Places | Swire Properties SD Report 2022

Places

Swire Properties recognises that the places we create and maintain have significant impacts on society and the environment. Through effective placemaking, we aim to transform the urban areas in which our properties are located into vibrant and sustainable communities by carefully balancing the aesthetic, functional, ecological and cultural impacts of our developments. Meanwhile, through long-term placekeeping, which involves continuously evolving, maintaining and managing our assets, we aim to enhance the lives of the people who live and work within our developments and the surrounding communities.

Sustainable
Development Goals

The SDGs relevant to initiatives under this Pillar are:

SDG 8

Promoting sustainable economic growth, employment and decent work for all.

SDG 9

Building resilient infrastructure, promoting inclusive and sustainable industrialisation and fostering innovation.

SDG 11

Making cities and human settlements inclusive, safe, resilient and sustainable.

Highlights of Our
Developments

GRI 2-1, 2-6

Citygate

Located in Tung Chung on Lantau Island, Citygate is Hong Kong’s first and largest outlet shopping mall. The Citygate complex comprises 942,800 sq ft of retail space and 160,000 sq ft of office space. Directly connected to the Tung Chung MTR Station and near the Hong Kong International Airport and the Hong Kong-Zhuhai-Macao Bridge, this development offers excellent connectivity to transportation nodes and Hong Kong’s most popular tourist sites.

Pacific Place

Located in Admiralty on Hong Kong Island, the Pacific Place complex will comprise five Grade-A office towers (with Six Pacific Place scheduled for completion in 2023), a retail complex, four five-star hotels and serviced apartment. The complex currently provides over 2.4 million sq ft of gross floor area.

Pacific Place Apartments comprises 268 exclusive serviced apartments and The Upper House, a House Collective hotel with 117 rooms.

Our latest development, Six Pacific Place, will be completed in 2023. It will feature 24 storeys of premium triple Grade A office space totalling around 218,000 sq ft. Six Pacific Place has been designed and built to the highest sustainability standards, achieving Pre-certified Platinum ratings for LEED, WELL and BEAM Plus. In 2022, the building also received both WiredScore and SmartScore Platinum certifications, assuring tenants that the building’s design and infrastructure will provide an excellent digital experience that enables cutting-edge workplace solutions.

The Pacific Place development is located next to the Starstreet Precinct, an adjacent neighbourhood which Swire Properties has transformed into a lively area filled with cafés, bars, restaurants, galleries and boutique shops.

Cityplaza

Cityplaza is the largest shopping mall on Hong Kong Island, with a total floor area of 1.11 million sq ft. Directly accessible from Tai Koo MTR Station, the six-level mall houses more than 170 shops and restaurants, a unique lifestyle cinema, an indoor ice rink, and over 800 indoor parking spaces. Recent enhancements to the enduringly popular Cityplaza Ice Palace skating rink and improvements in the tenant mix, together with engaging mall promotions and activities, have made Cityplaza an abiding hub for community leisure and enjoyment.

The mall is also connected to EAST Hong Kong, the Taikoo Shing residential development and more than 100 outdoor shops that serve the neighbourhood.

Cityplaza Ice Palace was recently named “Most Outstanding Entertainment Venue 2022” at the Hong Kong Most Valuable Corporate Awards for its significance as a place of public entertainment. The award was based on criteria evaluating Cityplaza Ice Palace’s business reputation, corporate image, overall exposure, social media presence, innovation, corporate social responsibility performance, and other aspects.

Taikoo Place

Home to Swire for over 100 years, Taikoo Place has been transformed from an industrial area housing the Taikoo dockyard and sugar refinery into a global business district spanning 10 office towers, with six million sq ft of gross floor area. Taikoo Place includes a wide range of business and leisure amenities, including a 30,000 sq ft co-working space Blueprint, private members’ club The Refinery, as well as ArtisTree – a 7,000 sq ft multipurpose venue. It also comprises a landscaped garden, Taikoo Park and a variety of restaurants and cafes.

The redevelopment of Taikoo Place, scheduled for completion in 2023, is set to become home for to multinational companies. Two Taikoo Place, our latest addition to the Taikoo Place Redevelopment Project, is a 42-storey premium office space with a total area of around one million sq ft. Two Taikoo Place has been designed and built to the highest sustainability standards, achieving Pre-certified Platinum ratings for LEED, WELL and BEAM Plus.

Another highlight is the introduction of Taikoo Square and Taikoo Garden. The two gardens, comprising a collection of lush greenery, will provide 69,000 sq ft of open space – equivalent in size to Statue Square in Central – for the enjoyment of the community.

Sino-Ocean Taikoo Li Chengdu

Sino-Ocean Taikoo Li Chengdu is a 1.3 million sq ft retail-led development in Chengdu’s Jinjiang District. At the centre of the complex is the 16th-century Buddhist Daci Temple, a heritage site and a focal point for the city. Also included in the complex is The Temple House, a hotel managed by Swire Hotels. Sino-Ocean Taikoo Li Chengdu was the first open-plan lane-driven commercial complex in the world to gain LEED v4.1 (O+M) Platinum Certification status, as well as the first project in Sichuan province and the first shopping mall in the Chinese Mainland to achieve this certification. The development has been powered by 100% renewable electricity since 2020.

