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Thursday, 20. October 2005
Rich Gate and Home of the Tycoons
fonsboy
10:25h
This year alone, Shanghai will complete towers with more space for living and working than there is in all the office buildings in New York City. That will happen in a city that already has 4,000 skyscrapers, almost double the number in New York. And there are designs to build 1,000 more by the end of this decade. It is not uncommon to see a residential development with 10, 20 or even 30 identical high-rise apartment buildings clustered around sculpted green spaces and artificial waterways. Prices are soaring. Luxury apartments in Shanghai and Beijing with names like Rich Gate and Home of the Tycoons now sell for prices comparable to those of some high-end properties in New York. China expects 75 million more farmers to migrate to cities over the next five years… "Everyone wants to build a Manhattan," said Jun Xia, a principal in the Shanghai office of Gensler, a leading global architecture and design firm. "In China, I say 'smaller, smaller' and the clients say 'wider, wider."'
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