[Image courtesy of www.nike.com]
CBI member Nike recently announced plans for the development of a new centralised campus for the company's employees in Shanghai. Nike's investment in developing the nearly 600,000 square foot headquarters will support its long-term business growth strategy in China, where it celebrated 30 years of business in 2011.
Nike's new campus will be located at The Springs, Tishman Speyer's newest mixed-use development in Shanghai's Yangpu District. The headquarters will feature up to three office buildings and a five-storey multi-purpose conference centre as well as a soccer pitch, regulation-size indoor basketball court, state-of-the-art work-out facility, full-service food and beverage facility, and standalone conference centre to host large-scale events and product unveilings.
Nike expects to occupy the new space beginning in the first quarter of 2014.
Craig Cheek, VP & GM of Nike's Greater China geography, said, "This announcement is very exciting and a strategic investment in our continued growth in China. This new campus headquarters will allow us to elevate and expand on our facilities and capabilities while bringing all of our Shanghai-based employees together from our portfolio of NIKE, Inc. Brands into one central campus."
Tishman Speyer co-CEOs Jerry Speyer and Rob Speyer said, "When we broke ground on The Springs in June, we were confident that world-class companies would recognise the value and importance of establishing a presence in Shanghai. The creation of the Nike Greater China headquarters at The Springs underscores the strength of this market and importance of this development to the Shanghai business as well as residential communities. We're thrilled that Nike, one of the world's great global brands and companies, will be an anchor in this development and look forward to a long-term relationship."
Click here to read the full press release by Nike.
Recent Comments