Seeking to rival the Broadway theater district in New York and the West End in London, DreamWorks Animation SKG recently announced plans to develop a $3.1 billion cultural and entertainment district in Shanghai.
To be built along the shore of the Huangpu River in Shanghai, China, DreamWorks Animation SKG's $3.1 billion "cultural landmark" hopes to boost the firm's access to the lucrative Chinese media market, as well as China's media and cultural industries, while better balancing the nation's export-based economy with more at-home consumer spending.
David Barboza and Brooks Barnes, of The New York Times, report, "[t]he entertainment district is expected to be completed in 2016, at the same time that a $4.4 billion Disneyland theme park is set to open in Shanghai. The district will also house Oriental DreamWorks, a new $350 million joint venture animation studio that DreamWorks Animation has formed with its Chinese partners." In addition, the world's largest IMAX theatre, three Broadway-style theatres, smaller performance halls, restaurants, shops and an entertainment zone are planned for the development.
"The project is in many ways another example of Shanghai's ambitions," says the authors, "The city attracted 80 million visitors when it was host of the World Expo in 2010, and has spent billions of dollars on infrastructure, especially transit."
But where is funding for the massive $3.1 billion price tag to come from? Despite not working out funding, DreamWorks Animation's chief executive says there's "no reason for concern because the government and Chinese partners were enthusiastic and eager to build." If only it were that easy everywhere.
FULL STORY: DreamWorks Animation Plans Shanghai Entertainment District
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
World's Largest Wildlife Overpass In the Works in Los Angeles County
Caltrans will soon close half of the 101 Freeway in order to continue construction of the Wallis Annenberg Wildlife Crossing near Agoura Hills in Los Angeles County.
Coming Soon to Ohio: The Largest Agrivoltaic Farm in the US
The ambitious 6,000-acre project will combine an 800-watt solar farm with crop and livestock production.
California Grid Runs on 100% Renewable Energy for Over 9 Hours
The state’s energy grid was entirely powered by clean energy for some portion of the day on 37 out of the last 45 days.
New Forecasting Tool Aims to Reduce Heat-Related Deaths
Two federal agencies launched a new, easy-to-use, color-coded heat warning system that combines meteorological and medical risk factors.
AI Traffic Management Comes to Dallas-Fort Worth
Several Texas cities are using an AI-powered platform called NoTraffic to help manage traffic signals to increase safety and improve traffic flow.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.