On November 20thHangzhou Shangcheng District Culture, Commerce and Tourism Investment Holding Group***Assignment50% equity of Hangzhou Shanghu Real EstateGiveYintai Foundation Group, a subsidiary of Yintai Group
After investigation, Hangzhou Shanghu Real Estate was previously 100% owned by Shangcheng Culture, Commerce and Tourism Group, and was responsible for the development and construction of the land plot in Quanyeli, Hangzhou's Hubin business district. According to Yintai Group's official WeChat news, the development project of the Quanyeli plot isHangzhou Hubin Yintai in77 Phase VI
Hangzhou Hubin Yintai in77 is located in Hangzhou Hubin Pedestrian Street, which is a multi-functional complex urban complex on the shores of West Lake. In 2018, in77 realized the full opening of five districts, with a commercial area of nearly 230,000 square meters, integrating five theme blocks of international famous products, dimensional utopia, fashion vane, exquisite life and uninhibited night travel, and is a model of block-style shopping malls in China, with an annual passenger flow of nearly 100 million people.
As the sixth phase of Hangzhou Hubin Yintai in77, the Quanyeli land development project is located in the core area of Hubin Pedestrian Street, close to West Lake, in77b area and Longxiangqiao subway station. The surrounding commercial facilities such as Hubin Commercial Street, Hubin Yintai in77, Kerry Center, and Hyatt Regency Hotel are complete, which can be described as a valuable inch of land.
Aerial photo of Hubin Yintai in77 business district (taken on November 21, 2023).
The project is positioned as "luxury, national fashion, social and art", and strives to build a young and diversified lifestyle and urban quality social space. After completion, it will fill the commercial gap on the west side of the northern section of the lakeside pedestrian street, and further enhance the energy level and influence of the lakeside business district.
On July 26, 2022, Quanyeli, a treasure land by the West Lake, was won by Hangzhou Shangcheng District State-owned Investment Holding Group at a reserve price of 732.41 million yuan, with a floor price of 45,95370 yuan, the premium rate is 0%.
In fact, the plot is the "Quanyeli Traditional Style Coordination Area Dilapidated Housing Reconstruction and Improvement Project", and in June 2020, Shangcheng District issued a demolition announcement, and the relocation benchmark compensation was 62,212 yuan. Since then, the site has been used as a parking lot until 2022, when it finally ushered in a new look.
At the end of September 2022, the official planning of the Quanyeli project was announced. The commercial part is distributed along the side of Dongpo Road of Hubin Pedestrian Street, and the commercial buildings need to be 100% self-sustaining, and no apartment-style offices, apartments and other buildings with residential functions shall be built, and they shall not be developed as villas and residences.
The 2 residential buildings, both of which are resettlement houses, are distributed on the side of Changsheng Road, both of which are 5-storey buildings, with 1 floor for commercial and consumer control rooms, and 2-5 floors for residential.
According to the planning requirements, the architectural style of the plot must be coordinated with the historical protection architectural style of the nearby lakeside village, retain the original street space and traditional architectural style, reflect the plane texture and spatial form of the traditional streets and alleys in Hangzhou during the ** period, and the roof form should be a sloping roof.
In addition, the color of the building should reflect the light color of ink and wash, and the form should fully reflect the characteristic requirements of traditional residential buildings in Hangzhou. In other words, the architectural style of the site will be similar to that of the surrounding lakeside estates.
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Article**: Leju buys a house