Starbucks Sells China Business for $4 Billion; Longfor Commercial Signs Deal to Operate Beijing World Trade Skywalk; Nation’s First Panda-Themed Outlet Mall Breaks Ground…

Wuhan Yiwei Neighborhood Center Debuts, Scheduled to Open in 2026.On November 6, a brand promotion event themed “Building an Ideal Community Gathering Place” was held at the Wuhan Yiwei Neighborhood Project Leasing Center, located along the Optics Valley Ecological Corridor. This leasing salon marked the project’s first public offline debut. As the first neighborhood lifestyle center in Optics Valley, the project is owned by Hubei Science & Technology Investment Group Co., Ltd. and entrusted to CapitaLand Investment Management for operations.During the event, Yiwei’s key anchor stores—including the supermarket, cinema, KTV, and gym—were unveiled together, revealing the “ideal lifestyle” concept for East Optics Valley. The project is scheduled to open on April 30, 2026.Yiwei Neighborhood is situated in Wuhan East Lake High-Tech Development Zone (also known as “China Optics Valley”), bordered by Fozuling East Street, Fenglin Street, Dalu Road, and Yufeng Road. The total construction area is approximately 86,000 square meters, positioning itself as “the birthplace of ideal life in Optics Valley” and the first new-generation neighborhood lifestyle center in the China Optics Valley region.Beyond commercial facilities, Yiwei Neighborhood also incorporates multiple community services, including a micro-government service center, community governance center, and community health service center, creating a 15-minute convenience circle for local residents.

The community health service center is already operational. Additionally, the project includes a 15,000-square-meter community park integrating fitness, greenery, and leisure activities. The park is designed as a safe, vibrant green public space connecting the community, enhancing regional vitality and image, and offering local residents an open, inclusive, smart, and healthy urban living experience.Changsha’s First Non-Standard Commercial Project Debuts: Bixiang Chuxiang Ushers in a New Era.On the evening of November 3, a forum and brand launch event themed around the dialogue between tradition and innovation was successfully held at Orange Isle, Changsha. The city’s first non-standard commercial project, Bixiang Chuxiang, officially made its public debut.As the only newly built commercial project in the Wuyi Business District of Changsha in the past decade, Bixiang Chuxiang is a city-level non-standard commercial street jointly developed by Changsha Urban Development Group’s subsidiary Changsha Chengfa Hengwei Real Estate Co., Ltd. and CapitaLand Investment. Its debut signals a new phase for Changsha’s commercial landscape, integrating the city’s cultural DNA, promoting consumer upgrades, and leading a new standard in urban commercial development.China Construction Xingfu Mall Qingdao Zhongde Branch Grand Opening.

On November 4, the Zhongde branch of China Construction Dongfu Asset Management’s first light-asset commercial project in Qingdao—China Construction Xingfu Mall—officially opened at Qingdao Zhongde Ecological Park. The project, the region’s first large-scale commercial complex, covers 60,000 square meters and officially opened on November 1.Positioned as a “healing ecological green valley,” the project serves a surrounding 8-kilometer radius with approximately 200,000 residents. The business layout emphasizes a “industry + ecology + commerce” integrated scenario, incorporating eco-experience commercial modules to strengthen regional industry-city linkage.Longfor Commercial Signs Deal to Operate Beijing World Trade Skywalk Project.On November 5, Longfor Commercial announced via poster that it had signed an agreement with Beijing Aozhong Xingye for the Beijing World Trade Skywalk project. This marks Longfor Commercial’s tenth commercial project in Beijing. The project is planned to become a CBD commercial aesthetic landmark, with potential for introducing new brands and formats in the future.Xiamen Xiang’an’s First TOD Integrated Street Officially Opens.On November 1, Xiang’an South New City TOD · Jinyueli, developed by Xiamen Metro, officially opened. Targeting a youthful and vibrant street atmosphere, several key brands are now operational.

This marks the first TOD integrated street in Xiang’an District.Located near the Houcun Station exit of Metro Line 3 on Xiang’an East Road, the project covers approximately 4,250 square meters and serves as an important practice of TOD commercial operations within the community. Over 30 brands have been introduced, including KFC, Xiamen Lusheng Supermarket, Momo eSports, Maishan Tea, Bodong Billiards, Luckin Coffee, and Tangchao. Notably, Momo eSports is the first store in Xiamen, while Tangchao is the first in the region.China’s First Panda-Themed Outlet Mall Breaks Ground, Planned for May 2027.On October 31, the Bailian Outlet project in Chengdu began construction at the Chengdu Panda International Tourism Resort. This is Bailian Group’s first “self-owned land, self-built, self-operated” project in Southwest China. The project has a total investment of nearly 3 billion RMB, occupies approximately 100,000 square meters, and has a total construction area of around 140,000 square meters. It is located just 200 meters from the south gate of the Chengdu Research Base of Giant Panda Breeding.Leveraging unique regional resources and the panda IP, the project breaks the traditional outlet model to create China’s first panda-themed experiential 3.0 flagship outlet mall, combining shopping, entertainment, sightseeing, and interaction. Scheduled to open in May 2027, it will introduce over 200 domestic and international brands, including outlet first stores, and is expected to attract over 10 million visitors annually.