With the exception of Broadway' Mansions, now dominating the skyline of Shanghai, there has been litte} change on the Bund frontage. The grandeur of this building, wil, in the course of time, be challenged by the enormous premises of the Bank of China, which will occupy the site of the old Club Concordia. The full details of thi future construction, The western arca, which comprises everything west of Thibet Road, as far as the Rubicon. has been the district showing "most activity throughout the year.
The building permits for 1934 amounted to $9,459,805 and several very important sales were concluded within the Settlement limits, Beyond the Settlement great deal of land has been purchased for residential purposes. It is therefore easy to understand how this district has sprung into major importance during the last year or two.
The completion of the Intersaving Society Building, which now houses the Park Hotel, is the first of the many magnificent -buildings, either in course of erection or already completed within this area. Further along the palatial new premises of the Race Club are added to the long list of striking buildings of which Shanghai has reason to be proud.
Text read from the printed page and cleaned; old type leaves the occasional error.