At the centre of the Bund—China’s most sought after waterfront estate—stands Bund18. Formerly the Chinese headquarters for the Chartered Bank of India, Australia and China,the stunning 1923 column-fronted building built in the popular neo-classical style by British architectural firm, Palmer & Turner.Offering unparalleled panoramic views of the Huangpu River and financial mecca of Shanghai’s financial centre in Pudong, Bund18 has been carefully restored by a team of Venetian architects from Kokaistudios.
The two-year renovation project including planning, construction and restoration began in November 2002 and was completed in September 2004. Through the application of modern design to a historic landmark, structural reinforcement, historic restoration, mechanical installation and interior design, Bund18 sets a new standard in Shanghai for heritage revitalization. By creating a new chapter in the life of this unique building the renovation has restored the building’s original architectural vision. More than merely preserving the facade, meticulous research was undertaken in both the interior and exterior of the building so that each point of restoration was carefully considered and executed thus allowing modern amenities to be added without disturbing the original structure or interior design.
Bund18 redefines the modern face of Shanghai, establishing a new benchmark for cultural appreciation as well as commercial success. Though preservation came at a considerable cost, the conservation of this heritage property proved vital, winning the 2006 UNESCO Asia-Pacific Heritage Award of Excellence for Culture Heritage Conservation.