Jingzhan Department Store is planting its flag in Kaohsiung for the first time! TSMC kicks off 8.85 billion yuan capital replacement project
It is planned to import Jingzhan Department Store and build 618 science and technology talent dormitories, which are expected to be completed by the end of 2030.
Quick Look
- The construction of the public office building on the A5 street east of the Kaohsiung MRT R17 World Games Station started on the 13th.
- Rishengsheng invested more than 8.85 billion yuan and planned to introduce the Beijing Station Department Store and build 618 science and technology talent dormitories.
- It is expected to be completed by the end of 2030.
AI-generated summary
Why It Matters
Kaohsiung City promotes the public office building project of A5 street in Nanzi District Oil Factory Section. The city government cooperates with the Nanzi Administration Bureau to support the development of the semiconductor industry in Nanzi Third Industrial Park. The base is adjacent to the MRT R17 World Transport Station and is planned to be connected to the station by a three-dimensional sky bridge.
The Kaohsiung MRT R17 World Games Station A5 public office renovation project officially broke ground on the 13th, with Rishengsheng’s investment exceeding 8.85 billion yuan. (Photo by reporter Zhang Yayun)
Taipei’s famous Jingzhan Department Store is expected to plant its flag in Kaohsiung for the first time! Rishengsheng invested more than 8.85 billion yuan in the "Kaohsiung MRT R17 World Sports Station East Side A5 Street Office Urban Renovation Project" which started groundbreaking on the 13th. It is about 1.5 kilometers away from TSMC's Kaohsiung factory. It plans to use 1,000 square meters of commercial facilities and evaluates the introduction of the Beijing Station Department Store. It will also build 618 dormitories for scientific and technological talents. It is expected to be completed by the end of 2030.
Lin Qinrong, deputy mayor of Kaohsiung City, said that the project is located in the oil factory section of Nanzi District and covers an area of about 4,200 square meters. It is promoted by the city government and the Nanke Administration Bureau to build three buildings, including about 15,000 square meters of Grade A commercial offices, a 600 square meters of high-load laboratory, 1,000 square meters of commercial facilities, and 618 service-type employee dormitories to support the development of the semiconductor industry in Nanzi Third Industrial Park.
Lin Qinrong pointed out that TSMC's Kaohsiung plant plans to build six wafer fabs. Advanced manufacturing processes require "Just in Time" real-time services, and supply chain manufacturers must set up nearby fabs. He emphasized that "when industries move in, talents must live in peace." The 618 houses will be allocated and managed by the city government to provide accommodation needs for employees in the technology industry.
Qianping Shopping Mall Targets Tech Population
Lin Rongxian, chairman of Rishengsheng, said, "What Rishengsheng values is how much value this park can create for enterprises, talents and Taiwan in the future." With the development of the Kaohsiung Semiconductor S Corridor and the increase in the scientific and technological population, it plans to introduce its Beijing Station Department Store to combine catering, retail and life services to meet the needs of corporate employees, surrounding residents and business people. Lin Rongxian emphasized, "We will support urban development with commercial services and create urban value with long-term operations."
The base is adjacent to the MRT R17 Shiyun Station and will be directly connected to the station through a three-dimensional sky bridge in the future. Lin Qinrong revealed that eight foundation piles of the aerial bridge have been completed so that employees can walk to their offices or dormitories after getting off the MRT.
Lin Qinrong reveals efficiency password
Kaohsiung City MRT Director Wu Jiachang said that the contract was signed on April 28 this year, the urban renewal project and rights transformation plan were approved on October 2, and the construction license was obtained on October 30. It only took 5 months from application to obtaining the construction license, which was 3 months ahead of the city government's "168" standard.
Lin Qinrong said with a smile, "The five of A5 means five months to complete it. It is not a password for stocks, it is a password for administrative efficiency." He also revealed that this may be the fastest review case in Kaohsiung City. The entire project is expected to be completed by the end of 2030, when approximately 15,000 square meters of commercial offices and 618 service-oriented employee dormitories will be provided.
What to Watch
AI outlook — possibilities, not facts
Beijing Station Department Store will enter the city to update commercial facilities
Likely · Within months
The urban renewal project will be completed by the end of 2030
Very likely · Within years
Open Questions
- Is Jingzhan Department Store finally confirmed to enter the store?
- Specific rent and application qualifications for 618 dormitories
- Rental pricing and investment promotion progress of commercial and office spaces







