Shanghai Disney Resort
June 16, 2016
Pudong New District, Shanghai
330 million people within a threehour drive or train ride of Shanghai
Shanghai Disneyland (including back of house areas), approximately 910,963 square meters, or 1,160,000 square meters if the parking lot is included
One deluxe hotel and one value hotel with a total of 1,220 rooms
46,000 square meters (gross floor area), 27,900 square meters (gross leasable area)
Lake, other outdoor recreation zones, parking and transportation hubs resort but the city as well,” said Lu.
Siu Wing Chu, head of retail at Savills China, said that key retail hubs in Shanghai, including Yuyuan Garden, the Bund, Huaihai Road and Nanjing Road have all made adjustments to their branding in order to capitalize on the impending Disney craze.
“We have seen several franchised Disney product stores scattered around Shanghai and we believe that visitors to the Shanghai Disney Resort will also visit sightseeing locations such as the Bund, Nanjing Road and Yuyuan Garden area. We expect obvious growth in rental in these key locations,” said Chu.
Analysts also add that the urban infrastructure in the Shanghai Disney Resort and its neighboring areas will further facilitate traffic, dining, accommodation and shopping, making consumption touch-points more easily accessible. Numerous department stores and shopping outlets are also under development around the resort as retailers aim to tap into the massive number of visitors.
One of these shopping options will be provided by retail outlet developer Value Retail and Shanghai Shendi Group, the operator of the Shanghai International Tourism and Resort Zone (SITRZ). The group had in 2014 announced a joint venture to build a luxury shopping compound next to the Shanghai Disney Resort. This mall, called Shanghai Village, would measure 50,000 square meters in size and host more than 100 brands.
The SITRZ is an international tourism area in Pudong New Area that spans 20.6 square kilometers. It includes 13 square kilometers of space comprising hotels, restaurants, parks as well as entertainment and sporting facilities. It is linked to the city center by two subway lines.
Hotel operators, including budget chains such as GreenTree Inn and Jinjiang Inns, have also been quick to develop new properties around the Disney resort. According to Pudong district authorities, as many as 1,000 B&B rooms may be available in the holiday villages located near the Disney resort.
More than 10 million people are expected to visit the highly anticipated Shanghai Disneyland in 2016, which will feature a theme park, two hotels and a range of lifestyle and retail options.