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October 29, 2011

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Home » Metro » Entertainment and Culture

Coal bunkers fuel art center project

OLD coal bunkers on the southern dock in Lujiazui area are to be transformed into a modern art center in a 2-billion-yuan (US$314 million) development, government officials said yesterday.

Construction on the center - comprising art galleries, art studios and a public sculpture park - will get under way before the end of this year. Work is expected to last a year.

Officials said the project will provide more cultural activities for workers in the city's financial district.

Further details will be announced during the Lujiazui Financial Cultural Festival which starts today.

Meanwhile, Lujiazui administrators disclosed that they are in negotiations with the Eslite Bookstore, one of the largest bookstore chains in Taiwan, about launching an outlet in the zone.

However, high land prices and limited space are major obstacles, as the business would include not only a bookstore but restaurants and other commercial facilities.

Many city bookstores have closed in recent years under the impact of rising rents, online rivals and e-reading.

This morning, more than 3,000 white collars are expected to take part in a run to mark the beginning of the Lujiazui Financial Cultural Festival.

Other opening activities include a pop concert and street performances along the waterfront.

The two-month festival will include lectures on China's currency policy, a golf competition and a bridge competition in the business zone.

Last month, construction of an overpass connecting the Super Brand Mall to the riverside boulevard in the area began to give visitors an easy access to the waterfront area.

The work is part of a 100-million-yuan project to revamp the southern riverfront area, which is due to be concluded by next October.


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