1.2426 billion yuan, Future Science City Real Estate wins the bid for the core plot in the eastern area of Changping Future Science City.

On November 19th, the land parcels CP01 - 1703 - 0002, 0003, and 0001 of the primary land development project in the southern area of the Future Science and Technology City project in Changping District were successfully auctioned. Future Science City Real Estate Development Co., Ltd. won the bid at a base price of 1.2426 billion yuan, with a floor price of approximately 23,200 yuan per square meter. This is the first high - quality land supply after the release of the "New Policy for High - quality Housing" in the Future Science City, and it is also one of the few independent land acquisitions by Future Science City Real Estate Development Co., Ltd.

Location of the land parcel. Image source: Tianlang

The transfer documents show that the land parcels of the southern area of the Future Science and Technology City project in Changping District are adjacent to the Future Science City Station of Line 17 of the subway, about 400 meters away. In October this year, the north, central, and south sections of Line 17 started trial operation according to the plan after full - line connection. It is expected to be officially opened throughout the line by the end of this year. In the future, it can transfer with many backbone lines such as Line 10, Line 13, and Line 6, and form an efficient connection with core functional areas such as Wangjing, Workers' Stadium, Yong'anli, and Financial Street.

The land parcel includes 2 residential land parcels and 1 cultural facility land parcel. The construction land area is 43,000 square meters, the planned construction area is 82,200 square meters, and the plot ratio is 1.91. Among them, the area of commercial residential housing is 62,100 square meters, and 20,100 square meters of cultural facilities will be built free of charge.

As one of the "Three Cities and One District" key projects in Beijing, the Future Science City has a planned area of about 170.6 square kilometers and undertakes the core functions of national energy strategic scientific and technological innovation and frontier technology exploration. Since its construction started in 2009, the region has adhered to the principle of promoting scientific research, industry, and the city simultaneously, continuously improved the industrial system, urban framework, and living facilities, and gradually formed an all - chain urban form covering R & D, production, living, and ecology.

Eastern Area of the Future Science City

Currently, the Future Science City has grown from an initial energy technology experimental area into a demonstration - effect area for the integration of industry and city in the northern part of Beijing, and has formed an innovation pattern of "Two Valleys and One Park" mainly composed of the Energy Valley, the Science and Innovation Valley, and the Future Smart Park. More than 300 various research institutes, technology - based enterprises, and industrialization companies under central enterprises such as the State Grid, China National Electric Power Investment Group, China National Energy Investment Group, China Huaneng Group, China Electronics Corporation, and Commercial Aircraft Corporation of China have settled in the "Energy Valley", constructing a trillion - level industrial cluster.

With the gradual implementation of industrial space construction, the development logic of the Future Science City is shifting from "industrial framework construction" to "integration of production, living, and ecology". The newly - auctioned land parcel is a residential living support project in the core area of the eastern part of the Energy Valley.

Regarding the new project, Future Science City Real Estate Development Co., Ltd. stated that it will strictly promote the development and construction of the new land parcel in accordance with the planning requirements, continuously improve the regional living facilities, and promote the in - depth matching of industrial development and residents' needs. In the future, it will continue to adhere to the concept of taking industry as the core, the city as the carrier, and life as the application, and accelerate the creation of a city sample that is "suitable for business, research, and living", making the Future Science City a new urban area with both scientific and technological innovation capabilities and high - quality living experiences.