"Beijing Taikoo Place" was officially opened, becoming Swire Properties' largest single investment project in mainland China.

China News Service, Beijing, October 29 (Reporter Pang Wuji) Swire Properties announced on the 29th that the landmark comprehensive development project "INDIGO" in Chaoyang District, Beijing, has officially changed its name to "Taikoo Place Beijing". This name change will unify the existing INDIGO project and the upcoming second-phase expansion into Swire Properties' "Taikoo Place" brand system.

Taikoo Place is a high-end commercial complex brand owned by Swire Properties. Its core representative is the mature international business district located in Quarry Bay, Hong Kong, which has been developed for more than 50 years and is now the headquarters of Swire Properties.

As Swire Properties' largest single investment project in mainland China, Taikoo Place Beijing will have a total construction area of ​​more than 860,000 square meters upon completion. The project is located on the bank of the Ba River and integrates offices, retail, hotels, culture and art, healthy living and natural landscape to create a comprehensive waterfront landmark. Upon completion, the project will include eight Grade-A office buildings, a retail mall integrating indoor and outdoor spaces, a social and healthy living space "Delphi", a lifestyle hotel, and cultural, arts and leisure activity spaces.

On October 29, INDIGO, a landmark comprehensive development project located in Chaoyang District, Beijing, was officially renamed "Beijing Taikoo Place". The picture shows the unveiling ceremony of the Beijing Taikoo Place logo. (Photo courtesy of Swire Properties)

The design of Taikoo Place in Beijing is integrated with the waterfront environment, and various functional spaces are closely connected through temperature-controlled covered bridges, underground passages and outdoor trails.

David Poraj-Wilczynski, CEO of Swire Properties in Mainland China, said on the same day that the introduction of the "Taikoo Place" brand into mainland China is an important milestone for Swire Properties. Taikoo Place in Beijing will become a multi-functional destination operating around the clock, allowing people to work, shop, and connect with public spaces through diverse supporting facilities to enhance communication.

It is understood that the expanded shopping mall will have a total retail area of ​​150,000 square meters, and approximately 400 retail brands will be distributed in three interconnected areas: "Taikoo Place West", "Taikoo Place Central" and "Taikoo Place East", bringing together a combination of lifestyle, catering, leisure and experiential business formats.

In late September, four newly completed Grade A office buildings and adjacent retail spaces were completed and registered, marking an important step towards the project being fully operational. The phased delivery work is currently progressing in an orderly manner.

After the Taikoo Place project in Beijing is completed, there will also be an ArtisTree, an art space specially designed for exhibitions, performances and events, to promote creativity and exchange.