Swire Properties has partnered with Xi’an Cheng Huan Cultural Investment and Development Co., Ltd., a state-owned subsidiary of Xi’an Qujiang New District Management Committee, to develop Taikoo Li Xi’an, a retail-led, mixed-use development located in the Beilin District of Xi’an, capital of Shaanxi Province. Swire Properties and Xi’an Cheng Huan Cultural will hold a 70% and 30% interest respectively, with total investment expected to be approximately RMB 10 billion. Taikoo Li Xi’an is located in the heart of the city, within the UNESCO World Heritage listed Small Wild Goose Pagoda historical and cultural zone. The development will feature Taikoo Li’s signature low-rise, open-plan architecture and will comprise retail and cultural facilities in addition to a luxury hotel, serviced residences and apartments. With an estimated gross floor area of 269,218 square metres (above and below ground), this will be Swire Properties' seventh development and fourth Taikoo Li project on the Chinese Mainland. It is expected to be completed by end of 2025.