Sanlitun Taikoo Li is the shopping district Beijing youth love most.
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里 was a historic unit of distance — about 500 meters — and 屯 means garrison/village. So the name literally means 'village three li (from the old city gate)'. CC-CEDICT gives the tone on 屯 as tún (/San1 li3 tun2/).
Street name in Chaoyang District, Beijing — historically 'three-li village' along the old city wall. Since the 1990s, Beijing's premier bar-and-club strip; now also home to Sanlitun Taikoo Li 三里屯太古里 (Swire Properties' open-air fashion mall) and the Uniqlo/Apple Beijing flagships.