Adrian Cheng's K11 Foundation to Launch 17 Art-Integrated Shopping Centers Across China by 2020
Adrian Cheng, the Chinese billionaire behind the K11 Art Foundation, announced plans to construct seventeen new shopping centers in China that will double as exhibition and gallery venues. These projects, all operating under the K11 brand, are scheduled for completion in 2020. Cheng's existing ventures through New World Development Company already feature similar 'museum retail art malls' in Shanghai and Hong Kong. These spaces integrate artworks by international artists like Olafur Eliasson and Yoshimoto Nara alongside creations by local designers and creatives, displayed throughout store aisles. The initiative represents a significant expansion of Cheng's model blending commercial retail with cultural programming. The announcement was reported by The Art Newspaper on September 2, 2015.
Key facts
- Adrian Cheng is a Chinese billionaire and founder of the K11 Art Foundation
- Seventeen new shopping centers with integrated exhibition/gallery spaces are planned for China
- All new projects will carry the K11 brand
- The centers are scheduled to open in 2020
- Cheng's New World Development Company already operates similar 'museum retail art malls' in Shanghai and Hong Kong
- Existing malls feature works by international artists Olafur Eliasson and Yoshimoto Nara
- Local creatives and designers are also showcased in these spaces
- The announcement was reported by The Art Newspaper on September 2, 2015
Entities
Artists
- Adrian Cheng
- Olafur Eliasson
- Yoshimoto Nara
Institutions
- K11 Art Foundation
- New World Development Company
- The Art Newspaper
Locations
- China
- Shanghai
- Hong Kong