Dalian Wanda Group, founded in 1988, has formed four major industries, namely commercial real estate, high-class hotels, culture and tourism, and department store chains, with corporate assets reaching 380 billion yuan in 2013 and net profit exceeding 12.5 billion yuan. It has opened nearly 100 Wanda Plazas, 51 five-star hotels, 6,200 movie screens, 75 plus department stores, and 81 mass-market KTVs across the country. 2015 target: 500 billion yuan in assets, 300 billion yuan in annual revenue, and 20 billion yuan in net profit to become a world-class enterprise. Shiyan Wanda Plaza is another masterpiece of Wanda after Wuhan, Huangshi, Jingzhou, Jingmen, Yichang and Xiangyang, which is the seventh city in Hubei. The project is located at the junction of North Beijing Road Extension and Development Avenue in Zhangwan District, invested by Wanda Group, with a total investment of about 6.5 billion yuan and a total construction area of 830,000 square meters, it will be an urban complex integrating international shopping center, urban commercial street, five-star hotel, high-grade office building, all-round SOHO, urban mansion and other modes of business. Wanda Group, as a cultural industry group in China, will effectively utilize its experience in cultural tourism operation and rely on the long-lasting cultural tourism resources of Shiyan City in an effort to build Shiyan into a world-class cultural tourism destination and further enhance the status of Shiyan as a tourist city. After the completion of the project, it will have a positive and far-reaching impact on perfecting the city functions, upgrading the city's taste, and enhancing the city's comprehensive competitiveness and external influence.
Current average price: 13,000 yuan/square meter.
Property Type: Residential,Commercial-Office,Commercial-Shop,Complex.
Property rights: 70 years for civil use, 40 or 50 years for commercial use.
Click to view:Shiyan Wanda Plaza stores details.