Greenland Group starts RMB 3-bln mixed-use project in Nanchang

Jul. 1, 2009 (China Knowledge) - Greenland Group on Jun. 30 started construction on a mixed-use property project costing RMB 3 billion in Honggutan New District, Nanchang, the capital of Jiangxi Province, sources reported.

The project, which covers a land area of 173 Mu and has a potential floor area of 430,000 square meters (sq m), will consist of twin towers over 180 meters tall containing Grade-A office space, a five-star hotel, shopping malls and a high-end apartment building.  

Greenland said that one of its commercial property projects, which is named Greenland Zifeng Plaza and is located in Nanjing, the capital of Jiangsu Province, will be put into operation next June and that it will be the first tall building of the province. The skyscraper's main building will have an estimated height of nearly 380 meters.

Reportedly, Greenland will spend RMB 7 billion to join the development of a mixed-use property project in Yan'an City, Shaanxi Province. The huge project, which covers a land area of 3,800 Mu and has a potential floor area of 2.7 million sq m, will start construction in September this year.