New business block in downtown Shanghai to set a new model for urban development
Shanghai, a well-established destination for investment from home and abroad, is keen to ride the waves of economic revitalization to attract more quality investment with better policies and services.
A new premium business block is taking shape in downtown Shanghai that may set a new model for the city's urban transformation.
The block, developed jointly by the China Pacific Insurance (Group) Co Ltd, Shui On Land and Yongye Group, is adjacent to the well-established Xintiandi area in the heart of Huangpu District.
Named CPIC Xintiandi Commercial Center, the block is expected to create a pan-Xintiandi community that embodies the future urban development. It will integrate nearly zero carbon emission work spaces with good scenery, preserved cultural heritage, multi-functional services, and convenient traffic.
The center is comprised of three office buildings, one which is a 250-meter premium Grade A office tower that got topped off on Thursday, along with podiums named CPIC Xintiandi Galleria.
The 390,000-square-meter block will become another milestone for Shui On's development in Shanghai after its signature Xintiandi project.