Hong Kong developer New World plans to launch ‘Front Tower’ office building in Hangzhou

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Hong Kong developer New World plans to launch ‘Front Tower’ office building in Hangzhou - SCMP

Quick Summary:

Beleaguered developer seeks to capitalise on a tech-fuelled revival in the eastern city’s property market.

The tower is part of the New World City Arts Centre, an 8 million sq ft commercial complex that includes grade-A office buildings, a luxury hotel, a shopping centre and residential flats.It is about 2.5km from the West Lake and 1.5km from the Qiantang River, two of the city’s most visited tourist attractions.

Front Tower has a total of 280,000 sq ft, and its floors range in size from 16,000 to 38,000 sq ft.