Art Center Phú Mỹ Hưng is an international-standard, multi-purpose arts and culture complex developed by developer Phu My Hung Development Corporation with an investment of 30 million USD, comprising 7 above-ground storeys with a total floor area of over 24,000 m² on a 1.2 ha site. It is not merely an ordinary entertainment facility, but the first dedicated cultural institution in the entire South Saigon area, built to international standards, marking the transition to the Phu My Hung 2.0 development phase. In particular, the Art Center is expected to become a new cultural icon for the urban area and the whole of District 7, HCMC.
In terms of construction progress, Art Center Phú Mỹ Hưng completed site fencing and geotechnical survey drilling in 2025, while the official architectural scheme was also approved through a competitive design tender. Furthermore, the entire project is being implemented alongside a series of major infrastructure works under the Phu My Hung 2.0 strategy, including Tam Anh General Hospital with an investment of over 300 million USD and the Ban Nguyet Lake landscape renovation package worth over 11 million USD. The developer is committed to putting the facility into operation in 2027, within the overall design and construction programme from 2025 to 2028.
Besides progress updates, Art Center Phú Mỹ Hưng also impresses with 6 main groups of functional facilities: a premium theatre with a capacity of over 1,000 seats, an international museum and exhibition centre, a central plaza, diverse dining areas (including the first Michelin restaurant in South Saigon), creative workshop spaces and a collection display area. Moreover, the building was designed by B.L.U.E Architects, a reputable architectural practice established in 2014 in Beijing with a philosophy blending Eastern tradition and contemporary aesthetics. Below is the full detailed information about Art Center Phú Mỹ Hưng, from its location and scale to the latest construction progress.
What Is Art Center Phú Mỹ Hưng? Overview of the International Arts and Culture Centre in District 7
Art Center Phú Mỹ Hưng is an international-scale, multi-functional arts and culture complex, invested with 30 million USD by Phu My Hung Development Corporation, located at Lot C10 in the International Financial and Commercial District, District 7, HCMC.
More specifically, the Art Center is not a shopping centre or an ordinary entertainment complex, but the first dedicated cultural institution in South Saigon created to international standards, serving artistic, academic and multinational cultural exchange activities. The project is one of the key items in the Phu My Hung 2.0 development strategy, the urban upgrading phase with total infrastructure investment in the first sub-phase of up to over 500 million USD.
In leading Asian cities such as Singapore, Seoul and Tokyo, art centres have long played a dual role as both symbols of cultural identity and levers for increasing economic value across the surrounding area. Phú Mỹ Hưng has similar expectations in placing the Art Center at the core of the CBD, where all the elements converge to turn South Saigon into an international-standard place to live, work and enjoy.
Where Is Art Center Phú Mỹ Hưng? Location and Site Scale
Art Center Phú Mỹ Hưng is located on lot C10, in the International Commercial and Financial District (CBD) of Phú Mỹ Hưng urban area, District 7, Ho Chi Minh City, directly adjoining 4 major commercial thoroughfares.
In terms of overall scale, the development’s grounds extend across an area of 1.2 ha with a total construction floor area of more than 24,000 m², laid out over 7 above-ground floors. A particularly notable feature of the Art Center’s location is the advantage of having 4 frontages adjoining key thoroughfares of the CBD, including:
- Nguyễn Lương Bằng Road: the main and busiest financial and commercial axis of Phú Mỹ Hưng, where Grade A office buildings and major commercial towers are concentrated
- Morison Road: an important internal connecting route, adjoining the Unilever building
- Nguyễn Khắc Viện Road: an axis connecting to the surrounding education and residential amenity chain
- Bertrand Russell Road: the rear road, completing the four-sided enclosure of the grounds
These 4 frontages provide accessibility and brand visibility superior to any other development in the area. From the Art Center’s location, residents need only 2 to 3 minutes on foot to reach the Hồ Bán Nguyệt and Ánh Sao Bridge complex, the Unilever building, the SECC international exhibition centre, Crescent Mall and the Grade A office towers along the Nguyễn Lương Bằng axis. In addition, the development faces the Tâm Anh General Hospital currently under construction, forming an amenity cluster that brings together hard infrastructure (healthcare, finance) and soft infrastructure (culture, arts), in line with the multi-functional urban development direction of Phú Mỹ Hưng 2.0.
