JING’AN Ambitious urban renewal plan outlined
The Jing’an district government, which has made urban renewal a priority, plans to renovate 10 old residential plots to benefit nearly 1,900 families. In addition, a number of commercial, cultural and industrial projects will be launched or completed in the near future. Here are four of the major projects.
Plaza 66 Phase III
Since its opening in 2001, Plaza 66 has been a commercial landmark on Nanjing Road W.
In 2007, it became the first commercial complex in Shanghai to report over 100 million yuan (US$13.9 million) in business income tax in a month, and in 2021 became the first to report over 10 billion yuan in business income tax in a year.
Hailed as one of the most wellestablished downtown luxury shopping malls, it is home to over 100 renowned brands, most of which are flagship stores. They include Louis Vuitton, Dior and Bottega Veneta.
To meet increasing demand, expansion is on the agenda.
At the northwest corner of the mall, construction of the third phase will begin in 2025.
It is set to cover nearly 3,080 square meters of commercial area. Retailers and eateries will dominate the three floors above the ground, and the basement floor will connect to the current mall.
A 3,850-square-meter public space will be built along Nanyang Road to offer the public a 24-hour leisure place which combines art, sports and natural landscape.
City terminal
The Shanghai Airport City Terminal in the bustling Jing’ansi area opened to the public in 2002 and was the first city terminal in the Chinese mainland to be put into use.
Jing’an District and Shanghai Airport Authority signed strategic cooperation in 2020 to renovate the city terminal after nearly 20 years of service.
The project is set to complete this year. To date, pile foundation work, steel roof demolition work and other structural work have been completed. Other key engineering works are still under way.
When completed, it will be a multi-function complex including office space and retail stores. There will also be a new entrance inside the complex leading to Metro Line 2.