Xuzhou Lakeview Development, Xuzhou
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XUZHOU LAKEVIEW DEVELOPMENT, XUZHOU Review of Operations – Business in Mainland China Progress of Major Development Projects Anshan Arc De Triomphe (formerly known as the project at Old Stadium Site) (100% owned) Anshan Adjacent to the scenic Yufoshan municipal park, this site in the city centre will be developed in phases into a high-end Anshan residential community with a total gross floor International Hotel area of approximately 3,500,000 square feet. The first phase of a 23,000-square-foot sale YuanlinHuaixiang Road centre was completed in the second quarter Road Anshan Gateball Field Anshan of 2014. Phase 2, with 1,200,000 square feet Yufo Court Anshanshi Anshan of residences, commenced its construction Justice Bureau Laoganbu University in 2013 with the scheduled completion in the fourth quarter of 2016. Up to the end of 2013, approximately 120 housing units with the gross floor area of about 191,000 square feet were sold, bringing a total sales revenue of over RMB130 million. Arc De Triomphe, Anshan (artist’s impression) Project in Yingchengzi (100% owned) Hunan Street Anshan Yingcui Road Huihuayuan Road Yingcheng Wanhua Street Anxia Line Wanhe Street Wanhe Gaoguanling Elementary Wanfang Street School Jiefang East Road Project in Yingchengzi, Anshan (artist’s impression) Located in the Tiedong District with a site area of approximately 5,500,000 square feet, it 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. Preliminary design is in progress. Henderson Land Development Company Limited 50 Annual Report 2013 Review of Operations – Business in Mainland China • Progress of Major Development Projects Changsha The Arch of Triumph (100% owned) Changsha Songya Lake Wangxian Road East First Line First East East Third Line Third East East Fourth Line Fourth East East Second Line Second East Tangpo Road Kaiyuan East Road Changsha National Economic-Technological Development Area The Arch of Triumph, Changsha The Arch of Triumph is a community development with around 7,000,000 square feet of premium residential units to be built in three phases and its 33-storey Arc de Triomphe-style building is a landmark construction in this new town of Xingsha. Phase one development consisting of 1,270,000 square feet of residential flats have mostly been handed over to the buyers since the third quarter of 2010, while over 30,000 square feet of commercial facilities had been completed and has come into operation since the end of 2011. Construction of another approximately 1,650,000 square feet of residential flats in phase two began in July 2011, which have been released in batches for sale since June 2012. Phase 2A was completed in the fourth quarter of 2013, whilst Phase 2B is expected to be completed in the first quarter of 2015. At the end of December 2013, around 840 residential units in phase two had been sold, bringing a total sales revenue of approximately RMB432 million. Phase 3 will further provide approximately 3,270,000 square feet of residential area, in addition to 360,000 square feet of serviced apartments, commercial facilities and primary school. Construction for Phase 3 is scheduled to commence in the second quarter of 2014 and they will be completed successively during the period from 2017 to 2020. Chengdu Chengdu ICC (30% owned) Chengdu ICC is situated in a prime area of Dongda Road commercial and financial district near the Second Ring Road and River Shahe, with a panoramic view of Tazishan Park. It will be connected to a metro station linking the Line No. 2 and the proposed Line No.8, and will be just 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 “Tianfu Gateway”. The development will include Grade-A offices, modern shopping malls, a five-star hotel, an observation deck and luxury residences. Construction of the first-phase Chengdu ICC, Chengdu (artist’s impression) deluxe residential development “Sirius” with about 1,600,000 square feet of gross floor area has already commenced. It was greeted with good market response since it was launched for sale in April Chengdu Hotel Chengdu 2012. Approximately 540 residential units with a total gross floor area of around 833,000 square feet Shuangqing Road were sold by the end of 2013, generating an accumulative gross revenue of approximately RMB815 Dongda Road Shuanggui Road million. The first batch of residential units will be handed over to buyers in the first quarter of 2014. Tazishan Park 2nd Ring Road Shahepu Street Wangjianglou Park Guyapo Road Yidu Ave Jinhua Road Jinhua Jingjusi Road Lijieren Former Residence Henderson Land Development Company Limited Annual Report 2013 51 Review of Operations – Business in Mainland China • Progress of Major Development Projects Chongqing Grand Waterfront (100% owned) Nanbin Road Chongqing Haixia Road Egongyan Bridge Yangtze River Danhui Road Dashi Road Jiulong Port Grand Waterfront, Chongqing Adjacent to a municipal park in Nan’an District, Grand Waterfront