Ordos Group develops "Shanghai Bay" in Shanghai

Ordos Group develops "Shanghai Bay" in Shanghai

The Ordos Group has one more son in the field of commercial real estate in Shanghai. After investing in “Times Mall Jewelry Plaza”, “Shanghai Bay” in the “New Shanghai Commercial City” area of ​​the Pudong New Area of ​​Shanghai has entered the merchant attraction stage. It is reported that Shanghai Jiuda Real Estate Co., Ltd., under the Ordos Group, has a total investment of nearly 650 million yuan in this project and is expected to be officially introduced to the market next year.

Shanghai Bay Ordos International Plaza (abbreviated as “ShangHai Bay”) is located at the center of Pudong’s new Shanghai commercial city—the Yaohan business district. It was purchased by CapitaLand Group from the Ordos Group. The project covers an area of ​​17,400 square meters, including 21-storey office building with a building area of ​​23430 square meters, and a 258-meter-long commercial block. Savills related sources said that the Upper Bay store will focus on highlighting the popular elements of personality and fashion, and will consider introducing food and beverages from around the world.

It is understood that in addition to the main industry cashmere clothing, Erdos Group involved in real estate, electronics, energy and other fields. The first commercial real estate project to enter Shanghai is "Times Mall Jewelry Plaza."

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