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K11 ECOAST, Shenzhen, China Developer New World Development Company

ASIA

Soft opened in September last year, the M8 revitalisation project harbour, it comprises several key components: the cultural retail land-
in Macau, China by developer China Construction Engineering mark K11 ECOAST, the multi-functional cultural space K11 Cultural
(Macau) Company Limited aims to make a positive contribution to Centre, the next-generation office space K11 ATELIER and the coastal
cultural tourism within the city. The development revolves around promenade.
creating a harmonised mixed-use urban cultural quarter that will Phoenix Mills, India’s largest mall operator, plans to expand its
serve as a contemporary lifestyle retail and cultural destination. retail portfolio from 11.5 million square feet to over 14 million square
With the objective of attracting visitors from both regional and feet by 2027 and 18 million square feet by 2030. The growth will be
international, this new destination will offer diverse opportunities driven by new developments in cities such as Kolkata, Surat, Coim-
to enhance Macau’s role as a co-creating hub for the promotion of batore, Thane and Chandigarh. Phoenix Mills also aims to add four
cultural tourism in the neighbourhood. Taking inspiration from hundred thousand square feet to its Lower Parel property within two
the rich heritage and stories of the past, the nine-storey-high retail years. The company is currently working on three new projects, one
destination will provide quality-crafted experiences that evoke an of which is Phoenix Grand Victoria in Alipore, Kolkata. The project
authentic sense of place. The spatial layout will take cues from Macau’s was announced in 2021 while the construction started in 2023. The
local heritage buildings and feature an open-plan hall that encourages mall is planned to be based on a 7.48 acre area with one million square
interaction among visitors and activities. The central escalator hall feet of retail area in its first phase, which is on course to open in 2026.
will connect each level, facilitating connectivity between shops, events, Along with retail shops, the mall will contain a multiplex, food court,
exhibitions and restaurants. On the rooftop garden, guests will be able gaming and entertainment space and a wellness centre. There will be
to not only enjoy views of Macau’s local streets, but also participate in 1,834 underground parking spaces.
diverse events promoting cultural exchange and celebration. Set in the thriving neighbourhood of Bangalore and developed by
The K11 ECOAST Cultural and Art District opened its doors earlier Sai Lakshmi Industries Private Limited, Essensai067 is more than
this year in Shenzhen, China. The project, led by K11 brand founder a retail development - it is a reimagined social space where food,
Adrian Cheng, has been in preparation for over seven years. Adhering fashion, art and music come together to foster human connection.
to the core philosophy of “Art, Humanity and Nature”, K11 ECOAST Spanning 5.16 acres and opened earlier this year in April, this dynamic
leverages the natural scenery and expansive space of Taiziwan to indoor-outdoor interactive development offers over 155,355sq ft of
create a “luxurious-style” urban public space where people can enjoy thoughtfully designed spaces. Key features of the site include retail
the coast, immerse themselves in art and take leisurely strolls. K11 & culinary delights across 23 premium retail units and 12 diverse
ECOAST features a total construction area of nearly 230,000sq m and F&B outlets. There will be unique experiences on site through an
with an overall appearance resembling a giant ship berthed in the adventure park, a pet-friendly plaza and an amphitheatre for curated

46 Retail & Leisure International November 2025