Phoenix Island

Phoenix Island, dubbed the Oriental Dubai, is an artificial archipelago consisting of two landmasses forming an island resort in Sanya, Hainan Province, China.

Description

These islands are located in the southeast part of Sanya Bay. The eastern island, nearest the shore is complete. The western island is currently under construction. The eastern is long by wide and covers a total area of. It is connected the shore by a 395-metre bridge to the short. The western island is similar in size and shape, and is connected to the eastern island by a short, narrow strip of land. The original concept design and master plan for the island was developed by Leisure Quest International, LLC (USA).

Development

The project\'s program was developed by Leisure Quest International as was the development\'s Conceptual Design and Master Plan. The development was sold in 2006 to a Shanghai Developer. The design development of the project was undertaken by Beijing architectural firm MAD Studio, who won the contract in 2007, total investment in the project exceeds 3 billion RMB . It is due for completion in 2014.

Prices of luxury residential units on Phoenix Island range from 50,000 RMB to 100,000 RMB per square metre,, comparable to high-end properties in Beijing and Shanghai. There has been recent reporting that property values are decreasing as businessmen and officials seek to sell off properties.

Components

The eastern island is divided into eight main sections, and includes:

• 200-meter-high signature seven-star hotel
• Five-star hotel
• Five 28-storey buildings
• Six luxury apartment buildings
• Conference centre
• Ferry terminal
• Harbour for cruise ships
• Marina with 150 - 300 yachts berths
• Yacht clubhouse
• Restaurants
• Shopping complex
• Shopping street
• Sports and recreational area
• Theme park