Ant Group’s Hangzhou Zhijiang headquarters land has been confirmed to be withdrawn

According to news from this website on March 26, according to the Hangzhou Municipal Planning Department, the "Ant River Headquarters" located in Zhejiang has retreated.

Phase one and two plot location maps and renderings

According to Chao News, the Hangzhou City Planning Department is asking When answering questions raised by citizens on the political platform, he pointed out the situation of Ant Financial’s Phase 1 land parcel. The land is located on the north side of the Zhijiang Bridge and was purchased by Alipay (Hangzhou) Information Technology Co., Ltd. The contract was signed on November 4, 2020. The company has submitted an application to terminate the contract to the Hangzhou Municipal Planning and Natural Resources Bureau on July 1, 2022.

According to our understanding, on October 21, 2020, Ant Technology Group spent 2.7 billion yuan to successfully acquire the Zhijiang River along the first line of the river, with a height limit of 130 meters, and bidding qualifications limited to holding companies with a revenue of 100 billion yuan. The landmark land will be used to build the Ant headquarters. On August 10, 2021, Ant Technology took action again and won the land across the road in the north at a reserve price of 1.315 billion yuan. According to the original plan, the two plots of land will be connected to build the Ant global headquarters, with a total volume of more than 800,000 square meters.

However, in recent years, there have been constant rumors that "Ant's headquarters may be evacuated" because their headquarters has been vacant. Recently, signs of construction have appeared near Pu Road next to the Ant Phase I plot, triggering a heated discussion about whether the Ant plot will start construction.

It is worth mentioning that the Ant Phase II plot has long since been withdrawn, and now the withdrawal of the first phase has also received an official reply.

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