Chinese property company SuperGen Group has commenced work on the development of a new esports hub in Shanghai that will include a 6,000-capacity arena.
SuperGen is the parent company of Chinese esports organisation Edward Gaming (EDG), with Shanghai International Culture and Creative Esports Center to be located in the city’s Minhang District.
As well as the new arena, the Esports Observer website said the development will serve as EDG’s new base of operations, while also offering the likes of a “five-star esports-themed” hotel, a breakdancing facility, and an indoor skydiving venue.
The first phase of the project will cost more than CNY5bn (£569.6m/€628.3m/$774.5m), with investment set to total CNY10bn once the Center is completed in 2023.
The Center will cover more than 500,000 square metres, with plans for it to host more than 300 international esports competitions per year.
Image: SuperGen Group