Which Functional Components Does Art Center Phú Mỹ Hưng Include?
Art Center Phú Mỹ Hưng comprises 6 main groups of functional components, including a theatre, a museum and exhibition space, a memorial house and display area, a plaza, dining, and creative workshop spaces, arranged in a coordinated way to form a closed cultural and artistic ecosystem.
Below are details of each standout component within the grounds of Art Center Phú Mỹ Hưng:
Premium theatre: This is the focal and most striking component of the entire complex, with a capacity of more than 1,000 seats. The space is designed to accommodate large-scale international artistic performances, including symphonic concerts, stage productions, music festivals and a diverse range of cultural programmes. The auditorium, with an sound and lighting system meeting international standards, will for the first time give residents of South Saigon the experience of enjoying world-class art right where they live.
Museum and international exhibition centre: This component serves the display of fine art works, commercial exhibitions, multinational cultural exchange and events of regional stature. The presence of an exhibition space of international standard in District 7 will attract artists, collectors and international businesses to hold activities here, raising the cultural standing of the entire urban area.
Memorial house and collection display area: This is a space that preserves and honours historical and cultural values, documenting the development journey of the Phú Mỹ Hưng residential community over more than 30 years of formation. This space serves to connect generations and preserve identity, helping to give cultural depth to an urban area often viewed through the lens of commerce and finance.
Central plaza: A large open public space that acts as the connecting point between all components within the grounds. It is also where outdoor community events, seasonal festivals and regular cultural exchange activities are held. The central plaza is designed on the “city within a park” model, where tradition and modernity intersect to create a distinctive cultural atmosphere.
Michelin restaurant and diverse dining area: A special culinary highlight of the Art Center is the presence of the first Michelin restaurant in the South Saigon area. Around it, the diverse dining area adds a wide range of options from Vietnamese to international cuisine, serving everyday residents as well as visitors and international businesspeople.
Creative workshop space: This component serves art training courses, thematic seminars, creative product launches and forums connecting the community of artists and businesspeople. The workshop space is flexible in scale and configuration, suitable for both small community events and medium-sized conferences.
The combined effect of all 6 component groups above creates a “closed cultural ecosystem” never before seen in the District 7 area, completing the synchronised amenity equation that Phú Mỹ Hưng 2.0 is aiming for.
What Stage Is Construction of Art Center Phú Mỹ Hưng Currently At?
Construction progress of Art Center Phú Mỹ Hưng is currently entering the technical design implementation stage, after completing all pre-construction work such as site hoarding and geological survey drilling in 2025.
The total design and construction period is planned from 2025 to 2028, with official operation expected in 2027 according to the developer’s commitment. More importantly, Art Center is not being delivered in isolation but is one component of a large-scale infrastructure investment chain within the Phú Mỹ Hưng 2.0 strategy, running in parallel with the Tam Anh General Hospital and the Hồ Bán Nguyệt upgrade project. This coordination not only safeguards the overall schedule but also demonstrates the multi-project delivery capability of Phú Mỹ Hưng Corporation. Follow each milestone in detail below to understand the roadmap for the formation of this first international cultural and arts centre in South Saigon.
Has Art Center Phú Mỹ Hưng Broken Ground Yet? Construction Update 2025–2026
Yes, Art Center Phú Mỹ Hưng began pre-construction works in 2025, including completion of the site hoarding and geological survey, and the official architectural scheme has been approved.
This is a mandatory and decisive pre-construction phase, because the entire foundation and load-bearing structure scheme for the 7-storey building on the 1.2 ha site is based on the results of the geological drilling survey. Specifically, the formation of Art Center Phú Mỹ Hưng up to mid-2026 has passed through the following milestones:
Tender and approval of the architectural scheme: Architectural scheme C101 by MH Architecture Joint Stock Company achieved the highest score and ranking in the developer’s evaluation panel, surpassing the competing schemes. This is a foundational decision that shapes the entire architectural language, spatial proportions and overall appearance of the building.
Completion of hoarding and geological survey (2025): The site was secured with construction fencing, and the technical team carried out stratigraphic drilling to determine the geological characteristics of plot C10, from which an appropriate foundation solution was derived. This is a stage that cannot be skipped for a large-scale project such as Art Center.
