DreamWorks Animation and its Shanghai-based partners yesterday revealed some big plans for the fancy-schmancy, $2.4 billion “Dream Center” complex being built in the city’s Xuhui district.
The culture and entertainment complex, positioned along the Huangpu River, will include shops, hotels and a bevy of drink and restaurant establishments. A “Dream Avenue” theater district fashioned after Broadway and the West End in London is also planned for the project, and all of this is set to be complete by 2017, according to the district government.
Shanghai Daily reports that the complex will cover around 464,000 square meters and will comprise 12 cultural venues, including performance centers and concert halls. A 500-seater IMAX theater is among the attractions being built, where movie premiers and red carpet events will be hosted. Ooh-la-la.
The complex will also be home to the headquarters of Oriental DreamWorks, another joint venture between the company and Shanghai firms that was announced back in 2011, which will produce Kung Fu Panda 3.
Developers expect that the entertainment complex will see around 20 million visitors per year. “We believe the center will be a focal point for talent and a driving force for the cultural and creative industries,” Li Ruigang, chairman of China Media Capital, was quoted as saying.
On top of the incoming Shanghai Disneyland due for completion in 2015 and the Universal Studios going up in Beijing, it’s just going to be bundles of fun and tourists from then on out, friends!
[Images via Shanghai Daily // Deadline]