THE WEAVE 277

The Weave (277 Wuxing Road), located in Shanghai’s historic former French Concession, revitalizes a distressed non-performing loan (NPL) asset through thoughtful architectural renovation and heritage preservation. Transforming abandoned industrial and office spaces into vibrant commercial, cultural, and leisure venues, the project strategically repositions the site as a dynamic mixed-use destination. At its heart, an open central courtyard hosts markets and cultural events, significantly boosting local community value and neighborhood vitality. Celebrated as an exemplary urban renewal model, The Weave demonstrates how innovative design can revive urban heritage sustainably.