Beijing Yizhuang New Town releases new land plot planning scheme

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On March 13, the Economic and Technological Development Zone Branch of the Beijing Municipal Planning and Natural Resources Commission issued a public notice on the "Comprehensive Implementation Plan for the Planning of Plots 0110 and 0111 in YZ00-0606 Street, Yizhuang New Town" on March 11. The land is located in the core area of Yizhuang New Town, adjacent to the Xiaomi Phase II project to the west. The planned land use is a Class I industrial land with a land area of approximately 52 hectares, a floor area ratio of 1.0, a building height of 60 meters, and a greening rate of 15%. Since the Xiaomi Auto Phase II factory project is located in Plot 0106, YZ00-0606 Street, Yizhuang New Town, and is adjacent to the Xiaomi Auto Phase I factory that has been put into operation, the outside world speculates that this is the land for the third phase of the Xiaomi Auto factory.