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Guangyuan Property Management to Take Over Foshan Guicheng Wanda Plaza, Expected to Debut with New Look in October
On March 17, it was announced that Country Garden Commercial Management will take over Foshan Guicheng Wanda Plaza in April. The project will be renamed “Guicheng Phoenix Gathering” and is planned to invest tens of millions of yuan to launch a comprehensive upgrade, with a new look expected to debut in October.
According to reports, Country Garden Commercial Management is a wholly owned subsidiary of Country Garden Holdings Group, focusing on operating and managing operational assets. By 2025, it aims to surpass 100 million visitors annually. The renovation project is positioned as a “new generation family gathering attraction,” with a building area of 116,000 square meters.
The related reports state that the renovation will focus on optimizing business formats around family and pet-friendly scenarios, upgrading hardware facilities, and mainly creating an open outdoor children’s playground and night market economic zone. It will also replan the layout of each floor’s tenants and improve supporting facilities such as mother-and-baby rooms and convenient services. Currently, tenant lease negotiations and preliminary construction preparations are underway.