Dali Miller Development Co., Ltd., a subsidiary of Dali Construction Co., Ltd., signed a contract with Kaohsiung City Government and Kaohsiung MRT Co., Ltd., and Dali Miler will develop Kaohsiung MRT Northern for 30 years (Gaojie Red Line R24 Nangangshan Station) in front of the station. The total area of the base is about 447957 Sq Ft, the total retail area is about 569331 Sq Ft, the total investment amount is about 2 billion TWD, and the initial revenue is 1.5 billion TWD for 1 year. The shopping mall will be completed in the third quarter of 2021.
The shopping mall will have two sections – one is several large independent stores, and the other is a shopping center. Dali’s experience in operating a regional shopping mall in Seattle, USA will also help with the integration of local culture into the new mall more efficiently. This project will bring 1,100 jobs in the future.
In the future, the government plans to extend the red line from Nangangshan Station to Luzhu. This development will bring more people closer to the shopping mall. Recently, Winbond Electronics invested $330 billion yuan to build a 12-inch wafer fab in the Kaohsiung Science-based Industrial Park. ASE continues to invest in AI factories near its HQ in Nanzih. These major investments will continue to encourage population growth into this area which will benefit Dali Miller.