Beijing

Taikoo Li Sanlitun, Beijing

Taikoo Li Sanlitun was Swire Properties’ first project in the Chinese Mainland. Located in the heart of Beijing’s Chaoyang District, the development, which includes a retail complex and a hotel, has played a crucial role in the transformation of Sanlitun into a centre of culture, retail, dining and hospitality.

In December 2021, the approximately 300,000 sq ft Taikoo Li Sanlitun West – a project that transformed an old clothing market into a vibrant retail development – won the Excellence recognition at the RICS Awards China “Regeneration Project of the Year” for its innovative approach to urban regeneration. The property has eight above-ground floors and two underground floors, and a metro tunnel which links both the extension and Taikoo Li Sanlitun with Worker’s Stadium Station, a Beijing Metro transfer station scheduled to open in 2023. The opening of Taikoo Li West helps to enhance the urban vitality and quality within the area and is also a striking example of Swire Properties’ continued efforts to support Beijing in cultivating Sanlitun into a world-class business circle.

INDIGO, Beijing

INDIGO is a retail-led mixed-use development with a shopping mall, a Grade-A office tower and a hotel, EAST Beijing. The complex has implemented extensive SD features and programmes, including high-efficiency solar panels, optimised skylights, city-leading recycling procedures, and our Green Kitchen Initiative.

In 2022 INDIGO celebrated its 10th anniversary. Celebratory activities were held throughout the year, themed “Inspiration at Every Turn”. These commemorated how INDIGO’s commitment to creative transformation, its skilled operations and management and its digital transformation have produced continuous upgrades in its design and retail mix, catalysing INDIGO’s evolution into the popular high-end business and lifestyle destination it is today. In July 2022, INDIGO opened a sustainable development centre called The Loop – a multipurpose space to engage employees, tenants and business partners in SD initiatives.

The INDIGO Phase Two extension, announced in December 2020, is currently under development on an adjacent site. This office-led mixed-use extension has an expected total gross floor area of approximately 4.23 million sq ft and will contain a shopping mall, office towers and a hotel. The extension is expected to be completed in 2025.

Shanghai

Taikoo Li Qiantan, Shanghai

Located in Shanghai’s Pudong Qiantan International Business District, the 1.3 million sq ft Taikoo Li Qiantan opened in late 2021. This unique wellness-themed shopping mall features a “double-open park” design, with a wide expanse of open green space and lanes across the ground level and rooftop connected by an 80m-long scenic bridge overlooking the Huangpu River. The 86,000 sq ft central park includes the Sky Loop, a 450m rooftop running track, and other greenery and leisure spaces that support and enhance the wellbeing of occupants and visitors. Taikoo Li Qiantan is the first shopping mall in the world to achieve WELL Core Platinum certification.

HKRI Taikoo Hui, Shanghai

Located on Nanjing West Road, one of Shanghai’s major shopping districts, HKRI Taikoo Hui has access to three Shanghai Metro lines and is comprised of two Grade-A office towers (with LEED Final Platinum Certification), a shopping mall (with LEED Final Gold Certification), and two hotels, The Middle House and The Sukhothai Shanghai. The development is transforming the district into a new business, shopping and entertainment hub.

Taikoo Hui Guangzhou

Taikoo Hui Guangzhou is a lifestyle destination development located in Guangzhou’s Tianhe District, comprising a shopping mall, two grade-A office towers and a hotel. Its shopping mall was the first enclosed mall in the world to earn Platinum Certification in the LEED (O+M). Since July 2021, Taikoo Hui Guangzhou has become powered by 100% renewable electricity. In 2022, the project also achieved WELL Platinum rating.

Taikoo Hui Guangzhou is also the subject of our latest Places Impact Report, published in Q1 2023. Titled “The Creative Transformation of Taikoo Hui Guangzhou”, the report uses our Places Impact Framework to understand and measure the impact of the development at the investment, place and city levels. To view the full report, click here.

Taikoo Li Xi’an

Taikoo Li Xi’an lies in the heart of downtown Xi’an in Shaanxi Province. With a total site area of almost 1.3 million sq ft, the development is located within the Small Wild Goose Pagoda historical and cultural zone in the city’s Beilin District, and is adjacent to the Small Wild Goose Pagoda, a UNESCO World Heritage Site.

Swire Properties is partnering with Xi’an Cheng Huan Cultural Investment and Development Co., Ltd. to develop an urban regeneration plan for the site. The site will be developed into a retail-led project comprised of retail and cultural facilities, including a House Collective hotel, serviced residences and business apartments. Taikoo Li Xi’an has an estimated gross floor area of almost 2.9 million sq ft (above and below ground) and is expected to be completed by end of 2025.

Miami, U.S.A.

Brickell City Centre, Miami

Brickell City Centre is Swire Properties’ landmark development in Miami, U.S.A. Opened in 2016, it is our first development to obtain LEED Gold Certification for Neighbourhood Development. A highlight of the centre is the Climate Ribbon™, an elevated trellis that provides shade from the sun, creates air flow and collects rainwater, while also allowing natural light to penetrate and illuminate the shopping mall below.