The Shanghai Dream Center is backed by DreamWorks Animation, Chinese investment fund CMC Capital partners and Hong Kong-based property developer Lan Kwai Fong.
The 40-acre project, riverside at a former cement factory near the site of the 2010 Shanghai Expo, will feature eight outdoor event plazas and also house the film production facilities of Oriental DreamWorks. The Shanghai-based company, a joint venture between DreamWorks Animation and Chinese partners, is expected to produce “Kung Fu Panda 3″ and a slate of other film, TV and online properties.
Shanghai Dream Center IMAX
Due to open in 2017 or early 2018, the Dream Center will have a 500-seat Imax theater and a venue for red carpet and festival events.
Shanghai Dream Center aerial view looking west
Lan Kwai Fong Group Chairman Allan Zeman said that the group worked with 15 architects to come up with designs for the T-shaped site and added that the design plan isn’t complete.
Shanghai Dream Center waterfront view
“This will become the world’s third great urban center of entertainment and arts alongside New York’s Broadway and London’s West End,” said DreamWorks Animation CEO Jeffrey Katzenberg.
Shanghai Dream Center offices
The site will include offices, black box theaters and restaurants.