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How is the construction of Shanghai Nine Star City progressing? More than 1000 merchants intend to sign contracts and are expected to open next year

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How is the investment attraction situation of Shanghai Nine Star City under construction?


On May 18, the signing ceremony of Shanghai Nine Star City Investment Promotion was held. Photographed by surging journalist Yu Kai

On May 18, the "Dream of Nine Stars · Win Win Future" Shanghai Nine Star City Investment Promotion Centralized Signing Ceremony was held in the Nine Star City Marketing Center located in Qibao, Minhang, and dozens of brand enterprises in the field of building materials and home furnishing signed contracts on site. The reporter from www.thepaper.cn learned from the signing ceremony that after the main structure of the 9 buildings of Jiuxing City (commonly known as "Jiugongge") was completely capped in December last year, the construction of the second structure of the project is about to be completed, and the large-scale investment attraction and operation and maintenance have been fully started. The project is expected to be completed by the end of this year and open in 2025.


The effect picture of Jiuxing City "Jiugongge" provided by the interviewee


Since the first round of payment of interest money was launched by Nine Star City on April 18 this year, more than 1000 merchants have signed up in a month. Photograph provided by respondents

On April 18 of this year, Nine Star City launched the first round of interest payment collection, and the first round of contracted enterprises can enjoy various rent free periods (3 months of rent free period for decoration+9 months of rent free period for trial operation). Investment promotion policies and rent free benefits continue to overlap, and there is an endless stream of merchants for on-site consultation. As of May 18, more than 1000 merchants have intended to sign contracts within one month, reflecting the expectation of merchants for the upcoming Jiuxing City project and their confidence in the future market.

According to the introduction of Jiuxing City, the enterprises that signed the contract this time are not only famous enterprises in the field of home building materials, but also new upstarts in the industry in recent years. Among the more than 1000 merchants who intend to sign up, there are famous brands such as Siemens, Philips, Oupai, Jiumu, Kohler, etc. The merchants of the signed enterprises are still growing.

The surging journalists learned in the interview that, in view of the fact that the first round of intention signing work was far beyond expectations, Nine Star City once again timely adjusted the deadline for the first round of intention signing work, extending the first round of intention signing work to June 8, 2024, and the second round from June 8 to August 18, to attract many high-quality enterprises.


Interior design sketch of Nine Star City. Photograph provided by respondents

As an important urban commercial entity in the Dahongqiao International Business District and a landmark pilot project for the transformation of urban villages in Shanghai, the Jiuxing City project, which was demolished and rebuilt on the original plot of the Jiuxing Village Building Materials Market and "Nirvana Rebirth", covers an area of 160800 square meters, with a total construction area of 1 million square meters, including 528300 square meters of aboveground construction area and 471700 square meters of underground construction area, Aiming at the four orientations of "all categories, all grades, all customers, and all channels", we will focus on building a new platform for farmers to increase their income in a long term, build a demonstration area for collective economic transformation, and build an one-stop international home building materials trade complex in the Asia Pacific region. The new nine star will no longer be just a market, but a "grand view garden" for future life, becoming a new benchmark for the construction of Shanghai International Trade Center, a new landmark for the ecological and livable main urban area of Minhang, and a new highlight of Qibao Town's "one core, one belt, one district" strategy.

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Notice: The content above (including the pictures and videos if any) is uploaded and posted by a user of NetEase Hao, which is a social media platform and only provides information storage services.

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