Bringing Soho to China

New development promises live/work lofts in Shenyang, China

TRD New York /
Dec.December 07, 2014 09:00 AM

The lust for New York City loft living knows no bounds. Now a new development is bringing a taste of Soho to Shenyang, a large industrial city of about 8 million in northeast China.

Designed by a California architectural firm, the 390 unit “SoHo lofts” — or SOHO, all caps, in the marketing materials — are live/work units hoping to draw China’s young entrepreneurs, according to the New York Times.

“What would be an enormous project in the States barely raises an eyebrow in China,” Joel Rothstein, a partner in the real estate group at the law firm Paul Hastings, who splits his time between Los Angeles and Beijing, told the Times. “You walk through these real estate fairs and everywhere you look, there are models of enormous condominium tower after enormous condominium tower for sale.” [NYT]Christopher Cameron


Related Articles

arrow_forward_ios
Beike Zhaofang founder Zuo Hui (Getty; iStock)

Inside the world’s most valuable proptech company

Inside the world’s most valuable proptech company
WeWork CEO Sandeep Mathrani (Getty)

WeWork sells majority stake in China division

WeWork sells majority stake in China division
Newly uncovered trademarks show Trump’s Cuba real estate aspirations

Newly uncovered trademarks show Trump’s Cuba real estate aspirations

Newly uncovered trademarks show Trump’s Cuba real estate aspirations
Jackie Chan and the building (Credit: Andrew Chin/Getty Images, and NICOLAS ASFOURI/AFP via Getty Images)

Jackie Chan’s Beijing condos head to auction amid dispute between developers

Jackie Chan’s Beijing condos head to auction amid dispute between developers
In China, residential developers have used presales to power their construction, but that may not be enough in a Covid world. (Getty)

Presales powered resi development in China. Covid may change that

Presales powered resi development in China. Covid may change that
Hamid Moghadam (iStock)

Prologis CEO: Capital is not an issue, it’s finding properties

Prologis CEO: Capital is not an issue, it’s finding properties
Beijing

Falling rents in China a sign of economic uncertainty

Falling rents in China a sign of economic uncertainty
China’s housing market is into bubble territory

There are fears of a great housing bubble in China

There are fears of a great housing bubble in China
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...