Lakeville, the premier residential developments in the Taipingqiao Redevelopment Project, overlooks the Taipingqiao Lake and Park and feature extensive green spaces and comprehensive recreational amenities. The projects will have a gross floor area of 614,000 square metres. It is within walking distance of the Huai Hai Zhong Road business district, Xintiandi and the Huangpinan Road metro station. Phase one comprises three 8-to-12-storey apartment buildings, one 19-storey and one 23-storey high-rises, a condo villa and a duplex villa, with a total of 283 units, each with two to six rooms and measuring 105 square metres to 500 square metres. All residential units in phase one were sold in the second half of 2002 while phase two is now under development.