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Highlights
 
 
 
World Central Business District--Foundation Cerem...

The Springs Knowledge & Commerce Square, sponsored by American Tishman Speyer Properties, held its foundation ceremony at New Jiangwan on Jan. 11th. This marks the beginning of the construction of Wu Jiao Chang Sub-CBD, which is highly internationalized and sci-tech characterized. On Jan. 12th, Yangpu District Government, Shanghai Urban Construction Investment and Development General Company, and Tishman Speyer Properties held the first Green Architecture and Substantial Development International Forum at Hyatt on the Bund. The forum introduced the application and the international trend of green architect and technology of substantial development through seminars and speeches. On the forum, Tishman Speyer Properties highlighted The Spings Knowledge & Commerce Square was a social committee lived up to the substantial development standard in Yangpu District.

On the day of the foundation ceremony, Han Zheng, Secretary of the CPC Shanghai Municipality and Mayor of the City of Shanghai, sent his greetings. Vice Mayor Tang Dengjie, President of Tishman Speyer Properties Jerry Speyer inaugurated the project. Vice Secretary of the Shanghai Municipality Sha Hailin, Jerry Speyer, Secretary of the CPC Shanghai Yangpu District Chen Anjie, General Manager of Shanghai Urban Construction Investment and Development General Company Kong Qingwei delivered their speeches respectively. Vice Secretary of the CPC Shanghai Yangpu District, District Governor Zong Ming hosted the ceremony and read out the greetings from Mayor Han Zheng. Tishman Speyer Properties Senior Director Katherine Farley, General Manager Tom Farrell, Chairman of the PPC Shanghai Yangpu District Li Wenlian attended the ceremony.

On behalf of Shanghai Municipality and Vice Mayor Tang Dengjie, Sha Linhai warmly congratulated on the commencement of The Springs Knowledge & Commerce Square. He said this project has a strategic meaning for the Yangpu District not only in terms of city transformation, functionality upgrade, district merge, mutual development, but also in terms of transformation of the Yangpu District into a knowledge- and innovation-oriented district. He wished that the quality and security would be guaranteed, the construction would be completed earlier, and this project would turn out to be an elite one. Meanwhile, more contributions should be made to the socialist modernization of the metropolis.

Jerry Speyer said he was honored to have the opportunity to participate in this Green Architect and Sustainable Development Project initiated in Shanghai. The square was named after Springs, which implied three meanings: tap into resources, season, and energy. He hoped when the construction is completed, the square can attract Fortune 500 enterprises and specialists get involved in its development, making the square as China’s, even the world’s, landmark of sustainable development.

Chen Anjie said Yangpu District was honored to usher in World Top Enterprises like Tishman Speyer Properties to participate in the development of Yangpu District. Guided by the idea of district merge, mutual development, Yangpu District will keep on the Strategy of putting Wu Jiao Chang Sub-CBD in the spot light. Yangpu District will spare no effort to build a new industry system and an innovation system, characterized by science and technology, prioritize tertiary economy, setting Wu Jiao Chang Sub-CBD as a model.

Kong Qingwei said New Jiangwan where The Springs Knowledge & Commerce Square is located played a very important role in the development of Yangpu District. With the creation of a Green Ecology-friendly harbor and an International Wisdom Zone as an aim, he hoped that Yangpu District Government, Shanghai Urban Construction Investment & Development General Company, and Tishman Speyer Properties could keep on their cooperation, making the area a new landmark.

The Springs Knowledge & Commerce Square is bordered by Song Hu Road, Yin Gao Road, and Zha Yin Road, covering a land area of 260,000 square meters, about 1.2 million square meters of floor space. The investment in the project amounts to an estimated 2.5 billion RMB. Target clients are those from Fortune 500 and multi-national companies. After the construction is completed, Tishman Speyer Properties will recommend several multi-national companies to base their headquarters in The Springs, making the square another World CBD. By that time, this place will become the landmark of Wu Jiao Chang Sub-CBD, and home for 80 to 100 thousand residents and merchants.

 

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