HANG Lung's Plaza 66 and Grand Gateway 66 received Top Ratings in Global Sustainable Building Certifications
Two of Shanghai's landmarks, Plaza 66 and Grand Gateway 66, reached new milestones receiving a Platinum certification by the U.S. Green Building Council's (USGBC) Leadership in Energy and Environmental Design (LEED) under the LEED V4.0 Existing Building: Operations and Maintenance (LEED V4.0 EB: O+M) rating system.
Owned by Hang Lung Properties, Plaza 66 and Grand Gateway 66 have operated for over two decades in prime locations in Shanghai. Receiving these prestigious certifications for LEED V4.0 EB: O+M and WELL V2 Core is evidence of the Company's dedicated and ongoing efforts to enhance the environmental, health and wellness performance of its properties.
Grand Gateway 66, the Company's first large-scale commercial complex in mainland China, opened in 1999, comprises a mall, office towers and serviced apartments. Having completed a three-year large-scale Asset Enhancement Initiative in 2020, the project scored highly under LEED in areas of materials and resources, water efficiency, innovation and indoor environmental quality. Some of the building's impressive green metrics include a 60.8% reduction in water usage, and a more than 85.8% waste diversion rate for daily consumables, which is 35.8% higher than the LEED baseline.
Developed by USGBC, LEED is the most widely used green building rating in the world and an international symbol of excellence. The WELL Certification awarded by IWBI is the premier building standard focusing on enhancing occupants' health and wellbeing through the buildings where they live and work.