Xuhui District’s waterfront will become a new Bund,featuring high-end finance and company headquarters, a districtofficial said yesterday.

Bao Bingzhang, Xuhui’s Party secretary, said the industrial structure is being shifted in Xuhui to cover, for instance, clinical medicine and R&D, neuro science and basic life sciences.

“The Xuhui riverside is being developed into a new Bund,” Bao said in an interview with Shanghaifabu, the city government’s public WeChat account.

The waterfront, also known as the West Bund, is also striving to become a landmark for art and museums. Many former industrial structures, such as a coal plant, aircraft assembly line and fuel tanks, have been converted into art galleries and museums. And the district government is developing an artificial intelligence hub with twin AI Towers and an AI Town on the waterfront.

The Xujiahui Center project, including a 370-meter tower on Hongqiao Road, will also become a landmark for upscale business and headquarters economy, Bao said.

The Xujiahui project to include two office buildings, a luxury hotel and seven floors of shops, restaurants, art galleries and theaters, will open its commercial complex in a trial operation in mid-December.

The 70-story iconic office building surpassed the 320-meter-high building in the Sinar Mas Plaza, also known as the White Magnolia Plaza complex, in Hongkou District to become the tallest structure in Puxi.

Xuhui also aims to preserve the past, opening more space in the Hengfu (Hengshan and Fuxing roads) Historical Conservation Zone to the public.

The district government plans to reduce the building capacity, the number of residents and businesses, while increasing public space, greenery and cultural space.