Redevco Asia, co-owner of Wuhan Tiandi Riverview Plaza, has broken the ground for a new shopping centre in Jiang’an District in Wuhan with its partner Shui On Land. The complex will offer 109,000 m[sup]2[/sup] of retail space spread across more than 250 stores, and will also provide 1,900 parking spaces.
Redevco Asia, co-owner of Wuhan Tiandi Riverview Plaza, has broken the ground for a new shopping centre in Jiang’an District in Wuhan with its partner Shui On Land. The complex will offer 109,000 m2 of retail space spread across more than 250 stores, and will also provide 1,900 parking spaces.
The ground-breaking ceremony also marks the start of construction work on the overarching new mixed-use Wuhan Tiandi Corporate Zone. This development includes the Wuhan Tiandi Riverview Plaza, a lifestyle shopping mall designed and managed to international standards, as well as a unique CBD featuring a number of office towers facing the Yangtze River, a landmark close to the city centre.
The Wuhan Tiandi Riverview Plaza project is a 50/50 joint venture between Redevco Asia and Shui On Land.
The total investment in Wuhan Tiandi Riverview Plaza comes to RMB 1.8 bn (EUR 198 mln). The centre will have a GLA of close to 70,000 m2, comprising international brands, popular fashion chains, lifestyle stores F&B and cinema.