Page 71 - #181 May 2023
P. 71

11 SKIES - Hong Kong
                                                                                                  Developer: New World Development


























              the nucleus of a new High Technology Development District, north   rest of the world.
              of the city and is situated at the confluence of Zhenxing Middle Road   JQZ, a Sydney-based property development firm, has collaborated
              and Huachang Road, surrounded by natural river courses and green   with Colliers to launch Mall 88, a new shopping destination, in the heart
              belts. Peripheral retail developments within a five-kilometer radius are   of Sydney’s St Leonards. The mall, which has an 8,000sq m retail space, is
              currently inadequate for the expected high-profile population growth   designed to be a lifestyle destination for both locals and visitors. Across
              within China Jinmao Group’s new Smart City. The philosophy of 3MIX   four levels, Mall 88 features an open-air plaza and dining area with a
              when designing the project was to create a place that fits to its landscape,   mix of cafes, alfresco dining and a laneway eat street, as well as a public
              neighbourhood and lifestyle of its customers.         library and medical centre. According to Julia Batterley, Colliers’ MD of
                A game-changing retailtainment destination, 11 SKIES will be Hong   real estate management, Mall 88 is the area’s first modern retail precinct
              Kong’s largest hub for retail, dining and entertainment and the first to   that incorporates a civic plaza and public library. In addition, the mall is
              combine wealth management and wellness services in one complete   anchored by a full-service Coles supermarket, Vintage Cellars, a Medical
              ecosystem. Opening in phases from 2022 to 2025 by New World   Centre and an Asian supermarket, as well as a variety of premium dining
              Development, it is set to bring brand new experiences for consumption,   and service brands spread across 30 retail establishments. The centre
              entertainment and wellness services to everyone. 11 SKIES will bring   also has 374 undercover parking spaces. The reimagined newest retail
              together 3.8 million square feet gross floor area; 2.6 million square feet   destination in St Leonards is key to JQZ’s strategy to supply customers
              of retail space, encompassing over 800 shops and more than 120 dining   with a new “live, work and play” area and fill a retail void on Sydney’s
              concepts; 570,000sq ft  of experience-based  entertainment  facilities   north shore market.
              including immersive, fun and interactive role-play learning experiences   The new 39-storey mixed-used project Park Silom shopping centre
              at KidZania and Grade-A office towers. Strategically located right next   is set to launch in June in the heart of Bangkok’s Silom, positioned as a
              to the Hong Kong International Airport, Hong Kong-Zhuhai-Macao   ‘Third Space Retail’. Park Silom, developed under NYE & RPG Company,
              Bridge and Tuen Mun-Chek Lap Kok Link, 11 SKIES will benefit from a   is a partnership between Thai retail giants – Minor International, Siam
              high volume of passengers who travel through Hong Kong International   Piwat and NYE Estate. The centre’s retail space – which spans 9,300sq
              Airport, which recorded 71.5 million in 2019 and will become a   m over five storeys – will be managed by Siam Piwat, offering a new
              centrepiece within the GBA ‘one-hour living circle’ and a gateway to the   retail concept it dubs ‘Everyday Indulgence for New Breed City Living’.






































                                                                                                         Mall 88, Sydney, Australia
                                                                                                              Developer: JQZ
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