will be a luxury riverside residential development, complemented by commercial facilities, a kindergarten and clubhouses. The uniquely-designed, rhythmic grouping of its 23 apartment towers will offer most of its 3,050 residential units an expansive southern view of the Yangtze River. The whole project, with the gross floor area of about 3,600,000 square feet, will be completed in four phases. Phase 1, with about 1,100,000 square feet for 892 apartments, was completed in the third quarter of 2012. Phase 2, which provides 1,358 apartments with the gross floor area of about 1,600,000 square feet, is now under construction and planned for completion in the fourth quarter of 2014. Phase 3, providing about 528 apartments with the gross floor area of about 600,000 square feet, is now under construction and planned for completion in the third quarter of 2015. Phase 4, with approximately 300,000 square feet for 272 apartments, is scheduled for completion in the third quarter of 2015. During the year of 2013, a total of around 1,050 apartments had been sold at approximately RMB742 million in aggregate. Project in Erlong Phoenix Area (100% owned) Located on a site next to the Chengdu-Chongqing Expressway with many scenic attractions, such as Caiyun Lake and Jade Park in the proximity, this 2,870,000-square-foot development is planned to comprise residential apartments, clubhouses, a kindergarten and commercial facilities, providing homes for 2,068 families. The entire project will be completed in four phases and Phase 1, including 306 residential units with the gross floor area of about 520,000 square feet, was named “Villa Green” and completed in 2011 and cumulatively over 90% of it has been sold. Remaining phases were named “High West”. Phase Project in Erlong Phoenix Area, 2, comprising 994 apartments with the gross floor area of about Chongqing Chongqing 1,300,000 square feet, is now under construction and planned for completion in the third quarter of 2014. Phase 3, providing Chongqing High Tech Development Zone about 768 apartments with the gross floor area of about 850,000, Ying Bin Avenue Bin Ying ay is now under construction and planned for completion in the third w ss re xp quarter of 2014. There is a single office tower in Phase 4 with the Chengdu-Chongqing E K ad echeng Ro gross floor area of about 200,000 square feet, which is now under C h u a construction and planned for completion in the fourth quarter of n g x in Jade Park R 2014. During the year of 2013, a total about 1,350 apartments had o a d Panlong Avenue been sold at approximately RMB844 million in aggregate. Ying Bin Avenue Henderson Land Development Company Limited 52 Annual Report 2013 Review of Operations – Business in Mainland China • Progress of Major Development Projects Dalian Jin Shi Tan project (100% owned) Dalian Dalian Golden Pebble Beach Hospital Guanshi Road Jinshiyuan Zhongxin Street ad Ro n ta n i Y Haibin Road Jin Shi Tan project, Dalian (artist’s impression) In Jin Shi Tan, a site of about 3,200,000 square feet is planned to be developed into a low-density luxury residential project, complemented by a resident clubhouse and commercial facilities, providing an aggregate gross floor area of about 1,600,000 square feet for about 400 households. Site preliminary works are in progress. Xiao Yao Bay Composite Development (100% owned) Dalian Designed by world-renowned Aedas Limited, this composite commercial and residential development project will have approximately 8,700,000 square feet of gross floor area. Xidian Jinshi Road Liaohe East Road Liaoning University of Traditional Chinese Medicine Xiao Yao Bay Henderson Land Development Company Limited Annual Report 2013 53 Review of Operations – Business in Mainland China • Progress of Major Development Projects Guangzhou Haizhu Plaza (100% owned) Guangzhou Located at the heart of Central Business District in Yuexiu District, Guangzhou, this prestigious mixed-use development has convenient assess to the Pearl River; as well as the Haizhu Jiefang Middle Road Gong Yuan Qian Metro Station Square Metro Station, which will offer excellent transport connections and beautiful riverfront Subway Line 2 scenery. With a total gross floor area of over 2,040,000 square feet, this integrated complex comprising commercial, entertainment, leisure and cultural facilities will be a major landmark Subway Line 6 Jiefang South Road in Guangzhou. Haizhu Square Metro Station Tongqing Road Hangzhou Henderson CIFI Palace (51% owned) Nanjing Hangzhou High-speed Rail Hangzhou Hang Zhou Ring Highway Li Shui Road Hang Zhou Tang Kang Road No.14 Middle School Kang Qiao Road Shang Tang Viaduct Tang Shang Gong Kang Road The Grand Canal Grand The Henderson CIFI Palace, Hangzhou (artist’s impression) In Yuhang Chongxian New Town, a residential and commercial site of about 930,000 square feet will be built into a composite development with about 2,200 housing units and commercial facilities, providing a total gross floor area of over 2.3 million square feet.