On January 26, the topping out ceremony of Xinggu New Consumption Complex in Pinggu District was held. It is expected that by the end of 2024, a new consumer complex integrating social, cultural, leisure, food, entertainment and shopping will be opened and operated.
Xinggu New Consumption Complex, namely Wanda Plaza, is located on the northwest side of the intersection of Pinggu Street and Pingxiang Road in Pinggu District, with a total land area of about 4670,000 square meters, with a total construction area of about 15120,000 square meters. The project will start construction on March 22, 2023 and will be delivered and put into operation by the end of 2024, creating a new consumption complex integrating socialization, culture, tourism, food, entertainment and shopping, creating an instant consumption micro-resort center, accelerating the pace of construction of regional commercial supporting facilities, and actively embracing new consumption and new life.
The construction of the Xinggu New Consumption Complex Project fully integrates the resources and development advantages of Pinggu District and the industrial advantages of Wanda in the early planning, planning and design, and later investment promotion and operation. Starting from urban design, under the premise of full demonstration of urban axis, park landscape and road interface, integrate urban, commercial and park resources. After the completion of the project, it will further enhance the leisure consumption level and consumption capacity of Pinggu District, better meet the new consumption needs of residents and serve the construction of the capital's consumption center city, create a new landmark in the city, and add momentum to the construction of Pinggu District.
The project innovation adopts the model of first-class guidance, China Construction First Bureau undertakes the construction, and Wanda operates and manages. Under the influence of the policy of "changing cages for birds", turning idle land into high efficiency, and promoting urban renewal in Pinggu District, the project investment and construction party Pinggu District Lianfu Industrial Management Co., Ltd. will redevelop idle land and build new consumption complexes. Wanda Commercial Management carries out the overall operation, and through professional operation and management, it can effectively revitalize idle land resources, improve urban functions, improve urban service quality and regional commercial value, and promote the agglomeration of industrial elements, which is expected to provide more than 4,000 jobs for the local area.
It is understood that since the signing of the cooperation framework agreement between Pinggu District and Dalian Wanda Group in December 2021, in accordance with the principle of "first-class support, enterprise participation, marketization, and sustainability", the two sides have worked together to build a rural revitalization pilot area, giving full play to the advantages of Wanda Group in the fields of physical commerce, cultural tourism, sports, Internet +, etc., and promoting in-depth cooperation in four aspects: introducing Wanda sports brand resources, introducing Wanda high-end hotels, preparing Pinggu Wanda Plaza, and researching and planning Jinhai Lake Cultural Tourism Town.