(Images from Bizjournals) |
Steinberg Architects, a California based firm with an
international office in Shanghai has been awarded an astonishing 75 million sf
project in Changsha, China.
Although considered a mixed-use project, that would be a
major understatement. What Steinberg
will be creating is nothing short of a city that will transform 7,000 acres
into a new home for thousands of homes and businesses along the Xiang River.
As reported by Bizjournals, the project will be known
as Changsha Songya Hu, and will consist of:
~ 63
million sf of residential
~ 5.5
million sf of office space
~ 4 million
sf of commercial space
~ 1 million
sf of hotel space
~ 1.5
million sf of community space
Other amenities included in the project are a waterfront
business district and an entertainment district.
Development partners Aptech and Songya Lake will build out the $3.0 Billion project in three phase. Construction could start as early as this year.
Changsha is the capital of China’s Hunan Province and is
located in south-central China. It has
a population of 7.04 million people and the city itself dates back to 221
BC.
Once again, China is in the business of huge, massive,
staggering; just a few terms that describe development in this transformational
country.
San Jose Business Journal
San Francisco Business Times
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ReplyDeleteYour content really informative as well as helpful for my Mixed Use Development Projects in North America Research and Development.
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