Island Palace Yixing Review of Operations – Business in Mainland China Progress of Major Development Projects
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Island Palace Yixing Review of Operations – Business in Mainland China Progress of Major Development Projects Anshan Arc De Triomphe (100% owned) Anshan Anshan International Hotel YuanlinHuaixiang Road Road Anshan Gateball Field Anshan Yufo Court Anshanshi Anshan Justice Bureau Laoganbu University Arc De Triomphe, Anshan (artist’s impression) Adjacent to the scenic Yufoshan municipal park, a site in the city centre will be developed in phases into a high-end residential community with a total gross floor area of approximately 3,500,000 square feet. Phase 1 is a sales centre. Phase 2, with about 1,200,000 square feet of residences and 18,000 square feet of retail shops, commenced construction in 2013 and the completed flats were delivered to buyers in October 2016. Construction of Phase 3, comprising approximately 710,000 square feet of residential area, commenced in August 2016. Phase 4 of the development is under planning. Changsha The Arch of Triumph (100% owned*) Changsha Songya Lake E ast F ourth R oad East Second Road E ast First R oad E ast Third R oad Wangxian Road 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 6,700,000 square feet of premium residential units to be built in three phases. Its 33-storey Arc de Triomphe-style building is a landmark development in this new town of Xingsha. Phases 1, 2A, 2B and 3A were completed and delivered to buyers already. A prestigious school in Changsha, namely Datong Xingsha Primary School, has also been built and become operational. The remaining Phase will provide approximately 2,050,000 square feet of residential area, in addition to 320,000 square feet of serviced apartments and commercial facilities upon their successive completion during the period from 2018 to 2019. (*CIFI Holdings (Group) Co. Ltd. (“CIFI”) will participate in the development of Phases 3B and 3C and will share 30% of their costs and economic interests.) Henderson Land Development Company Limited 60 Annual Report 2016 Review of Operations – Business in Mainland China • Progress of Major Development Projects Chengdu Chengdu ICC (30% owned) Chengdu Shuangqing Road Chengdu Dongda Road Metro Line 2 Shuanggui Road Tazishan Park 2nd Ring Road Shahepu Street Wangjianglou Park Guyapo Road Jingkang Road J Jingjusi Road Yidu Ave Lijieren Former Residence daoR auhni daoR Chengdu ICC, Chengdu 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 Line No. 2 and the proposed Line No. 8, just two stops from the Chengdu East rail station, offering easy access to other parts of the country. This composite development will have over 13,000,000 square feet of gross floor area and will include Grade-A offices, modern shopping malls, commercial facilities and luxury residences. Phase 1 deluxe residential development “Sirius”, with about 1,600,000 square feet of gross floor area, was sold out, with the apartments delivered to buyers upon completion. Phase 2, which is an integrated development of over 5,000,000 square feet, is now under construction. Some 540 residential units have been launched and the market response was overwhelming. Dalian Henderson • Country Eagle Jin Shi Tan Project (50% owned) Dalian Dalian Golden Pebble Beach Hospital Guanshi Road Jinshiyuan Zhongxin Street d oa R tan n i Y Haibin Road Henderson • Country Eagle Jin Shi Tan Project, Dalian Located in Jin Shi Tan scenic spot with a light-rail station and Maple Leaf International School in the proximity, a site of about 3,200,000 square feet will be developed in phases into a low-density luxury residential project. Complemented by a resident clubhouse and commercial facilities, it will provide an aggregate gross floor area of about 1,400,000 square feet for about 1,600 households, of which over 900 residences and commercial facilities under Phase 1 were completed and delivered to buyers. Construction of Phase 2 is in progress and it is planned for sales launch in 2017. Henderson Land Development Company Limited Annual Report 2016 61 Review of Operations – Business in Mainland China • Progress of Major Development Projects Guangzhou Haizhu Square Station Project (100% owned) Guangzhou Jiefang Middle Road Gong Yuan Qian Metro Station Subway Line 2 Subway Line 6 Jiefang South Road Haizhu Square Metro Station Tongqing Road Haizhu Square Station Project, Guangzhou (artist’s impression) In the Central Business District of Yuexiu District, Haizhu Square Station Project will be the Group’s another iconic integrated developments, comprising over 1,800,000 square feet of gross floor area comprising about 840,000 square feet of high-end retail space and two office towers of over 980,000 square feet. Sitting on the banks of Pearl River, this project is located atop Haizhu Square subway station, which is the interchange of metro line no. 2 and line no. 6. The concept design was completed and the