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A bigger Bund on the way
By Xiao Zha |
July 16, 2010, Friday
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Print Edition
Print Edition
CITY planners said yesterday they would further develop the Bund area into a stretch combining a financial hub, cultural business, renovated historical buildings as well as residential communities by 2020.
According to the blueprint, construction at the south end of the Bund, mainly in downtown Huangpu District, will be the next focus in the following five years after the north end, in Hongkou District, has been built into a hub for shipping business.
"The skyline in the Puxi riverfront will be shaped again," said Gu Jun, deputy director of the Shanghai Urban Planning and Design Research Institute which drafted the project.
"It will be more energetic and more environmentally friendly."
The key Bund financial area, stretches about 4.8 kilometers from Suzhou Creek to the Expo site in Puxi and is an area of some 2.6 square kilometers. It used to house the city branches of many international banks and trading companies in the early 20th century.
Officials plan to add 2.3 square kilometers of new commercial complexes to double the size of the area.
The financial stretch will be linked by a newly opened promenade "as charming and friendly to tourists as the Avenue des Champs d'Elysees in Paris."
The stretch is expected to be in three parts, dotted by banks, trading centers, office buildings, hotels, old buildings and Shiliupu Dock, a 150-year-old wharf area coming back into use after its given a face-lift.
According to the blueprint, construction at the south end of the Bund, mainly in downtown Huangpu District, will be the next focus in the following five years after the north end, in Hongkou District, has been built into a hub for shipping business.
"The skyline in the Puxi riverfront will be shaped again," said Gu Jun, deputy director of the Shanghai Urban Planning and Design Research Institute which drafted the project.
"It will be more energetic and more environmentally friendly."
The key Bund financial area, stretches about 4.8 kilometers from Suzhou Creek to the Expo site in Puxi and is an area of some 2.6 square kilometers. It used to house the city branches of many international banks and trading companies in the early 20th century.
Officials plan to add 2.3 square kilometers of new commercial complexes to double the size of the area.
The financial stretch will be linked by a newly opened promenade "as charming and friendly to tourists as the Avenue des Champs d'Elysees in Paris."
The stretch is expected to be in three parts, dotted by banks, trading centers, office buildings, hotels, old buildings and Shiliupu Dock, a 150-year-old wharf area coming back into use after its given a face-lift.
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