Xiaomi's Land in Shanghai Undergoes Changes
TapTechNews May 23rd news, recently, the change of a commercial office land in Xuhui Binjiang, Shanghai, which was obtained by Xiaomi three years ago, has attracted attention.
@XiaomiSpokesperson has responded to this matter yesterday, stating that Xiaomi's operation and development in Shanghai are going on smoothly as usual, and the relevant matters of the xh128D-07 plot in Xietu Street, Xuhui District are implemented according to the development needs and procedures.
According to The Paper, the official of Xuhui District, Shanghai, said: On May 20th, the Xuhui District Planning and Natural Resources Bureau has publicized the public participation draft of the Local Adjustment of the Regulatory Detailed Plan of xh128D Neighborhood in Unit WS3 of the South Extension Section of the Huangpu River in Xuhui District, Shanghai. According to the publicized content, the xh128D neighborhood is located in the southern part of Xietu Street, Xuhui District, within Unit WS3 of the South Extension Section of the Huangpu River. It is east to Zhaofeng Road, west to Damuqiao Road, north to Zhongshan South 2nd Road, and south to Longhua Middle Road, with a total land area of 8.36 hectares. The adjustment content includes the land use nature. The original xh128D-07 plot in the regulatory plan is adjusted from a commercial-office mixed land to a type III residential cluster land, and the land area remains unchanged, still 16,666 square meters. The xh128D-07 plot is the plot obtained by Xiaomi three years ago.
In October 2021, Mi Space (Shanghai) Information Technology Co., Ltd., a subsidiary of Xiaomi, once won the above plot with 1.55 billion. Xiaomi said at that time that this plot was the Shanghai headquarters land planned as early as 2018, and the functions of Xiaomi's Shanghai headquarters are numerous, including mobile phone R & D, finance, Internet and other businesses. The construction plan of this land is to combine multiple business teams together.
Yesterday, some media found that Xiaomi's land has been included in the 2024 land reserve plan. Some netizens worried that Xiaomi might lose the deposit of 310 million yuan or even the entire land price of 1.55 billion yuan. In response, Wang Hua, general manager of the PR department of Xiaomi Group, replied: The municipal planning land has changed, and the government has the need to acquire and store it. For details, see the previous report of TapTechNews.