At the junction of Binhu New District and the administration zone of the municipal government, the 540,000-square-foot land lot will be built as a composite development with a total residential gross floor area of over 1,380,000 square feet accommodating more than 800 households, complemented by commercial facilities. The first batch of residences with a total gross floor area of about 900,000 square feet was completed in the fourth quarter of 2021. The remaining residential gross floor area of about 480,000 square feet is scheduled for completion in the second quarter of 2022.