Former container dock slated for redevelopment
Print Edition
THE Baoshan District government yesterday announced a 15 billion yuan (US$2.3 billion) plan to transform a former container dock on the banks of the Yangtze River into a residential area and tourist attraction.
Formerly operated by Shanghai International Port Group, Changtan dock was once a bustling center for maritime trade, but as with countless other sites like it around the world, it’s future is in housing and leisure.
Scheduled for completion in 2020, the revamped site, which spans about 1 square kilometer, will feature 4,200 apartments, three parks, assorted shopping malls, restaurants and coffee shops, hotels, kindergartens and an IMAX cinema, the government said in a statement on its WeChat account.
The commercial and hospitality projects are expected to create about 14,000 jobs, it said.
For day-trippers and tourists — the site is quite close to the Wusongkou International Cruise Terminal — there will be a 1.8 kilometer long promenade and a 180 meter high sightseeing tower offering views across the river to Chongming and Changxing islands, and the East China Sea.
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