^I don't think so. It will happen, but I really don't know if there is a need for it at the moment. There is so much vacant office space in Lujiazui right now that it seems foolish to go ahead with this project. I imagine it will probably start closer to or after the 2010 Expo. Investors would be wise to see what the office absorption rate is after Shanghai loosens it's reigns on foreign private business ownership. Besides, there is a great rooftop restaurant with insanely cheap prices that sits on the lot. I quite enjoy sipping a $3.00 big bottle of Carlsberg between my friends the Jin Mao and SWFC.
Here's a picture of my uncle doing just that..
