Majority owned by an ADIA subsidiary and a leading global developer, the prime Grade-A tower forms the centrepiece of a new commercial zone – the Suzhou Creek Riverfront Hub – in downtown Shanghai.
Built to conform to the highest international premium standards, One Museum Place also includes an adjacent retail podium spread across six floors and provides direct access to a new subway station.
In total, One Museum Place provides almost 140,000 square metres of leasable area, helping to meet the demand for quality office space in central Shanghai, one of the world’s fastest growing cities.
The project embodies many of the core attributes that ADIA brings to its investments, including patience, and an ability to provide solutions in complex situations.
The site was acquired in 2013, following a competitive government-run bidding process. Our success was partly based on the ability to provide a fully funded proposal and a compelling vision for the site that aligned with Jing An District and city level objectives.
The building is one of the first in Shanghai to be certified LEED Platinum, the highest standard of environmental efficiency, and includes advanced air filtration systems that aim to provide the best possible working environment.
Among tenants to sign leases were Shanghai financial services group Guotai Jun’an Securities and its subsidiary Guotai Jun’an Futures, global pharmaceutical firm Pfizer, and a subsidiary of fast growing Chinese tech firm Tencent. Other tenants include venture capital firms, consulting companies, architecture firms and e-commerce retailers.
One Museum Place celebrated its Grand Opening on 19 September, 2019.
