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Company to introduce the iconic Taikoo Place brand to the Chinese Mainland
In recognition of the significant expansion of INDIGO Beijing, Swire Properties’ successful, mixed-use development located in the heart of Chaoyang District, the Company has revealed plans to rename the commercial landmark as Taikoo Place Beijing. This decision marks the debut of the Company’s renowned “Taikoo Place” brand in the Chinese Mainland. Taikoo Place is widely recognised as one of Hong Kong’s best-planned commercial hubs and a Global Business District.
Taikoo Place Beijing will combine the existing, mixed-use INDIGO development1 with its Phase Two extension. Upon completion this expansive commercial complex will feature eight Grade-A office towers, a premium shopping mall with indoor and outdoor concepts, and a new EAST lifestyle hotel and serviced apartments. Spanning a total of 860,000 sqm, Taikoo Place Beijing will set new standards for integrated, mixed-use developments in the city.
Swire Properties has established the iconic Taikoo Place brand in Quarry Bay, in the Eastern district of Hong Kong island. Over the past 50 years, Swire Properties’ placemaking efforts have transformed the area from a former industrial estate and dockyard into a modern commercial hub with excellent transport connections. It continues to evolve today, as highlighted by the ambitious Taikoo Place redevelopment programme, which has transformed Taikoo Place into one of Hong Kong’s preferred business locations, providing the next generation of high quality, sustainable office space, with health and wellness amenities, situated amongst beautifully curated public spaces, parks and gardens. The latest phase of transformation has elevated the area into a Global Business District.
Since opening in 2012, INDIGO Beijing has showcased Swire Properties’ visionary approach to creative transformation and placemaking in the Chinese Mainland. Located close to the internationally renowned 798 Art District and with direct metro connections, INDIGO Beijing is home to a vibrant community where people work, live and play and it has transformed the whole area into one of the most popular leisure, retail and business destinations in Chaoyang District and for the city.
In 2020, in recognition of the long-term potential of the existing INDIGO development and of the Jiangtai area, Swire Properties, together with its partner, further committed RMB23 billion to the extension of INDIGO Beijing (Phase Two). This major investment was increase the Company’s footprint in the capital, and to align with the Government’s “Beijing City Master Plan (2016-2035)”, which positions Jiangtai as an integral part of the Chaoyang District Plan.
“We are delighted to be introducing the Taikoo Place brand to the Chinese Mainland,” said Tim Blackburn, Chief Executive of Swire Properties. “Taikoo Place Beijing represents our single biggest investment and our largest project in the Chinese Mainland. The renaming reflects our confidence in the project and our long-term commitment to investing in Beijing as the capital city. We are optimistic that Taikoo Place Beijing, upon completion, will emerge as another world-class destination, raising the bar for quality mixed-use communities and transforming the area into a vibrant business hub in Beijing.”
Don Taylor, Director, Office of Swire Properties, said, “In Hong Kong Taikoo Place exemplifies our commitment to placemaking. We are excited to bring this successful concept to Beijing, creating the next-generation business and lifestyle destination through sustainable design and a comprehensive mix of health and wellness amenities. We aim to develop this district into a vibrant community, incorporating the creative local art and cultural scene, and blending work and life together seamlessly. Given the scale of this ambitious development, Taikoo Place Beijing will create its own submarket in the capital, and ultimately help to shape the future of Beijing’s commercial landscape."
The development’s seven new premium Grade-A office towers each stand 80 meters high. These towers are a departure from traditional high-rise designs, offering human centric workspaces with internationally recognised ESG credentials. The entire development will enjoy seamless connectivity, with indoor-to-outdoor walkways linking each of the office towers to the retail, hotel and amenity spaces, together with direct subway connectivity for easy access.
Taikoo Place Beijing will also leverage the success of the existing INDIGO Beijing retail mall. The extension of the mall with its green spaces, will be fully integrated with INDIGO Beijing’s open design, positioning Taikoo Place Beijing as a unique urban oasis in the city. Acknowledging Jiangtai’s lively art scene, arts and cultural amenities will be an important part of the development, with the aim of cultivating an innovative and creative retail space for customers, tenants, guests as well as the surrounding neighbourhood community.
At the heart of all these exciting new offerings is “The Delphi”, a dedicated communal space that will nurture creativity and promote collaboration and wellness. The space aims to bring office workers, retail customers, hotel guests and visitors together by creating a hub for social interaction, knowledge sharing, cultural events and wellbeing. These unique amenities will be complemented by expansive green spaces along the revitalised Bahe Riverfront, creating an environment that connects the wider community with nature.
The new EAST Hotel will offer guests a personalised hospitality experience combined with a modern and thoughtful design. It also features multi-functional gathering spaces, larger room sizes and a selection of signature F&B outlets.
Taikoo Place Beijing is set to open in phases from the end of 2026 onwards.
1 The new name will be adopted by the existing INDIGO mixed-use development upon the opening of the Phase Two extension.
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Image 1-2, Taikoo Place Beijing name launch ceremony
Swire Properties and its partner unveiled the logo of Taikoo Place Beijing together with representatives from the Chaoyang District Government and Jiangtai Township Government of Beijing Chaoyang District. (From left to right): partner representative; Li Bo, Mayor of Jiangtai Township; Tim Blackburn, Chief Executive of Swire Properties; Zhao Haidong, Member of the Standing Committee of CPC Beijing Chaoyang District Committee, Deputy District Mayor; partner representative; Don Taylor, Director, Office of Swire Properties
Tim Blackburn, Chief Executive of Swire Properties, delivers speech at the Taikoo Place Beijing Brand Unveiling event
Image 3-8, Project rendering of Taikoo Place Beijing (based on the design scheme as of October 2024)
About Swire Properties
Swire Properties develops and manages commercial, retail, hotel, and residential properties, with a particular focus on mixed-use developments in prime locations at major mass transportation intersections. Swire Properties is listed on the Main Board of the Stock Exchange of Hong Kong and its investment portfolio in Hong Kong comprises Taikoo Place, Pacific Place, Cityplaza, Citygate. The Company’s completed portfolio in Hong Kong comprises approximately 1.54 million sqm (approximately 16.5 million sq ft) of space.
In the Chinese Mainland, Swire Properties has six completed mixed-use developments. They include Taikoo Li Sanlitun and INDIGO Phase One^ in Beijing, HKRI Taikoo Hui and Taikoo Li Qiantan in Shanghai, Taikoo Hui Guangzhou and Taikoo Li Chengdu. Taikoo Place Beijing^, Taikoo Li Xi'an, Taikoo Li Sanya*, New Bund Mixed-use Project and Lujiazui Taikoo Yuan in Shanghai and retail portion of Julong Wan project in Guangzhou are currently under development. The Company’s completed portfolio in the Chinese Mainland comprises approximately 1.3 million sqm (14 million sq ft) of space.
In addition to Hong Kong and the Chinese Mainland, the Company has a presence in the United States, Indonesia, Vietnam, Singapore and Thailand.
Visit Swire Properties’ website at www.swireproperties.com
^Comprising INDIGO Phases One & Two, the project will be renamed “Taikoo Place Beijing” upon completion of the Phase Two extension.
*Project name to be confirmed.