Ingka Centres opens its first mixed-use retail and live-work destination in China
Ingka Centres, which is part of the group that owns IKEA, has opened ‘Livat Changsha’, a major new IKEA anchored mixed-use community development in Changsha, the capital city of Hunan Province in south central China.
Livat Changsha includes over 380 shops, a mix of restaurants, cafes, entertainment, sport and event areas, as well as more than 500 flexible live-work units. Designed in collaboration with IKEA, the live-work units aim to reflect the lifestyles of Changsha’s entrepreneurs and working population and provide residents with social communal areas, a gym, reception room and co-working spaces.
Ingka Centres has invested over €565 million in the scheme which expects to welcome 20 million visitors every year.
Cindy Andersen, Ingka Centres managing director, said: “Livat Changsha is an exciting new chapter for Ingka Centres, as we are adding a new lifestyle concept to one of our meeting places for the first time. We are looking forward to welcoming the many people of Changsha to Light by Livat, a vibrant new concept we have created together with our colleagues at IKEA.”
Ingka Centres first entered China in 2009 and currently has four other Livat branded schemes in Wuxi, Beijing, Wuhan and Fuzhou.