China Holdings, Inc. (Pink Sheets: CHHL), an asset
holding company engaged in land and real estate development in
China, announced today that the Company has contracted
award-winning planning and architecture firm Perkins
Eastman, the largest firm in New York and the one of the
15th largest architect firms in the world, to provide
planning and architectural services to the Master Planning of 100
sq km land for “China Vegas - A New World Resort City” in Inner
Mongolia, in the People’s Republic of China.
China Holdings, as the Master Developer and the Master
Planner, controls 800 square kilometers of land in Inner Mongolia
in China. The Company is developing the central 100 square
kilometer land for its “China Vegas – The New World Resort
City” in Inner Mongolia, China.
“China Vegas - The New World Resort City,” with a future
population of 5 million residents when complete, will be built
around a 500 hectare (1,235 acre) urban center that will contain a
large destination resort complex comparable to Las Vegas in the
United States. “China Vegas” is very close to the capital of
China, Beijing (45 min by air, and 4-5 hours by train), and its
population of 20 million. China Holdings is planning to
break ground for “China Vegas - The New World Resort City”
in 2010-2011. The City Center is expected to be in operation in
2014-2018 approximately.
“China Vegas - The New World Resort City” will
incorporate:
- Commercial buildings, office
buildings, residential development, shopping centers, casinos, golf
courses as well as horse racing facilities and recreation and
entertainment facilities
- The entertainment
destinations, including: Five-star hotels, Themed casinos,
Pedestrian skyways linking hotels to casinos, Boutiques,
Restaurants
- Theatrical destinations,
including: Broadway-style musical theater, Las Vegas-style floor
shows, Traditional Chinese theater, International and Chinese movie
premiers
- The sports destinations,
including: Golf courses with a clubhouse and golf academy and
bordered by 250m2 to 500m2 villas, Exhibition hall, Stadiums
suitable for Olympic events, Tennis courts, Equestrian center, Car
and motorcycle racing, Horse race track
China Holdings has contracted award-winning planning
and architecture firm Perkins Eastman, the largest firm in New York
and one of the 15 largest architect firms in the world, to provide
planning and architectural services for its Master Planning of the
100 sq km land for “China Vegas - A New World Resort City,”
including: 1. A City Framework Plan (100
km2); 2. Entertainment Precinct Plan (20
km2); 3. Resort Center Plan (5
km2): A detailed City Center Plan/Land Parcels
Plan for 5 km2 central focus of the Entertainment Precinct
depicting a concept design for a hotel, retail, and
entertainment core. The Master Plan of “China Vegas - The
New World Resort City” will be completed in the next 8 to 10
months.
About Perkins Eastman
Perkins Eastman (www.perkinseastman.com) is the largest
architectural and planning firm based in New York and one of the
15th largest firms in the world. Perkins Eastman provides
award-winning design through its domestic offices in New York, NY;
Boston, MA; Arlington, VA; Charlotte, NC; Chicago, IL; Oakland, CA;
Pittsburgh, PA; and Stanford, CT; and internationally in Dubai,
UAE; Guayaquil, Ecuador; Mubai, India; Shanghai, China; and
Toronto, Canada. The firm is also active in China in 13 provinces
in the projects' planning, such as: the Shanghai World Expo, the
headquarters of the China Academy of Science in Beijing, etc.
Perkins Eastman engages in large planning & design
projects around the world and has won more than 200 awards for its
practices. For example, the most recent awards in 2009 include
several for the TKTS Booth and the Redevelopment of Father Duffy
Square, Times Square, New York, NY, Architect
Magazine, R+D Award; AIA New York State, Best in New York
State; AIA New York State, Design Award: Award of Excellence;
New York Construction, Best of 2009 Award: Project of the Year
Specialty Contracting; etc.
Perkins Eastman's team for China Holdings' “China
Vegas” will be led by Bradford Perkins, FAIA, MRAIC, AICP,
the Chairman and founder of Perkins Eastman. His projects have
won dozens of awards; most recently the new TKTS Booth in Times
Square New York has won more than a dozen awards from design
organizations around the globe for its transformational role in the
middle of one of the best known urban centers. Roland Baer, AIA,
head of Perkins Eastman's urban design studio, has won numerous
awards projects including: Barcelona's waterfront; five major
destination resorts on Hainan Island; new Madinaty urban center
near Cairo, Egypt; and Bhartiya Urban Master Plan near Bangalore,
India. Jonathon Stark, AIA, the COO of Perkins Eastman
International, also leads many of the firm’s large-scale hotels
and resort projects. His award-winning projects include a major
section of Las Vegas and projects across the US, Northern Africa,
and India. His work has won awards recognized by The New York
Times, Architectural Record, and Contract.
Ms. Julianna Lu, the Chairwoman & Founder of China
Holdings, Inc., commented, “We are honored to contract
Perkins Eastman & Its Specialists Team to provide
architect & planning services to our China Holdings' 100 Sq Km
Land Development: 'China Vegas - A New World Resort City' in
Inner Mongolia. We are creating one of the most magnificent new
cities in China and the world, and we are creating a world event, a
world new resort city in China which will grow into billions &
billions revenues city in next 10 to 20 years as spectacular
opportunities & contribution to The City, The People, China
& China Economy, and to The World & The World Economy.”
About China Holdings, Inc.
China Holdings, Inc. (Pink Sheets: CHHL), an asset
holding company, controls a total of 800 square kilometers of land
in Inner Mongolia, China. The Company is engaged in land and real
estate development, energy, and renewable energy businesses in
China. The Company, through its subsidiary, China Power,
Inc., focuses on the mergers and acquisitions, investment,
research and development, construction, and operation of energy,
renewable energy, and environmental protection projects, as well as
developing renewable energy projects, pipelines in 2000 MW Wind
Power Plants/Projects, 250 MW Biomass Renewable Energy
Plants/Projects, and hydropower plants in China and worldwide.
New versions of the corporate websites www.chinaholding.net,
www.chinaholding.us, and www.chinapower.us will be publicly
released soon.
Forward Looking Statement
Statements made in this press release are forward-looking and
are made pursuant to the safe harbor provisions of the Securities
Litigation Reform Act of 1995. Such statements involve risks and
uncertainties that may cause actual results to differ materially
from those set forth in these statements. The economic,
competitive, governmental, technological and other factors
identified in the Company's filings with the Securities and
Exchange Commission, including the Form 10-K for the year ended
December 31, 2008, may cause actual results or events to differ
materially from those described in the forward looking statements
in this press release. China Holdings, Inc. undertakes no
obligation to publicly update or revise any forward-looking
statements, whether because of new information, future events, or
otherwise.
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