Technical design development (2025 to 2026): As of mid-2026, the project is in the phase of finalising detailed technical design documentation, in preparation for the substructure works (foundations and basement). The developer, Phú Mỹ Hưng Corporation, continues to monitor progress to ensure Art Center takes shape in step with the entire Phú Mỹ Hưng 2.0 infrastructure chain.
In Which Year Is Art Center Phú Mỹ Hưng Expected to Be Completed and Put into Operation?
Art Center Phú Mỹ Hưng is expected to be completed and officially put into operation in 2027, within the overall design and construction schedule from 2025 to 2028 as committed by the developer.
The 2027 milestone is not an arbitrary figure; it is based on three solid grounds:
The first ground is the developer’s capability and reputation: Phú Mỹ Hưng Corporation has more than 30 years of urban development experience since it began building the Phú Mỹ Hưng urban area in the early 1990s. Throughout its development history, this developer has been highly regarded for its delivery capability and commitment to keeping to schedule, even for technically complex and large-scale projects.
The second ground is the financial resources already allocated: Total investment capital for the Phú Mỹ Hưng 2.0 strategy in its first phase amounts to more than 500 million USD, of which Art Center accounts for 30 million USD. Art Center’s share of the overall investment is entirely feasible to deliver and complete within 2 to 3 years of construction.
The third ground is the synchronised progress of related projects: Tam Anh General Hospital, with investment capital of more than 300 million USD, officially broke ground in April 2025. The Kênh Đào landscape improvement package worth almost 3 million USD has been completed. The Hồ Bán Nguyệt upgrade project of more than 11 million USD is being implemented on schedule. This synchronised chain of progress demonstrates the developer’s capacity to run multiple projects, and at the same time creates positive pressure for Art Center to be completed on time as an indispensable piece of the overall Phú Mỹ Hưng 2.0 picture.
When Art Center officially begins operating in 2027, it will be the first time South Saigon has a truly international-calibre cultural and arts centre, completing the all-round living ecosystem and raising Phú Mỹ Hưng’s standing on the regional urban map.
B.L.U.E Architects and the Impact of Art Center Phú Mỹ Hưng on Local Real Estate Value
B.L.U.E Architects is the architectural practice chosen by Phú Mỹ Hưng to realise the vision of Art Center, with a design philosophy that interweaves traditional Asian architecture and contemporary aesthetics, creating a building that is both distinctive and internationally benchmarked.
Beyond the architectural story, the impact of Art Center Phú Mỹ Hưng on real estate values within the surrounding radius is also information of interest to many investors and residents. These are two important complementary strands of information that complete the overall picture of the project’s economic and cultural significance.
Who Are B.L.U.E Architects? Architectural Style and Signature Projects of the Design Practice Behind Art Center
B.L.U.E Architects is an architecture firm founded in 2014 in Beijing, China, the abbreviation of “Beijing Laboratory for Urban Environment”, known for a design philosophy that places human emotional experience at the heart of every space.
The firm has built its reputation through projects that bridge traditional and contemporary architecture, notably The Seed Art Center in Zhejiang (China), a project similar in scale and in its cultural and arts complex function to Art Center Phú Mỹ Hưng, and Arabica Coffee Café in Shanghai, where a small space was designed to create a powerful emotional experience and instant brand recognition. Phú Mỹ Hưng Corporation’s choice of B.L.U.E Architects shows that the developer favours an architectural language with cultural depth and the ability to create a genuine “destination”, rather than simply a building that is grand in scale.
How Does Art Center Phú Mỹ Hưng Affect the Property Values of Nearby Developments?
Art Center Phú Mỹ Hưng has a positive impact on property values in the area by completing the cultural and artistic “soft infrastructure” – an element that has been missing and a long-term competitive advantage for developments within an 800m radius.
Developments benefiting directly from their position next to the Art Center include The Regency (50m away, a luxury development fronting Crescent Lake), Triton Crown CR9 (plot CR9 on Crescent Lake), The Sculptura and Phú Mỹ Hưng L’Arcade (a CBD shophouse complex). Experience from developed cities such as Singapore, Seoul and Tokyo shows that areas with complete hard infrastructure (hospitals, schools, transport) combined with soft infrastructure (art centres, creative spaces) consistently attract educated, high-income residents, thereby sustaining steady property price growth over time. The Art Center is the final piece completing that equation at Phú Mỹ Hưng.
