Portman Breaks Ground on Mixed-Use Development in Shanghai
The Jian Ye Li development occupies 193,750 square feet of property and is a re-use development that will retain its original architecture while the interior is modernized and refurbished. The new mixed-use development will provide an international destination for visitors to experience the culture and history of Shanghai.
The new Jian Ye Li mixed-use development will be comprised of 51 residential units, 40,000 square feet of retail space, and 50 serviced apartment units. Construction of the project is expected to be complete by September of 2010 with a price tag of approximately $105 million.
Jian Ye Li was originally constructed as a housing project for low-income families who worked for the Jian Ye Li Construction Company. The development will be refurbished in an effort to revitalize a neglected section of the picturesque French Concession district. Residential, serviced apartment units and retail spaces will be constructed as a result of the dismantling of the East portion of the site during the first phase of the project.
The new-mixed use development will include an iconic water tower that is part of the original 1928 drawings and will include copper lattice work with original Jian Ye Li brick material. Since the original design of the water tower is unknown, Portman & Associates plans to create a modern version.
Portman & Associates currently has 16 projects in Shanghai underway that include retail, residential, serviced apartment, and commercial facilities. The company employs a team of more than 40 professionals and offices in Atlanta, Georgia and Shanghai, China. Established in 1953, Portman has over 50 years of expertise in designing hotels, serviced apartments, universities, serviced offices, trade marts, and mixed-use urban complexes all around the world.
Portman’s Shanghai office, John Portman & Associates International, was established in 1993 and was one of the first foreign architectural firms to do work in China. The Shanghai office has been paramount in facilitating the design of numerous projects in China. Projects include large mixed-use projects, cultural centers, stand-alone serviced office towers, hotels, serviced apartments, marts, and large residential developments built in the cities of Shanghai, Beijing, Dalian, Tianjin, Wuxi, Hangzhou, Chongqing, Nanjing, Shenzhen, Ningbo, and Jinan.
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