Swire to turn Zhangyuan’s shikumen cluster into Shanghai’s Covent Garden or Omotesando in massive urban revival project

Swire Properties will open the first phase of its Zhangyuan redevelopment project in Shanghai next July, kicking off the renewal of one of most important – and storied – landmarks in China’s commercial hub.About 20,000 square metres (215,278 square feet) will open in July 2022, featuring retail shops, restaurants, co-working space for start-ups, and contemporary art installations, said Swire, the 60 per cent shareholder of a venture with Zhangyuan’s owner Shanghai Jing’an Real Estate Group…

Swire to turn Zhangyuan’s shikumen cluster into Shanghai’s Covent Garden or Omotesando in massive urban revival project
Swire Properties will open the first phase of its Zhangyuan redevelopment project in Shanghai next July, kicking off the renewal of one of most important – and storied – landmarks in China’s commercial hub.About 20,000 square metres (215,278 square feet) will open in July 2022, featuring retail shops, restaurants, co-working space for start-ups, and contemporary art installations, said Swire, the 60 per cent shareholder of a venture with Zhangyuan’s owner Shanghai Jing’an Real Estate Group…