The CityOn.Zhengzhou Shopping Center is awarded as China’s Most Prospective Commercial Real Estate Project
The CityOn.Zhengzhou Shopping Center opened on March 16, 2017, which is the second high-quality shopping center jointly developed by Taubman Asia and Wangfujing. Located in the heart of Zhengdong New District, Zhengzhou’s booming central business district, the six-level, 94,000 square meter / approximately one million square foot shopping and dining destination will offer a curated mix of domestic, international and lifestyle brands from fast fashion to accessible luxury anchored by a four-level Wangfujing department store. Its fast fashion brands, designer brands and lifestyle brands meet diverse needs from Zhengzhou customers; its various foods at home and abroad covering different price level and good service satisfy different tastes of customers here. As an exceptional leisure destination, CityOn.Zhengzhou will also provide families with many kid-friendly, educational and entertainment offerings.
About Taubman Asia
Taubman Asia is a subsidiary of U.S. Mall operator Taubman Centers, a leader in the shopping center industry. Taubman Asia is the platform for Taubman Centers' expansion into China and South Korea and focuses on owning, managing, and/or leasing high-quality and sustainable retail real estate projects in Asia that leverage Taubman's strong retail planning design and operational capabilities. For more information about Taubman Asia, visit www.taubmanasia.com.
About Wangfujing Group Co., Ltd.
Founded in 1955 at China’s busiest commercial street in Beijing, Wangfujing Group Co., Ltd has enjoyed a history of over 60 years.
Over the last 60 years as China transformed to a market-oriented economy, Wangfujing Group Co., Ltd has enjoyed a reputation at home and abroad as evolving from the first store of new China to the top department store in China, leading the retail industry development. Never having deviated from its original mission, the group continues to be recognized as the industry leader, committed to transforming its traditional department store business into a modern retail group.
The group’s current sales network spans seven major economic zones in China, operating 50 large-scale retail stores, covering various retail formats including department stores, shopping malls and outlet business formats. The group offers an operating area of approximately 2 million square meters.