Core Insights - The LOFT49 Hangzhou Creative Center project has been completed and is expected to officially open by the end of the year, representing a significant urban renewal initiative in Hangzhou [1][2] - The project transforms a former industrial site into a multifunctional creative hub, integrating office spaces, exhibition areas, and commercial activities [1][2] Project Overview - The total construction area of the LOFT49 project is approximately 160,000 square meters, with Phase I covering 62,000 square meters completed in 2021 [1] - Phase II, which began construction in January 2023, encompasses about 96,000 square meters, focusing on the preservation and renovation of two industrial heritage buildings, particularly Factory No. 10 [1] Architectural and Design Features - The project employs the "urban kintsugi" concept, preserving original architectural elements while incorporating modern features such as glass domes and rooftop gardens [1] - The design includes a mix of historical and contemporary materials, enhancing the visual texture of the building's facade [2] - The layout promotes a multifunctional space, transforming old production areas into open offices, exhibition spaces, and commercial zones, connected by aerial walkways [1][2] Functional Matrix and Community Impact - The revitalized LOFT49 will serve as a creative landmark, housing headquarters for creative enterprises, vibrant commercial spaces, and exhibition halls [2] - The project aims to create a diverse scene through architectural storytelling, contributing to Hangzhou's urban renewal as a replicable and promotable model [2]