Katya Knyazeva (avezink) wrote,
Katya Knyazeva
avezink

Bad news for the old town

This piece of news is worrisome. With the word 'revamping' seeping into every other paragraph, you know this does not bode well for the residents' community and for the historic city. The developers are itching to sink their claws into the last authentic corner of the old town's north: the area east of the City God Temple. I don't believe any of the preservation incantations in the article. The message is obvious: downtown land is golden and it gets redeveloped. You can bet against me and claim your reward in a few years if you don't see a string of boutique hotels and retail promenades after the 'revamping' is finished, with all the former homeowners cleanly swept to the suburbs.





Tags: old town, redevelopment, shanghai, yuyuan, 丹凤路, 安仁街, 梧桐路, 老城厢, 豫园
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