{"id":50942,"date":"2025-06-26T08:15:00","date_gmt":"2025-06-26T08:15:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2025\/06\/26\/plaza-66s-pavilion-extension-tops-out-opening-in-second-half-of-2026\/"},"modified":"2025-06-26T08:15:00","modified_gmt":"2025-06-26T08:15:00","slug":"plaza-66s-pavilion-extension-tops-out-opening-in-second-half-of-2026","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2025\/06\/26\/plaza-66s-pavilion-extension-tops-out-opening-in-second-half-of-2026\/","title":{"rendered":"Plaza 66\u2019s Pavilion Extension Tops Out, Opening in Second Half of 2026"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>        HONG KONG SAR &amp; SHANGHAI, CHINA &#8211;<br \/>\n<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media OutReach Newswire<\/a> &#8211; 26 June 2025 &#8211; Hang Lung Properties Limited (SEHK stock code: 00101) (the &#8220;Company&#8221; or &#8220;Hang Lung&#8221;) has achieved a major construction milestone and topped out its Plaza 66 Pavilion Extension in Shanghai. This low-rise, standalone building will expand the complex&#8217;s retail space by 13% based on leasable floor area, adding a total of 3,080 square meters above ground. The project is set for completion in mid-2026 and opening in the second half of the year.<\/p>\n<p><figure data-width=\"100%\" data-caption=\"The Pavilion Extension at Plaza 66 has topped out on schedule and will expand the mall\u2019s retail space by 13% based on leasable floor area\" data-caption-display=\"block\" style=\"display: block;width: 100%;margin: 0px;padding: 0px;text-align: center\" align=\"center\">\n  <img data-src=\"https:\/\/images.media-outreach.com\/645536\/Photo-1-Plaza-66-Pavilion-Extens.jpg\" alt=\"The Pavilion Extension at Plaza 66 has topped out on schedule and will expand the mall\u2019s retail space by 13% based on leasable floor area\" width=\"100%\" style=\"width: 100%;margin: 0px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\"\/><figcaption class=\"\" style=\"text-align: left;font-size: 16px;line-height: 24px;display: block;margin: 0px;width: 100%\">\n<p>\n      <i>The Pavilion Extension at Plaza 66 has topped out on schedule and will expand the mall\u2019s retail space by 13% based on leasable floor area<\/i>\n    <\/p>\n<\/figcaption><\/figure>\n<p>The Pavilion Extension, i.e., Phase 3 of Plaza 66&#8217;s development, will be seamlessly connected to the existing mixed-use complex which consists of a luxury mall and two premium office towers, currently covering a total gross area of 213,255 square meters of office and retail space in Shanghai&#8217;s vibrant Jing&#8217;an District. The Pavilion Extension also includes around 3,850 square meters of public space along Nanyang Road, enhancing placemaking and creating a vibrant urban destination connecting the community.\n<\/p>\n<p><figure data-width=\"100%\" data-caption=\"Artist\u2019s impression of Plaza 66 Pavilion Extension\" data-caption-display=\"block\" style=\"display: block;width: 100%;margin: 0px;padding: 0px;text-align: center\" align=\"center\">\n  <img data-src=\"https:\/\/images.media-outreach.com\/645543\/Photo-2-Plaza-66-Pavilion-Extens.jpg\" alt=\"Artist\u2019s impression of Plaza 66 Pavilion Extension\" width=\"100%\" style=\"width: 100%;margin: 0px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\"\/><figcaption class=\"\" style=\"text-align: left;font-size: 16px;line-height: 24px;display: block;margin: 0px;width: 100%\">\n<p>\n      <i>Artist\u2019s impression of Plaza 66 Pavilion Extension<\/i>\n    <\/p>\n<\/figcaption><\/figure>\n<p><b>Pavilion Extension Project: Where Retail Leadership Meets Urban Energy<\/b>\n<\/p>\n<p>Plaza 66, distinguished by its unparalleled luxury offerings and positioning, is being expanded to cater to the evolving tastes of discerning consumers who are increasingly prioritizing personalized and exceptional experiences. New concepts of retail, dining, wellness and lifestyle, as well as event spaces will be introduced to the Pavilion Extension, further strengthening its appeal as a top-tier lifestyle destination.\n<\/p>\n<p>&#8220;This topping out represents a major step in our development strategy in mainland China, which is designed to address new consumption trends and overwhelming interest from retailers seeking to establish a presence at Plaza 66,&#8221; said Mr. Derek Pang, Senior Director \u2013 Mainland Business Operation of Hang Lung Properties. &#8220;We are also committed to curating novel experiences that blend emotional engagement with authentic cultural resonance, thereby supporting Shanghai&#8217;s urban renewal and development as an international consumption city as we continuously upgrade our portfolio. Through the extended Plaza 66, along with our other iconic property in Shanghai, Grand Gateway 66, we strengthen our retail leadership as the Pulse of the City by delivering world-class experiences that capture Shanghai&#8217;s vibrant spirit.