The new building which wil] rise on the same spot within the next two years will be the tallest office building in Shanghai, unless someone comes along in the meantime to lower our record in this respect. Due to the width of the Bund this is possible. for elsewhere in the city the building by-laws prevent. the erection of an edifice higher than one and a half times the width of the road. Consequently the eight storeys that are planned with the twin cupolas one at each end of the facade will attain a height of 140 ft. as against the Palace Hotel which is just a little under 100 ft. That is true of the front portion of the building—the greater half—for behind only seven stories are contemplated. The whole will stand on an area with a 61ft. frontage and a depth of 170 ft., these being the dimensions of the building itself and not i the plot on which it stands.
Text read from the printed page and cleaned; old type leaves the occasional error.