Ikea’s malls arm creates housing with new mixed-use retail space

Ingka Centres, part of the group that owns Ikea, kicks off the sales process for its first-ever mixed-use retail and residential development.
The Livat shopping centre in Changsha, China.
// Ingka Centres, opens its new major 130,00 sq metre Ikea anchored mixed-use community development in Changsha
// Flat buyers are expected to start moving into the space March 2022

Ingka Centres, which is part of the group that owns Ikea, has kicked off the sales process for some 500 flats at its first-ever mixed-use retail and residential development, in Changsha,  the capital city of Hunan Province in south central China.

Livat Changsha includes over 380 shops, a mix of restaurants, cafes, entertainment, sport and event areas, as well as over than 500 flexible live-work units. 

Designed in collaboration with Ikea, the live-work units aim to reflect the lifestyles of Changsha’s entrepreneurs and working population and provide residents with social communal areas, a gym, reception room and co-working spaces.

Ingka Centres has invested over £478m in the scheme and expects to welcome 20 million visitors every year.  

Ingka Centres managing director Cindy Andersen said: “Livat Changsha is an exciting new chapter for Ingka Centres, as we are adding a new lifestyle concept to one of our meeting places for the first time.

“We are looking forward to welcoming the many people of Changsha to Light by Livat, a vibrant new concept we have created together with our colleagues at Ikea.” 

Andersen said in an interview that she expected flat buyers to start moving in in March 2022, after the adjacent mall opened last month following delays due to the pandemic.

Ingka Centres first entered China in 2009 and currently has four other Livat branded schemes in Wuxi, Beijing, Wuhan and Fuzhou.  

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