Shanghai's ZHANGYUAN community to reopen
©Swire Properties
ZHANGYUAN, Shanghai's first urban regeneration project to implement protective expropriation and historical restoration, officially opened on November 28, 2022. The project is operated and managed by a joint venture between Swire Properties and Shanghai Jing'an Real Estate (Group) Co., Ltd. ("Jing'an Real Estate Group"). ZHANGYUAN West Zone is now open to the public as the first phase of this unique project.
The Shikumen heritage buildings in ZHANGYUAN are among the best-preserved and richest historical architectural forms in Shanghai. Over forty buildings, in more than 20 different styles, some dating back over 100 years, include Western-style garden villas as well as traditional Chinese styles. The newly unveiled ZHANGYUAN has been reshaped into a high-quality "first urban public space", providing trendy lifestyle and cultural experiences and offering a place where Shanghai's citizens can work, relax, shop, and be entertained.
Swire Properties has introduced a host of luxury brands to the area, including original concept stores and will be presenting a diverse range of events, exhibitions, and arts and cultural activities. Swire Properties' responsibilities in the ZHANGYUAN project extend to design, leasing, operational management, and marketing.
