Breaking News

Up to 200,000 people estimated to travel to Vermont for total solar eclipse How fast will April’s total solar eclipse travel? The UN Security Council demands a ceasefire in Gaza during Ramadan Mexico in the emerging world order Pennsylvania State Guard Organizes Lithuanian Foreign Minister US Abstention from UN Security Council Resolution on Gaza – US State Department USA beats Mexico 2-0 thanks to goals from Adams and Reyna to win 3rd consecutive CONCACAF Nations League Mexico x United States | Highlights Meaning | The Case for American Intervention in Haiti Julian Assange to hear results of key US extradition ruling

Aerial View of K11 Ecoast. Photo: K11 Group.

Hong Kong real estate developer and art collector Adrian Cheng has unveiled plans for a massive waterfront development in Shenzhen that will be a cultural and retail hub for the fast-growing southeast Chinese city. Dubbed K11 Ecoast, in line with Chen’s K11 art center brand, the project will span 2.4 million square feet on the edge of Prince Bay in Shenzhen’s prime Nanshan district. Estimated to cost 10 billion yuan ($1.4 billion), the complex is expected to be completed in 2024 and will include a bayfront promenade, shopping mall, office, and multipurpose arts space.

Cheng has secured the services of fifty architects and artists from around the world to assist with the project. Among the first are British architect David Chipperfield, Dutch architect Rem Koolhaas’s OMA, and Japanese architect Sou Fujimoto. British sculptor Phyllida Barlow and Polish installation artist Monika Sosnowska have been commissioned to create public works “in honor of Shenzhen’s unique culture,” alongside a roster of Chinese and international artists.

Cheng founded K11 in 2008. The concern currently operates a seven-story art-and-retail center and the culture-commerce K11 Musea, the latter of which is touted on its website as an “art incubator and the craftsman.” Both complexes are located in Hong Kong’s Tsim Sha Tsui, a shopping and nightlife district in Kowloon. K11 Ecoast is being developed jointly with Hong Kong property developer New World Development Company Limited, K11’s parent company and Shenzhen-based China Merchants Shekou Holdings. The effort represents just one aspect of the Vision 2035 program established by the mainland government to develop nine of the country’s southern cities into cultural and business hubs during the next thirteen years.

Leave a Reply

Your email address will not be published. Required fields are marked *