​Beijing to add riverfront commercial hub

Beijing is set to add a major commercial landmark in its Chaoyang district, as real estate developer Swire Properties announced the structural topping-out of all buildings at Taikoo Place Beijing on Thursday, marking a key milestone for the large-scale riverfront development.

All buildings at Taikoo Place Beijing have officially topped out. [Photo provided by Swire Properties]

The new project will feature seven new Grade-A office towers, a retail complex, a hotel, expansive green open spaces, as well as a range of supporting amenities.

Together with the company's existing INDIGO Beijing development, Taikoo Place Beijing covers a total floor area of over 860,000 square meters, with 330,000 square meters of office space.

Tim Blackburn, chief executive of Swire Properties, speaks at the topping-out ceremony of Taikoo Place Beijing, Oct. 16, 2025. [Photo provided by Swire Properties]

At the topping-out ceremony on Thursday, Tim Blackburn, chief executive of Swire Properties, said Taikoo Place Beijing represents the company's largest investment on the Chinese mainland. "It demonstrates our unwavering confidence in and our commitment to the development of Beijing as the capital city," he said. 

Scheduled to open in phases from late 2026, the project is set to transform Beijing's commercial landscape, boost the local economy, and support the city's urban development goals, the company said in its press release.

The development will also feature the first Taikoo Place-branded retail mall on the Chinese mainland, which will be seamlessly integrated with the existing INDIGO mall to form a combined retail complex of about 150,000 square meters, Swire Properties said.

Established in Hong Kong in 1972, Swire Properties has investments in Hong Kong Special Administrative Region, the Chinese mainland, Singapore and the United States. 

It currently has six completed mixed-use developments on the Chinese mainland, including Taikoo Li Sanlitun and INDIGO in Beijing.