As Beijing undergoes rapid redevelopment, many historic buildings have been lost in the scramble. Now the few that remain are inspiring a flood of gentrification.
"The explosion of construction activity that has transformed Beijing into a modern metropolis over the past decade also turned many of its historical neighborhoods - known for their narrow alleyways, or hutongs - into rubble. As grass-roots preservationists began sounding the alarm, the aging wood frames and tile roofs of the ancient courtyard houses that give these neighborhoods their identity were being supplanted so quickly by mighty towers that it was hard to pinpoint where they once stood."
"Now, as they labor to protect what remains, Chinese preservationists are facing a new, equally insidious threat: gentrification. The few ancient courtyard houses that survived destruction have become coveted status symbols for the country's growing upper class and for wealthy foreign investors. As more and more money is poured into elaborate renovations, the phenomenon is not only draining these neighborhoods of their character but also threatening to erase an entire way of life."
Thanks to ArchNewsNow
FULL STORY: Lost in the New Beijing: The Old Neighborhood

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