November 15, 2013
KONE Corporation, press release, 15 November 2013
KONE, a global leader in the lift and escalator industry, has won an order for a 10-tower mixed-use development rising in the commercial centre of Wuhan City, the capital of Hubei province in China. Located on the banks of the Yangtze River, Wuhan Hualou Street I and 2 will comprise of nine luxury residential buildings placed on top of commercial podiums, as well as an office building.
The residential towers will rise to 174 metres, with the lowest floors dedicated to shops, restaurants and other commercial uses, and floors 3-57 serving as homes. Forty-seven KONE MiniSpace(TM) lifts, seven KONE 3000S MonoSpace® lifts and 10 KONE TransitMasterTM 120 outdoor escalators will enable smooth people flow for residents and shoppers in the buildings.
Eleven KONE DoubleDeck lifts travelling at a maximum speed of 7 metres/second will serve the 187 metre-high office building, which will have 42 storeys above ground level. The office tower will also house two KONE MiniSpace(TM) lifts and six KONE TravelMasterTM 110 indoor escalators. The entire mixed-use development will contain 599,300 square metres of floor space on a 115,000-square-metre plot of land, making it the biggest luxury waterfront landmark in the city. KONE E-link will enable the remote monitoring of all equipment on the site.
"We are delighted to deliver our eco-efficient people-flow solutions to this major development. KONE's growth in China has expanded from what we call tier-one cities, such as Shanghai, to tier-two cities such as Wuhan, and this order further strengthens our presence", said William B. Johnson, Executive Vice President for KONE Greater China.
The commercial section of the development is expected to be completed in December 2013, with the other buildings due for completion in 2015. The architects are Central South Architectural Design Institute Co. Ltd., Aedas, and Wuhan Construction Engineering Research & Design Co. Ltd. The main contractor is Hutchison Whampoa properties Co. Ltd.
The order was booked in the third quarter of 2013.
For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775, email@example.com
Previous press releases on KONE's orders are available at www.kone.com/press including:
- 6 Sep 2013 KONE to supply lifts and escalators to Luneng Lingxiucheng commercial complex in Shandong province, China
- 3 Sep 2013 KONE wins an order for lifts and escalators at the Dazhongli development in the heart of Shanghai's commercial district in China
- 3 July 2013 KONE to supply lifts and escalators for China's tallest twin towers
KONE is one of the global leaders in the lift and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading lifts, escalators and automatic building doors as well as innovative solutions for modernisation and maintenance. The company's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanising environment. In 2012, KONE had annual net sales of EUR 6.3 billion and around 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.