Hang Lung Breaks Ground for its Landmark Project Westlake 66 in Hangzhou

Investor News | Sep 17, 2019
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The ground-breaking ceremony of Westlake 66 is hosted by Mr. Ronnie C. Chan, Chairman (6th from right), Mr. H.C. Ho, CFO (5th from right), Mr. Adriel Chan, Executive Director (4th from left), and the senior management of Hang Lung Properties; as well as Mr. Liu Ying, Secretary of the CPC District Committee of Xiacheng District, Hangzhou (6th from left), Mr. Chai Shimin, Deputy Secretary of the CPC District Committee and District Governor of Xiacheng District, Hangzhou (5th from left), and other government officials of Hangzhou. 

We are very proud to announce today the ground-breaking ceremony for our Westlake 66 in Hangzhou, capital of Zhejiang Province, marking the official debut of our 11th large-scale commercial development on the Mainland. Westlake 66 is situated at the prime location of Bai Jing Fang in the Xiacheng District of Hangzhou, the only remaining large-scale site for commercial development in the district. The ground-breaking marks a new milestone for our portfolio expansion on the Mainland.

The ceremony was hosted by Mr. Ronnie C. Chan, Chairman, Mr. H.C. Ho, CFO, Mr. Adriel Chan, Executive Director, and senior management of Hang Lung Properties, as well as Mr. Liu Ying, Secretary of the CPC District Committee of Xiacheng District, Hangzhou, Mr. Chai Shimin, Deputy Secretary of the CPC District Committee and District Governor of Xiacheng District, Hangzhou, and other government officials of Hangzhou. 

The inspiration of the design of Westlake 66 comes from the famous natural scenery of Hangzhou’s West Lake. Integrating with the scenic landscape and the city’s historical heritage, and complemented by abundant public green spaces, the development is destined to become a world-class landmark. The shopping mall will have a rooftop garden together with the unique green spaces that will connect with the neighboring urban elements, thereby resulting in an integration of nature with the city’s metropolitan ambience. The elegant cluster of Westlake 66’s towers will be a dazzling addition to the skyline of Hangzhou. The project also preserves two ancient artefacts and some historical buildings, reaffirming Hang Lung’s principle of protecting the nation’s cultural and architectural history in our business operations.    

About Westlake 66 in Hangzhou
Hang Lung acquired the land site in May 2018.  Westlake 66 is located in the center of Bai Jing Fang, which is well served by transport infrastructure and public amenities with high passenger flow. The site will be developed into a high-end commercial complex comprising a world-class shopping mall, five Grade A officer towers and a luxury hotel. The project is planned for completion in phases from 2024.  

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Hang Lung’s management members take part in a traditional eye-dotting ceremony to celebrate the official debut of our 11th large-scale commercial project on the Mainland. 

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Westlake 66, located in the Xiacheng District of Hangzhou, is a high-end commercial complex comprising a world-class shopping mall, five Grade A officer towers and a luxury hotel. The project holds its ground-breaking ceremony held today (September 17, 2019) and is planned for completion in phases from 2024.