Work began recently on the "Tianjin Honeycomb" building, as the Xiangluowan Commercial Area begins to take shape. Xiangluowan is part of the city's Binhai New Area, and 16 of its 33 investment projects are already under way. More than 20 construction projects in Xiangluowan are currently under way. Xiangluowan will be the starting point of Binhai's central commercial area, covering 3.2 sq km opposite to the Haihe Bund Park to the north. It will comprise the provincial representative offices and R&D centers or commercial facilities for State-owned enterprises in the Binhai New Area.

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