The first sod has been turned on a US$1.67 billion residential project on 400ha of riverfront land in Da Nang City.
The development, named Golden Hills and located on the Cu De River in Lien Chieu District, will comprise apartments, villas, golf course and a marina.
Trung Nam Group chairman Nguyen Tam Thinh said work had also started on extending Nguyen Tat Thanh Street to link the project and other residential areas to the city’s central business district.
The street was under a separate $14.5 million build-and-transfer contract, Thinh said.
Spokesman for American architectural and engineering firm Skidmore, Owings and Merrill, Ame Engelhart, said plans for the residential development included lower and higher density neighbourhoods that fitted in with natural amenities.
He said the riverfront would have lanes and waterways accessible to all with a waterfront eco-park along 2.7km of the riverfront.
Residential areas connecting to the city would be more dense, with landscaped avenues, tight city-like streets, urban gardens and linear greenways.
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