Since the early 1900s, the city of Shanghai has been of great importance to the Swire Group. Taikoo Wharf at Yangjing East was built and operated by the Group until the mid-1900s. Two silos on the site were once the largest grain storage facilities in Asia.
Today, Shanghai is home to Swire Properties’ largest properties, in terms of area, in the Chinese Mainland. Together, our HKRI Taikoo Hui and Taikoo Li Qiantan developments offer over five million sq ft of space covering retail, office, hotels and serviced apartments; while the approximately 1.63 million sq ft ZHANGYUAN development, a revitalisation of Shanghai’s ZHANGYUAN district that dates back to 1882, is operated and managed by a joint venture which is 60% owned by Swire Properties.
Through strategic partnerships with the Jing’an District authority and other stakeholders, HKRI Taikoo Hui and ZHANGYUAN have cultivated a sustainable and dynamic commercial ecosystem in the heart of Shanghai that address the opportunities and challenges that come with downtown development and contribute to the city’s ongoing progress.
Swire Properties’ commitment to urban regeneration in Shanghai respects a delicate balance between preserving historical heritage and contemporising urban spaces. A key component of this transformation is the implementation of Transit-Oriented Development (“TOD”) schemes which have significantly improved above- and below-ground connectivity. This has resulted in a more integrated and efficient urban landscape that benefits residents, businesses and visitors.
Each of these developments contributes to the character, culture and wellbeing of their surrounding neighbourhoods and districts, improving the quality of life for tenants, visitors, customers and all those who interact with these properties.
Our experience in developing landmark destinations that integrate historical and cultural elements will be vital in the near future as we continue to expand in the city, working with the Lujiazui Group on two new developments at Yangjing and a plot on the New Bund, adjacent to Taikoo Li Qiantan.