The groundbreaking ceremony for the third phase of Shanghai Florentia Village took place last week. Set to open in 2026, the project will span 59,000 square meters and feature innovative duplex store designs. The town, now an AAA-rated tourist destination, has seen growing foot traffic, surpassing 5.1 million visitors in 2024. The new phase will also include a modern parking facility with 1,800 additional spaces, bringing the total to 3,400 and enhancing the shopping experience. Upon completion, the total area will exceed 100,000 square meters with an expanded brand lineup.