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A New Plaza to Be Added to West-of-lake SIP

Hai Tian Plaza, a business complex in the commercial area of west-of-lake SIP, broke ground for construction on Dec. 17. The 170,000 sq. m. modern business center located at the heart of CBD of SIP is to become a commercial hub of SIP and the whole of Suzhou. Municipal leaders Wang Jinhua and Wu Yanchi attended the ground breaking ceremony yesterday.

Hai Tian Plaza lies between Central Park and Tianxiang Residential area, to the south of City Mansion and to the west of Renaissance Suzhou Hotel, at the very heart of Suzhou CBD. The 22-storied plaza will contain an intelligent office building, a large department store, serviced apartments, and underground parking lot.

This project of 800 million RMB investment will be completed within two years, and the sales will begin next year, with priority given to banking, insurance, trade, law servie, accounting, and consulting, etc. The office building will mainly be leased to multinational HQs, accounting centers, foreign-funded banks, and so on.

Dec. 18, 2005

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