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September 5, 2012

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Home » Business » Economy

Business area will feature a "living zone"

SHANGHAI is to build a financial zone, similar to Lujiazui, in the Pudong New Area to include multinational firm headquarters and an international community for foreign employees, the city's urban planning authority said yesterday.

The Qiantan Area beside the Huangpu River will be home to business headquarters, culture and media institutes as well as sports and leisure sites, the Shanghai Municipal Bureau of Planning and Land Resources said on its website.

"However, Qiantan will be differentiated from the Lujiazui to also include a living zone, a new urban planning concept to combine work and life together," said Ma Shijing, general manager of the Binjiang International Tourism Resort Company, who took part in the planning.

Supermarkets, top international schools and hospitals will be provided to cater for the international community. The Oriental Sports Center is already within the zone while there are plans for basketball courts and fields for American football, baseball and cricket.

A highlight of the area will be thousands of meters of bicycle lanes and more than 50 bicycle renting stations.

The 4-meter-wide lanes are to encourage future residents to use bicycles rather than cars.

Travel information stalls, newspaper booths and small stores will be planned alongside the lanes.

The area, shaped like a boot, is upstream of the former Expo site and will cover 2.83 square kilometers. It is designed to have 25,000 people living and working in the area.

The area will mainly include headquarters of accounting, consulting, legal and modern service institutes to support the current company headquarters in Lujiazui, Ma said.

Office buildings will be no more than 10 meters tall while more than 75 percent of the area will be planted with trees to protect the environment, the bureau said on its website where it is soliciting opinion from city residents.




 

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