Core Viewpoint - The Kunming Public Resources Trading Center announced the public auction of a state-owned construction land use right in Chenggong District, scheduled for August 15, with a starting price of 21 million yuan [1][4]. Group 1: Land Auction Details - The land plot, identified as KCC2024-25, is located in Wujiaying Street Office, Chenggong District, covering an area of 6,997.41 square meters designated for hotel use [4]. - The auction has a tenure of 40 years, with a bidding deposit of 4.2 million yuan and a bidding increment of 210,000 yuan [4]. - Planning conditions specify a maximum floor area ratio of 2.5, a building density not exceeding 60%, and a green space ratio of at least 15% [4]. Group 2: Project Requirements and Strategic Alignment - The project is aimed at establishing a global high-end business hotel, with specific requirements for the winning bidder, including a minimum of 150 hotel rooms and at least 80% of the total building area dedicated to hotel functions [6]. - The project must commence operations within six months after completion and adhere to global high-end hotel standards for brand and management services [6]. - This land auction aligns with the Chenggong District's "14th Five-Year Plan," which focuses on developing a high-end hotel cluster to enhance urban functionality and regional competitiveness [6].