Architecture firms Foster + Partners and Heatherwick Studio just unveiled their plans for the Bund Finance Center, a luxury mixed-use development that will bookend Shanghai’s most famous street and waterfront destination. The eight staggered buildings will offer a luxurious international experience complete with two 590-foot tall landmark towers with a “corporate mansion” feel. Located at the gateway to Shanghai’s Old Town, the Bund Finance Center will connect international influences with China’s traditional heritage.

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Lined by European Neo-classical buildings, the Bund is one of Shanghai’s most historically significant areas and marks a major crossroads between the East and the West. “In filling this last empty site on Shanghai’s famous Bund, the concept is inspired by China’s ambition not to duplicate what exists in the rest of the world but to look instead for new ways to connect with China’s phenomenal architecture and landscape heritage,” says Thomas Heatherwick.

Each building will be detailed in stone and bronze and edged in white, hand crafted granite to exude a glamorous, jewel-like feel. The mixed-use development will be centered on an arts and cultural building that will double as a platform for the international arts as well as a flexible space for corporate events. The arts center design mimics the traditional Chinese-style open theater and is ringed by a moving curtain that will adapt depending on usage. The development will also include a boutique hotel, luxury retail, Michelin-starred restaurants and premium ‘grade A’ offices.

The Bund Finance Center is currently under construction and is slated for completion in 2015.

+ Foster + Partners

+ Heatherwick Studio