&#8221;\n<\/p>\n<p><b><u>Notes to Editor \u2013 Facts of Plaza 66, Shanghai<\/u><\/b>\n<\/p>\n<table style=\"width: 100%;border: 1px solid rgb(0, 0, 0);border-collapse: collapse\">\n<tbody>\n<tr style=\"margin: 6px;border: 1px solid rgb(0, 0, 0);text-align: left\">\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\">\n        Opening year<br \/>\n        <\/td>\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\">\n        Phase 1 (Mall and Office Tower 1): 2001<\/p>\n<p>Phase 2 (Office Tower 2): 2006\n        <\/p>\n<p>Phase 3 (Pavilion Extension): Second half of 2026<br \/>\n        <\/p>\n<\/td>\n<\/tr>\n<tr style=\"margin: 6px;border: 1px solid rgb(0, 0, 0);text-align: left\">\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\">\n        Total gross floor area<br \/>\n        <\/td>\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\" class=\"roo-ed-selection\">\n        Phase 1 and 2: 213,255 square meters<br \/>\n        <\/p>\n<ul>\n<li>\n            Mall: 53,700 square meters\n          <\/li>\n<li>\n            Office towers: Approx. 160,000 square meters\n          <\/li>\n<\/ul>\n<p>        Phase 3 (Pavilion Extension): 3,080 square meters above ground<br \/>\n        <\/td>\n<\/tr>\n<tr style=\"margin: 6px;border: 1px solid rgb(0, 0, 0);text-align: left\">\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\">\n        Number of retail brands<br \/>\n        <\/td>\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\">\n        More than 145<\/p>\n<p>Phase 1: More than 120\n        <\/p>\n<p>Phase 3: Approximately 25<br \/>\n        <\/p>\n<\/td>\n<\/tr>\n<tr style=\"margin: 6px;border: 1px solid rgb(0, 0, 0);text-align: left\">\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\">\n        Sustainability awards and features<br \/>\n        <\/td>\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\">\n        <u>Phase 1 and 2<\/u><\/p>\n<ul>\n<li>\n            &#8220;Leadership in Energy and Environmental Design V4.0 Existing Building: Operations and Maintenance \u2013 Platinum certification&#8221; by the U.S. Green Building Council in 2022\n          <\/li>\n<li>\n            &#8220;WELL V2 Core Platinum certification&#8221; by the International WELL Building Institute in 2022\n          <\/li>\n<li>\n            100% use of renewable energy since April 2024\n          <\/li>\n<\/ul>\n<p>        <u>Phase 3<\/u><\/p>\n<ul>\n<li>\n            Nearly 100% use of low carbon emissions steel for all above ground structural steel (to be manufactured into columns and beams) and reinforcement bars, marking the first commercial real estate project in mainland China and achieving 35% reduction in the steel&#8217;s embodied carbon compared to conventional steel alternatives\n          <\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr style=\"margin: 6px;border: 1px solid rgb(0, 0, 0);text-align: left\">\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\">\n        Architect and interior design consultant<br \/>\n        <\/td>\n<td style=\"text-align: left;border: 1px solid rgb(0, 0, 0);border-collapse: collapse;padding: 6px;vertical-align: top\">\n        Phase 1 to 3: Kohn Pedersen Fox (KPF)<br \/>\n        <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Hashtag: <\/b>#HangLung #Plaza66<\/p>\n<p>\n            <em>The issuer is solely responsible for the content of this announcement.<\/em>\n        <\/p>\n<p>        <img loading=\"lazy\" src=\"http:\/\/track.media-outreach.com\/index.php\/WebView\/391590\/4121\" alt=\"\" width=\"1\" height=\"1\" style=\"width:1px;height:1px;\"\/>\n    <\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/hong-kong-sar\/2025\/06\/26\/391590\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &amp; SHANGHAI, CHINA &#8211; Media OutReach Newswire &#8211; 26 June 2025 &#8211; Hang Lung Properties Limited (SEHK stock code: 00101) (the &#8220;Company&#8221; or &#8220;Hang Lung&#8221;) has achieved a major construction milestone and topped out its Plaza 66 Pavilion Extension in Shanghai. This low-rise, standalone building will expand the complex&#8217;s retail space by &hellip;<\/p>\n","protected":false},"author":1,"featured_media":50943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/50942"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=50942"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/50942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/50943"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=50942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=50942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=50942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}