Jing'an Zhangyuan urban regeneration project

Located in the Nanjing Road West area, Zhangyuan provides a valuable snapshot of Shanghai’s rich architectural heritage.
Located in the Nanjing Road West area, Zhangyuan provides a valuable snapshot of Shanghai’s rich architectural heritage.
Swire Properties and Shanghai Jing’an Real Estate Group have formed a 60:40 joint venture management company to collaborate in the revitalisation of Shanghai’s Zhangyuan district. The project aims to transform the area into a unique international cultural and commercial destination in the heart of the city.

Zhangyuan sits on four parcels of land in the Nanjing Road West area and is currently owned by Shanghai Jing'an Urban Renewal Construction Development Co., Limited, a subsidiary of Jing'an Real Estate Group. With a rich history dating back to the 1870s, when it was first developed as an area of garden villas, Zhangyuan later came under the ownership of entrepreneur Zhang Shuhe who turned it into a popular entertainment district, attracting the public for exhibitions, Chinese opera, magic shows, dining, and socialising. Today, the area comprises 43 shikumen blocks of around 170 historic buildings in 28 different styles. It is the largest, best preserved, and most architecturally diverse shikumen compound in Shanghai, with a wide variety of styles, ranging from garden villas with Western elements, to shikumen with traditional Chinese interiors.

The two companies aim to revitalise Zhangyuan into a vibrant lifestyle hub, by restoring and preserving the shikumen houses, and also making full use of the area below ground level. With an expected gross floor area (above ground) of approximately 60,000 square metres, the project will include the creation of high-end office space, unique residential apartments, a boutique hotel and a wide variety of exciting retail and dining options. The underground area of more than 70,000 square metres will connect to three Metro lines (2, 12 and 13) at Nanjing Road West station, enabling seamless access from nearby communities and neighbourhoods. 
Jing'an Zhangyuan urban regeneration project

Jing'an Zhangyuan urban regeneration project

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