On December 22, Poly Development and Qingtie Real Estate jointly won 2 parcels of land in the Binhai College Station TOD project of Huangdao Pashan Metro Line 6 (opened to traffic in 2024), with a total area of 45,000 square meters, a total construction area of about 90,000 square meters, a total price of 502 million yuan, and a comprehensive floor price of 5,582 yuan/㎡.
This time, Poly took the land, which is the first time in the Qingdao land auction market after a year and a half after the Poly Jinshang project acquired the land in June last year. This time it is a strong combination of the central enterprise Poly and the local state-owned enterprise Qingtie Real Estate, and it is also the strongest combination since the three batches of land auctions this year.
Intended planning scheme for the TOD project of Binhai College Station
The future project is a combination of central enterprises + state-owned enterprises + subway + universities + large supporting facilities, and it is foreseeable that the appeal will be strong.
HD2023-3092 is located in the south of Jialingjiang West Road and the east of planned Endeavor Road, Huangdao District, covering an area of 7,546 square meters, with a plot ratio of 2.0 and a construction area of about 15,100 square meters, with a building density of 20% and a green space rate of 35%, with a starting floor price of 5,590 yuan/㎡, a starting price of 84 million yuan and a bidding deposit of 84 million yuan.
HD2023-3097 is located in the south of Jialingjiang West Road and the east of the planned Endeavor Road, Huangdao District, covering an area of 37,460 square meters, with a plot ratio of 2.0 and a construction area of about 74,900 square meters, with a building density of 20% and a green space rate of 35%, with a starting floor price of 5,580 yuan/㎡, a starting price of 418 million yuan and a bidding deposit of 418 million yuan.
The 2 parcels are located in the central residential area of the north section of Huangdao Center, surrounded by education, shopping, medical care, transportation and other supporting facilities, and a strong living atmosphere.
Real scene of bilingual primary school in West Coast New Area
It is close to Qingdao Binhai University on the east side, adjacent to high-quality educational resources, including the first-tier bilingual primary school in the West Coast New Area, the highly-recognized Endeavor Road Junior High School, commercial facilities, only 1 km away from Metro Shopping Center, 2 km away from Xiangjiang Road Yangtze River Shopping Plaza, west side is the renovated Pashan Farmers' Market, and medical resources, only 0.8 km away from the West Coast Campus of Qingdao Medical Affiliated Hospital.
In particular, the first phase of Line 6 will be put into operation in the first half of 2024, and it will interchange with Metro Line 1 and Line 13 to achieve seamless access to Xihai New Area and the main urban area of Qingdao.
It is reported that the land acquisition project is positioned as a TOD "one district and one demonstration" project in the West Coast New Area, and the follow-up will be based on the TOD development concept on the site, using the advantages of the rail transit network, relying on colleges and universities, to create a modern multi-dimensional TOD living area integrating residence, leisure and education.
It is worth noting that in the future, the project will realize the subway home with the help of the subway entrance and exit planning underground homecoming line, and the underground space of the entire residential community will be connected with the subway station, so as to realize the seamless connection between the community and the Binhai College Station of Metro Line 6, and the owners will return home without wind and rain.
With the support of the existing education, commerce, medical care, transportation and population, with the development and construction of the Binhai College Station TOD project, a rising TOD will bring continuous momentum, and the area will also usher in a new round of iterative upgrading.
During the period when major real estate companies are shrinking their investment strategic territory, the two major enterprises are at the same frequency as Qingdao's urban development strategy, and the existing supporting resources of the plot and the rise of the energy level of the future plate are valued by the two strong enterprises.
As a central enterprise, Poly is the top 1 real estate enterprise in the country in the first 11 months of this year. It is basically locked in the first place of real estate enterprises in the country in 2023, and it also ranks in the TOP5 in Qingdao, with high regional coverage: the land plot in this transaction is only 0.7 kilometers away from the Poly Jinshang project, and there is also the Poly Hesong project in Shibei, which has been ranked TOP1 in the old Sifang transaction since its inception;
As a strong local state-owned enterprise, Qingtie Real Estate has given full play to its advantages in TOD comprehensive development and promoted the implementation of comprehensive land development projects along the subway line in an orderly manner. On December 12, the LC602-45 plot of Dongda Logistics in Licang District was obtained, which will build the first TOD project in Dongli, the quality benchmark of the area, and build a TOD commercial and supporting service block with the subway station as the center, and create a 15-minute full-function living circle. The underground space of the entire residential community is connected to the subway station through the subway entrance and exit with additional pedestrian passages, and the project will be launched in the first half of 2024.
Supporting conditions around the plot:
1. Transportation: It is about 400 meters away from Binhai College Station of the second phase of Line 6 under construction. There are bus lines No. 53, No. 25, No. 26 and other buses nearby, and it is about 500 meters away from the bus station Bilingual Primary School Station.
2. Education and medical care: There are bilingual primary schools (30 classes), Xiangjiang Road No. 3 Primary School (36 classes), Endeavor Road Junior High School (36 classes), and No. 6 Middle School (36 classes) in the development zone, and a 24-class primary school is planned on the southwest side of the project, with a 54-class nine-year consistency, about 900 meters away from the Huangdao Branch of the Affiliated Hospital of Qingdao University, with convenient transportation and complete supporting facilities.
3. Cultural facilities and commerce: close to the completed Pashan Market.
Other Notes:
1. In the development process, the bidder must first ensure the construction requirements of the subway construction, ensure the safety of the subway facilities and operation, and the bidder or its affiliates must have experience in the construction of at least one subway station superstructure project and the construction of the subway at the same time. The Construction Safety Commitment Letter must be signed with Qingdao Metro Group within three working days after the end of the online land auction and before signing the Transaction Confirmation.
2. In view of the fact that the entrance and exit of Binhai College Station of Metro Line 6 are located in the plot and are closely integrated with the above-ground and underground buildings of the plot, the bidder shall complete the construction and completion of the TOD reservation project of Binhai College Station in accordance with the schedule of Metro Line 6 and the construction requirements of the subway project, so as to ensure the safety of the operation of Metro Line 6. If the bidding period is delayed, the Municipal Metro Headquarters has the right to construct part of the project that affects the operation of the subway, and all the costs incurred shall be borne by the bidder;
3. The bidder shall submit the project plot planning plan and construction plan to the Qingdao Metro Engineering Construction Headquarters Office within 5 working days after obtaining the "Transaction Confirmation", and the project plot planning plan and construction plan shall be implemented only after approval and approval.
If there is any doubt about the above issues, the office of Qingdao Metro Engineering Construction Headquarters shall be responsible for explaining to the bidder or the intended bidder.
The third batch of residential land to be transferred list released a notice, 57 parcels of land covering an area of about 1.79 million square meters, with a total construction area of about 3.52 million square meters, 23 cases have been listed (1 case suspended), 19 cases have been sold, and 2 cases have been unsold.
Source: Zhuoyi Data/Wang Gongzi