Shanghai Daily News
Shanghai government has adopted a preliminary plan for developing underground
space around the city, but the blueprint doesn't clarify the commercial rules
for investors looking to operate underground space.
The plan pinpoints eight major underground development locations - all of
which are near subway transfer stations - and divides the underground space into
three functional layers according to depth.
"The proper utilization of the city's potential underground space is crucial
for the city's long-term and sustainable development," Tang Zhiping, a
spokesperson for the Shanghai Urban Planning Administrative Bureau, said
yesterday.
He acknowledged that the city needs a specific rule to regulate how investors
can acquire or transfer the rights to develop underground space.
The plan also doesn't specifically regulate how real estate developers
utilize their underground space - including how much space they can use and what
measures they must take to prevent cave-ins, officials said.
By the time Shanghai hosts the 2010 World Expo, the city should have 600,000
square meters of usable underground space - mostly entertainment and public
facilities attached to existing and future subway transfer stations.
Since Shanghai was built on a soft foundation, rapid urban development has
caused an annual 10 millimeters of land subsidence on average in recent years.
The plan states the area between 15 and 40 meters deep underground is
exclusively for the construction of subway lines and public utility pipes.