Hang Lung Properties (0101) said it partnered with Wuxi Liangxi City Development Group to secure a long-term operating lease for a landmark commercial redevelopment project in central Wuxi, aiming to foster synergy with the adjacent Center 66.
Formerly known as the Wuxi New World Department Store, the project will add approximately 47,000 square meters of commercial space, expanding the total retail footprint of the Center 66 complex by 38 percent to approximately 169,000 square meters.
Located in Wuxi central business district and connected to the subway, the new project is planned to introduce over 80 brands spanning food and beverage, fashion, and lifestyle experiences, the developer said.
Chief executive officer Weber Lo Wai-pak said that the project not only serves as a testament to Hang Lung’s core operational capabilities but also reflects the invaluable trust and support of Wuxi and Liangxi District governments.
