The Baiyun Car Smart Park is set to become a new landmark in Baiyun district, Guangzhou. The main structure of the park will be topped off by the end of this November, and it is expected to be fully operational by the end of next year.

The construction site of Baiyun Car Smart Park. [Photo/WeChat account: gz_baiyunfabu]

The park is ahead of schedule in its commercial planning and has attracted over 3,000 square meters of commercial area. The park, located on the east side of Baiyun Avenue and north of Guangdong Experimental High School Yongping Campus, is the result of joint efforts by Guangzhou Shunsheng Investment and Dongping Economic Association.

It covers an area of 11,000 sq m, has a total investment of 420 million yuan ($57.95 million), and includes a 21-story office tower, a three-story commercial podium building, and a three-story commercial detached building. The main office tower, which will be topped off this month, will feature a new energy vehicle exhibition hall and shared office spaces to nurture a group of growth-oriented small and micro enterprises.

A rendering of Baiyun Car Smart Park. [Photo/WeChat account: gz_baiyunfabu]

The park has already attracted 77 upstream and downstream enterprises, with an annual output value of 3.5 billion yuan and tax revenue of 100 million yuan, making it the project with the highest output value in the history of Guangzhou's reserved land projects.