Vacant lot is considered a prime location

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Uploaded by on Aug 28, 2009

Down the street from my hotel, an entire half-block of land had been razed and enclosed by black walls and a chain-linked fence.... The outer wall of the lot advertised the coming attraction: Grade A International Office Building, Plaza 108, Shopping, Leisure, Business. The property is owned by Shanghai Guangtian Real Estate Development Co., which was acquired by a Hong Kong-based developer in 2008. It is considered a prime location due to its proximity to the Bund and East Nanjing Road.

Read more at
http://www.insidethemoderndragon.com/shanghailights.html

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