One of Vietnam's most impressive pedestrian streets officially breaks ground

On April 5, 2021, Landora Group solemnly held the “Groundbreaking Ceremony for the Walking Street at the Heart of The Empire Coastal Mega Urban Area”. The project is expected to become one of the busiest walking streets in Vietnam.

Landora Group solemnly holds groundbreaking ceremony for the Walking Street at the heart of The Empire coastal mega urban area

Landora Group is a multi-sector investment and business group in Vietnam. Drawing on more than 20 years of experience from a leadership team with in-depth expertise in real estate, Landora Group has grown successfully across many fields, including investment, strategic consulting, real estate trading, vacation ownership and media… Carrying the mission of “always creating new value”, Landora Group has officially broken ground on a highly anticipated pedestrian street in Vietnam, stretching more than 1.1 km through the heart of The Empire coastal mega urban complex – Truong Sa Street, Hoa Hai Ward, Ngu Hanh Son District, Da Nang City. This golden milestone marks a remarkable new phase of growth for Da Nang's “billion-dollar night-time economy”.

Mr. Nguyen Manh Ha – Chairman of Landora Group, speaking at the ceremony

The groundbreaking ceremony was honored to welcome senior leaders of Da Nang City, representatives of departments and agencies, the Chairman of Empire Group, the Chairman of Landora Group, representatives of general contractor Delta-V and of the banks partnering with the project, as well as valued customers and all staff working at The Empire coastal mega urban area. The event featured two main activities: first, representatives of developer Empire Group, general contractor Delta-V and the project's comprehensive development investor Landora Group delivered speeches launching construction of the Walking Street. The delegates then performed the groundbreaking ritual, accompanied by an impressive twin lion dance wishing the project luck and success.

Scene from the groundbreaking ceremony for the Walking Street at The Empire coastal mega urban area

Da Nang holds rare potential thanks to its strategic central location, a vital artery for the nation and for Southeast Asia. Da Nang is also known as the most livable city in Vietnam. On March 15, 2021, the Prime Minister officially approved the scheme to develop Da Nang into a leading financial center in Southeast Asia. Da Nang is aiming to become a special-class urban area, with the long-term vision of an international city and the goal of becoming one of the major socio-economic centers not only of the country but of the entire Southeast Asian region. Da Nang now has more opportunity and momentum for rapid development than ever before.

In step with the city's overall development, The Empire, a luxurious, high-class coastal mega urban area, is expected to be a new “lever” to accelerate Da Nang's economic growth. The Empire is a pioneering coastal mega urban complex set to become the financial, commercial, tourism and entertainment hub of Central Vietnam, and a symbol of the connection between Da Nang and Hoi An via the Vo Nguyen Giap – Truong Sa coastal road. It enjoys a unique “four-sided diamond” location: beside the poetic Co Co River, next to the stunning Non Nuoc Beach and between two international-standard golf courses.

Rendering of The Empire coastal mega urban complex with its unique four-sided diamond location

The Empire mega urban complex includes many high-potential products that are highly attractive to investors, such as a 40-story financial tower, a 1.1 km walking street, a commercial – entertainment – events center, a shophouse area in the heart of the walking street, the ACE Villas semi-detached villa area, the Naman Riverside villa area, the Golf View Luxury Apartment Da Nang high-end apartment complex and other luxury apartment buildings within the project, meeting the diverse needs of millions of domestic and international tourists as well as all residents and apartment owners in the project. In particular, all products have fulfilled their financial obligations to the State, have a clear and transparent legal framework, and come with long-term ownership certificates (red books).

Rendering of the dazzling walking street at the heart of The Empire coastal mega urban area

Located at the heart of The Empire high-end coastal mega urban area, the impressive walking street, stretching more than 1.1 km, is expected to become an attractive destination rich in world tourism and cultural identity in Da Nang City. The walking street features a dedicated modern, bustling, large-scale shopping center with a limited collection of 100 shophouses at its center, offering convenience and serving all the needs of residents and visitors. The walking street of The Empire mega urban area is the missing piece, the “lever” driving the development of the “night-time economy that never sleeps” of The Empire coastal mega urban area in particular and Da Nang City as a whole. In the near future, the street is expected to bring together a host of premium labels from the world's leading brands, along with companies and offices operating 24/7 along the walking street with a wide range of business types, from shopping, dining, entertainment and leisure to relaxation…

The groundbreaking ceremony for the Walking Street on April 5, 2021, organized by Landora Group, marks the rise of a future-trend real estate segment. The landmark walking street at the heart of The Empire high-end coastal mega urban area, designed and built by developer Empire Group in partnership with project developer Landora Group, will fulfill the dream of a luxurious, upscale commercial street for residents, tourists and real estate investors.