Does China's leading business city have what it takes to be a top-tier global financial center?
The Master Plan is a transformative and sustainable vision for the redevelopment of the Huangpu district of Puxi in Shanghai. The plan provides a rational framework for the transformation of the district that supports the overall vision of a modern Shanghai as a major global financial center.
The project design drew from studies of world global financial centers, including New York and London, to determine the physical elements that make prime financial centers attractive to businesses and talents. The key components of the Master Plan include the creation of mixed-use districts, with office, service apartment, retail and cultural facilities; the reliance on and full integration of public transportation into the master plan; and a carefully integrated preservation to tie the new infill development with the history of the district.
Because of its unique location and rich history, the Master Plan is more akin to a selective urban intervention strategy than to a major reconstruction of the entire area. The design team worked with local design institutes evaluating significance of all build environment on site. The district history played a key determinant role in shaping the plan, including the location of high rise towers to mark key gateways to the old City and to define the whole district on the Shanghai skyline. Selective preservation will transform unique historic neighbourhoods into mixed-use retail and cultural sub-districts. A major cultural institution on the Bund will transform the image of the district and Shanghai worldwide and become a catalyst for investment in the area.