet will be developed in phases into a large scale residential community with a total developable gross floor area of about 14,000,000 square feet. Site formation is in progress. Henderson Land Development Company Limited 66 Annual Report 2011 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects Changsha The Arch of Triumph (99% owned by the Group) Changsha Songya Lake East Fourth Line Fourth East Wangxian Road East First Line First East East Third Line Third East East Second Line Second East Yanghu Road Kaiyuan East Road Xingsha Town Changsha National Economic-Technological Development Area The Arch of Triumph, Changsha (artist’s impression) The Arch of Triumph is a community development with over 7,750,000 square feet of premium residential units being built in three phases and its 33-storey Arc de Triomphe-style building is a landmark construction in this new town of Xingsha. Phase 1A of about 620,000 square feet of residences was completed in June 2010, whilst another 640,000 square feet of residential space plus 30,000 square feet of clubhouse and commercial area in Phase 1B were also finished at the end of 2011. Both phases were highly sought after by home-buyers and over 94% of the residential space has been sold. Construction of another 1,610,000 square feet of residences began in July 2011 and they will be released in batches to the market in May 2012. Chengdu Chengdu ICC (30% owned by the Group) Chengdu ICC is in a prime area of Chengdu Hotel Chengdu Shuangqing Road Dongdajie commercial and financial Shuanggui Road district near the second ring road and Shengli Cinema River Shahe, with a panoramic view Tazishan of Tazishan Park. It will be connected Park Dongda Road 2nd Ring Road to a metro station linking the currently Wangjianglou Park Guyapo Road Yidu Ave under-construction Line No. 2 and the Jinhua Road Jinhua Jingjusi Road proposed Line No. 8, and will be just Lijieren Former Residence two stops from the Chengdu East rail station offering easy access to other parts of the country. This project will have over 13,000,000 square feet of gross floor area, including two distinctive 280-metre towers regarded as the Chengdu ICC, Chengdu (artist’s impression) “Tianfu Gateway”. The development will include Grade-A offices, a modern shopping mall, a five-star hotel, an observation deck and luxury residences. Construction of the first ten residential towers with 1,600,000 square feet of gross floor area has already commenced and the first phase of the deluxe “Sirius” residence will be launched to the market shortly. Henderson Land Development Company Limited Annual Report 2011 67 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects Chongqing Grand Waterfront (100% owned by the Group) Nanbin Road Chongqing Adjacent to a municipal park in the Nan’an District, Grand Waterfront will be a Haixia Road luxury riverside residential development, Egongyan Bridge complemented by a commercial area, a kindergarten and clubhouse facilities. The uniquely-designed, rhythmic grouping of Yangtze River its 23 apartment towers will offer most Danhui Road Dashi Road Jiulong Port of its 3,050 residential units an expansive southern view of the Yangtze River. The whole project, with a total gross floor area Grand Waterfront, Chongqing (artist’s impression) of approximately 3,700,000 square feet, will be completed in four phases. Phase 1 of about 1,000,000 square feet featuring about 892 apartments is now under construction and planned for completion in the second quarter of 2012. The first batch was launched for sale in October 2011. Villa Green (100% owned by the Group) Chongqing Located on a site next to the Chengdu- Chongqing Expressway with many scenic Chongqing High Tech Development Zone attractions such as Caiyun Lake and Jade Park Ying Bin Avenue Bin Ying ay in the proximity, this 2,800,000-square-foot w ss re xp development is planned to comprise residential Chengyu E K ad echeng Ro apartments, clubhouse, kindergarten and C h u a shopping facilities, providing homes for n g x in Jade Park R over 2,000 families. The entire project will o a d be completed in three phases and Phase 1 Panlong Avenue Ying Bin Avenue development, including 306 residential units with a total gross floor area of about 500,000 square feet, was already completed in Villa Green, Chongqing (artist’s impression) November 2011 and cumulatively nearly 50% of it has been sold since its launch in late 2010. Dalian Jin Shi Tan project (100% owned by the Group) Dalian In Jin Shi Tan, a land lot of about 3,200,000 Dalian Golden square feet is to be developed into a low-density Pebble Beach Hospital luxury residential project, complemented by a resident clubhouse and commercial facilities, providing an aggregate gross floor area of about Guanshi Road Jinshiyuan 1,600,000 square feet for 400 houses. Site Zhongxin Street d oa Nanhu Street Nanhu R n ta preliminary works are in progress and the first n i Y batch of 182 houses is expected to be launched Haibin Road in 2013. Jin Shi Tan project, Dalian (artist’s impression) Henderson Land Development Company Limited 68 Annual Report 2011 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects Xiao Yao Wan Composite Development (formerly known as Wolong Bay Dalian Composite Development) (100% owned by the Group) Xidian Jinshi Road Designed by world-renowned Aedas Limited, this composite commercial and residential development project will have over 8,700,000 square feet of gross floor area. Site preliminary Liaohe East Road works had commenced. Liaoning University of Traditional Chinese Medicine Xiao Yao Wan Nanjing Treasure Garden (90.1% owned by the Group) Located at the downtown area of Qixia District, Nanjing Maigaoqiao Metro Station Treasure Garden contains 605 luxury residences with a total gross floor area of approximately 900,000 square feet. With Maigaoqiao metro Heyan Road Hongshan Zoo station nearby, this residential project also Metro Station enjoys plenty of lifestyle and daily amenities such as healthcare, cultural and sports facilities in its vicinity. Construction is progressing Hongshan Road Hongshan Nanjing Railway smoothly. It is scheduled for single-phased Station completion by the third quarter of 2013 and sale launch is expected to be held in the third quarter of 2012. Treasure Garden, Nanjing (artist’s impression) Emerald Valley (100% owned by the Group) School Supply Supermarket Emerald Valley is a high-end (Shop@Nanjing Polytechnic College) X residential project set in a leafy u e li n Road parkside location in the university Wenlan Road town of Xianlin New District. The 312 State Highway Nanjing Financial University development is complemented by Nanjing Normal Golden Eagle convenient facilities including a University Shopping Centre nursery, cultural amenities and a Xianlin Wenyuan RoadCentre Station community centre and enjoys a Xueze Nanjing Road Station wide array of other facilities and transportation convenience with the opening of a new metro system. The entire project is planned to be completed in three phases, providing an aggregate gross floor area of Emerald Valley, Nanjing (artist’s impression) about 1,600,000 square feet of gross floor area for over 1,000 families. About 450,000 square feet of residential premises in Phase 1 will be completed in the first quarter of 2013, and the first batch of pre-sale units was launched in late 2011. Henderson Land Development Company Limited Annual Report 2011 69 Review of Operations – Business in Mainland China and Macau • Progress of Major Development Projects Shanghai Greentech Tower, 147 Tianmu Road West, Zhabei District (100% owned by the Group) Shanghai Greentech Tower, as its name denotes, Shanghai underlines the Group’s long-standing Railway Station commitment to building green and hi-tech Zhabei District developments. Comprising 22 storeys of Centro energy-efficient Grade-A offices and 3 Suzhou Creek Heng Feng Road levels of retail podium, Greentech Tower Tianmu Road West was newly completed in January 2012, Metro Line 1 adding 400,000 square feet of quality space to the Group’s mainland rental portfolio. With convenient access to Shanghai Railway Station and Metro Line No. 1, Greentech Tower has been well-received by domestic and foreign
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