Old market poised for a makeover
Jiuxing Market, once the biggest home décor bazaar in Shanghai, has been shuttered after it fell prey to unauthorized vendors and illegal structures.
In its place, a new center that will feature a modern market, a business center, residential housing, parks and schools is taking shape.
“The plan is to finish the design of pile foundations in July,” said Wu Enfu, chairman of the board of Jiuxing Holding and former Party secretary of Jiuxing village, Minhang District. “The market achieved a lot in the past 18 years, but we have to look to the future.”
The redevelopment marks the passing of a piece of local history, but residents in the area aren’t too distraught.
“This is good news,” Wang Danfen, a villager, said of the makeover. “We have been waiting for a long time to see improvements that will lead us to a better future.”
The urban renewal plan resulted in the eviction of 10,000 vendors in three months. Many of them have been relocated to markets in Qingpu, Jiading and Jinshan districts, encouraged by cash payments and other incentives. Still, many were sad to leave a site dear to their hearts.
Liu Biao, who sells ceramics, was relocated to the Haiqi Market beside Jiuxing village, along with many other Jiuxing vendors. Haiqi market now brims with 300 stalls.
Liu said he was earning about 40 million yuan (US$6 million) at his shop in the Jiuxing Market before it was shut down. For now, he said he is content with the relocation but hopes it will be temporary.
“The day the new Jiuxing Market is completed, we will be back,” said Zhu Hanren, another of the vendors.
Some 100 market vendors secured spots in the redeveloped new market in a lottery system. Construction on the site is expected to be completed by 2021. More than 1,700 vendors have applied for space in the new market. The Shanghai Jiuxing Holding Group has signed contracts with 329 of them so far.
The new market will feature automation, including a system for loading and unloading truck, and real-time tracking of cargo transport.
“The market will also incorporate cultural and innovative industries to become a new landmark in the western part of the city,” Zhu said in an interview with a local radio station.
Wu Fang, Party secretary of Jiuxing Village, hailed construction of the new market as a milestone in the development of the area.
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