Situated on the coastal square in the downtown area of Yantai City, the Yantai Shimao No.1 the Harbour enjoys an excellent location, standing against the hills and facing the sea. Adjacent to Yantai No.1 Swimming Beach and the 100-year-old cultural relic, Changyu Wine Museum, the project features rich cultural heritage and unique scenery. The favourable location in the central urban area of Yantai promises brilliant development prospect of the project.
The project is planned for the construction of several high rise buildings, one of which will become a super five star deluxe hotel with seaviews and a scenic roof garden. With an aggregate area of 34,700 square metres and a planned gross floor area of about 240,000 square metres, it will become a landmark architectural compound in Yantai.
Shimao Property Holdings Limited successfully acquired the land plot of the project on 25 August 2006.