27 May 2026, Shanghai – HKRI Taikoo Hui mixed-use development in Shanghai has received the prestigious 2026 Urban Land Institute (ULI) Asia Pacific Award for Excellence. The award was received at the ULI Asia Pacific Summit in Shanghai on 26 May.
Since 1979, the ULI’s Awards for Excellence have set the benchmark for real estate achievements globally and are widely regarded as one of the most prestigious awards in the industry. The award recognises HKRI Taikoo Hui’s excellence across categories such as design, development, operations, integration, sustainability and long-term value creation.
The ULI jury commended HKRI Taikoo Hui for its ability to “seamlessly integrate local culture and urban fabric while delivering exceptional market value and positive spillover effects to neighbouring developments”. This recognition highlights how, as a large-scale mixed-use development, HKRI Taikoo Hui’s placemaking focus has made a significant contribution to the surrounding landscape, balancing commercial performance with social relevance, adaptability and long-term sustainability. These achievements make HKRI Taikoo Hui stand out as a model for urban development worldwide.
Calvin See, Joint General Manager of HKRI Taikoo Hui, remarked: “The ULI Asia Pacific Award for Excellence is strong affirmation of HKRI Taikoo Hui’s long-term investment in sustainability, operational innovation and placemaking. As the Nanjing Road (West) central business district continues to evolve, we will continue to innovate and strengthen synergies with neighbouring landmarks, particularly Zhangyuan, to offer remarkable experiences and create sustainable, long-term value for Shanghai and its communities.”
Connie Ting, Joint General Manager of HKRI Taikoo Hui, added: “Guided by our people-centric philosophy, we have always placed the needs of visitors, tenants, and the broader community at the heart of our space design and operations. We look forward to deepening collaboration with our many stakeholders and partners to create a profound and lasting positive impact on Shanghai’s urban landscape.”
Since its opening in 2017, HKRI Taikoo Hui has curated a distinctive mix of retail offerings, featuring numerous national debut stores, flagship stores, and concept stores. These have brought exceptional experiences to Shanghai and helped to cement HKRI Taikoo Hui as a leading lifestyle destination in the city. The recent opening of “The Louis”, Louis Vuitton’s boat-like landmark, and the long-established Starbucks Reserve Roastery Shanghai, underpins this commitment to providing a unique and differentiated lifestyle destination. In the first quarter of 2026, retail sales at the development rose by over 80% year on year, while footfall more than
doubled compared with the same period in 2025.
Beyond retail, HKRI Taikoo Hui’s two Grade-A office towers have attracted Fortune Global 500 companies and other high-profile enterprises. In 2025, the launch of TERRA, an innovative “third space”, marked a new milestone for the development, positioning it as a pioneer in redefining high-quality, future-ready workplace environments and setting a new standard for integrated office experiences.
HKRI Taikoo Hui has continued to elevate urban placemaking by fostering vibrant, inclusive public spaces. Since 2022, it has enhanced pedestrian connectivity between its North Piazza and Shimen Road (No.1), seamlessly linking the surrounding urban fabric. In addition, year-round art programmes, world-class exhibitions, and innovative cultural experiences – featuring renowned artists such as Jean-Michel Basquiat and Florentijn Hofman, as well as immersive digital experience like The Horizon of Khufu – have brought vitality into the development’s public areas.
Sustainability is another cornerstone of HKRI Taikoo Hui’s achievements, with sustainable practices embedded throughout the project’s entire lifecycle. The development has made significant progress in energy conservation and carbon emission reduction, backed by green credentials including LEED Platinum, WELL Platinum, and a Five-Star GRESB rating attained in 2025.
