CapitaMalls Asia continues its expansion in China with plans to open a new shopping mall in Wuhan.
The developer says the mall, which will be its fourth in Wuhan, is scheduled to open in 2015.
The mall will be located in Qiaokou District, one of the busiest arterial roads in Wuhan’s Hankou area. The retail space will span 160,000 sqm over six floors. It will have a car park for 2100 vehicles.
“There is currently a lack of good shopping malls in the Gutian area, and our new mall will meet the under-served retail needs and aspirations of the residents here,” said CEO Lim Beng Chee.
Wuhan is the capital city of Hubei Province and the largest city in central China, with a population of close to 10 million residents.
CapitaMalls Asia’s other malls in Wuhan are at Wusheng and Minzhongleyuan in the Hankou area, which are already operational, and CapitaMall 1818 currently under development.
The new project takes the company’s portfolio to 60 centres in 36 Chinese cities, of which 49 are operational and 11 under development.
GB
