The Fengxi "urban village" renovation project in Qingpu District, one of Shanghai's largest urban renewal projects, held a centralized groundbreaking ceremonyonFebruary 8.

The first batch of 15 key projects, with a total investment of 3.8 billion yuan(US$519.84 billion), began construction, marking the transition of the Fengxi "urban village" project from planning to reality.

In his speech, Qingpu DistrictDirectorJin Xiaoming stated that in recent years, Qingpu has implemented two rounds of 10 "urban village" renovations, benefiting over 7,400 households.“Urban villages”like Fengxi have been revitalized and upgraded, transforming into new landmarks and engines for high-quality economic and social development across the district.

Fengxi "urban village" is adjacent to the Hongqiao International Central Business District, boasting excellent location advantages and vast development potential. Located in Huaxin Town, a national hub for the express delivery industry and a stronghold for advanced manufacturing, Fengxi is being developed in collaboration with theCCCC Urban Investment Holding Co Ltd, a professional urban development platform, to become a new model of industry-city integration and innovative development.

In the future, Fengxi will integrateatransit-oriented developmentstationofthe demonstration zonelineand an eco-friendly green park, creating a high-standard, vibrant urban space, said Jin.

The Fengxi "urban village" renovation project extends east to Xinfeng RoadS., west to XintongboRiver, south to Beiqing Highway, and north to Diaotang River. The renovation area coversabout1,273mu, with a total investment of about 36 billion yuan.

Land acquisition began in March 2023, and the relocation and demolition phase started in September. As of now, the signing rate is 98.85percent, with 2,141 households relocated, a relocation rate of 99.49percent, and 2,082 houses demolished, covering a total area of 437,144.33 square meters.