Go back to work. According to relevant information, the development of T-Bay in 2022 was officially started on March 3, 20221. The latest progress shows that Evergrande T-Bay Project has been taken over by Yantai State-owned platform Shandong T-Bay Nanhai New City Investment and Development Co., Ltd. and renamed as Xiangdaowan, Jiaodong, China. At present, construction has started, and the estimated delivery time is 2023.