project is now under development with the scheduled completion at the end of 2019. Nanjing Emerald Valley (100% owned) Nanjing Nanjing Normal University (ZB) Xu e l in Road Wenlan Road 312 State Highway Nanjing Financial University Nanjing Normal Golden Eagle University Shopping Centre Xianlin Wenyuan RoadCentre Station Xueze Road Station Emerald Valley, Nanjing Located in Xianlin New District, this land lot of approximately 1,600,000 square feet will be developed in three phases into a high-end residential project, complemented by a nursery, amenities and a community centre and other facilities, providing an aggregate gross floor area of about 1,100,000 square feet. With the relocation of universities and colleges into this district and the opening of Xianlin Centre subway station, this university town’s community facilities and transportation network are being further enhanced. Following the completion of Phase 1 development in 2013, Phase 2 development commenced its construction in the first quarter of 2014 and was completed in the second quarter of 2016. Phase 3 development, comprising mainly the commercial and community facilities, is now under development. Henderson Land Development Company Limited 62 Annual Report 2016 Review of Operations – Business in Mainland China • Progress of Major Development Projects Shanghai Henderson • CIFI Centre (50% owned) Huacao Park S20 Outer Ring Expressway Beidi Elevated Road daoR detavelE iahzgnoH detavelE daoR 2 eniL orteM eniL 2 Road Shengui Ninghong Road Shenchang Road Shenchang Shanghai Songze Elevated Road Hongqiao International Hongqiao Airport Railway Station Metro Line 10 Hongqiao Hongqiao Airport Airport Terminal 1 Station Terminal 2 Station Shanghai Henderson • CIFI Centre, Shanghai Located in the Minhang Hongqiao Central Business District, a land lot of about 910,000 square feet will be developed into approximately 1,350,000 square feet of quality office space, complemented by luxury apartments and commercial area, providing a total saleable area of over 1,730,000 square feet. It is set for full completion in mid-2017. Xu Hui Riverside Commercial Project (100% owned) Shanghai Huang Pu River Longyao Road YunJin Road Tunnel Longyao Road West Bund Media Port Longyao Road Xu Hui Riverside Commercial Project, Shanghai (artist’s impression) The project is located at the Bund extension along the Huang Pu River and should become a bright spot together with the West Bund Media Port in the Xu Hui Riverside Development Area. With well-established local infrastructure and excellent Bund views, the project will be developed as a landmark comprising a high-rise Grade-A office building with an aggregate gross floor area of approximately 1,800,000 square feet and a shopping mall with an aggregate gross floor area of approximately 200,000 square feet. With planned completion in late 2019, construction has proceeded to the excavation and lateral support stage as the foundation work has recently been completed. Henderson Land Development Company Limited Annual Report 2016 63 Review of Operations – Business in Mainland China • Progress of Major Development Projects Amber Garden (35% owned) Shanghai Chedun Zhen Shanghai Film Park CheFeng Road Railway Line Cheting Highway Cheting Yingjia Road Shenhai Expressway Yingzhen Road Chedun Cheying Road Railway Station Geyu Road Amber Garden, Shanghai Located in Chedong Town of Songjiang District with Songnan park and light-rail station in its proximity, a site of about 860,000 square feet is being built in two phases into a composite development. Complemented by commercial facilities, it will provide an aggregate gross floor area of over 1,040,000 square feet for 1,122 households. This project, which was sold out, is expected to be completed and ready for delivery to buyers in the second quarter of 2017. Shenyang Shenyang International Finance Centre (100% owned) 2 eniL orteM eniL 2 Shenyang Railway Line Jinrongzhongxin Beijing Street Beijing Station Haerbin Road Gon Hou g Road Tian Shenyang International Finance Centre, Shenyang (artist’s impression) The Shenyang International Finance Centre project is located in the Shenyang Finance & Trade Development Zone and to its northwest is the Shenyang North Railway Station, whilst a subway station is also within walking distance, bringing added convenience. This development will have a total gross floor area of about 3,140,000 square feet. Henderson Land Development Company Limited 64 Annual Report 2016 Review of Operations – Business in Mainland China • Progress of Major Development Projects Golden Riverside (100% owned) Shenyang Pu River Yueya Lake Shenbei Road Nangou Reservoir Golden Riverside, Shenyang Located in the scenic Puhe New District Development with many natural wonders such as Yueya Lake, Pu River and parks and hills within the vicinity, this site will be developed in phases into a low-rise and low-density residential development with a total gross floor area of about 7,560,000 square feet.