Description
Top location - The project in the Hongkou District of Shanghai city involves the revitalization of 48 historic villas with a total gross floor area of 300,000mē on 800,000mē of land. The villas are being renovated as luxury residential and office buildings ranging between 250 mē and 500 mē in area. Overall, the planned Bao Yang quarter will comprise some 60 villas.
Innovation - The Bao Yang villa quarter is the first purely Chinese property development to be presented on the European property market. At the same time, the project is being launched in the difficult Shanghai property market, where a range of political factors have to be taken into account.
Development responsibility - Drees & Sommer has accepted responsibility for the villa development and has established sustainable long-term economic criteria. Through verification of planning concepts in the European user market and negotiations with potential users to position the project with investors, Drees & Sommer has ensured implementation.