Suspicion of Developer Interference? Zhongshan District Stores Receive Official Documents and Development Inquiries Almost Simultaneously: Interested in Rebuilding

Reported about 1 year ago

CTWANT Weekly | Lin Guanyin 5:18 am, July 9, 2024 Beijing City's New Zhongshan Business District has been continuously reported since April this year that at least hundreds of businesses have moved in illegally. It is suspected that developers and investors are maliciously reporting non-compliance with land use zoning regulations, leading to stores receiving improvement notices from the Urban Development Bureau. However, almost immediately after receiving the official documents, stores are receiving calls from developers inquiring about their interest in redevelopment, raising suspicions that developers are eyeing the potential benefits of redevelopment in the Zhongshan District. The district mainly allows residential and general retail businesses, but with the increasing influx of food and retail establishments, violations of zoning regulations have emerged, potentially leading to the closure of hundreds of illegal stores. Store owners have formed self-help groups urging the city government to extend the deadline for compliance and revise existing regulations.

Source: YAHOO

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