As part of the 2010 Expo redevelopment project, the area to the south of the Bund was also rejuvenated.
According to founding partner Lyndon Neri, the South Bund provides a much-needed alternative to the grandiose environs of the old Bund.
At the north end of the Bund, Shanghai's famous waterfront, the area around the original British consulate has been renovated.
The Bund redevelopment project was awarded to Massachusetts-based firm Chan Krieger Sieniewicz, which also reworked the waterfronts in Detroit, Boston and Pittsburgh.
The centerpiece is a waterfront district known as the Bund, lined with majestic art deco buildings such as the newly restored Peace Hotel.
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When the projects are finished in 2015, visitors will be able to walk roughly 10km from the Bund over to the Expo site.
The moment that upended me came one sunny morning, near the centre of Srinagar, when Bealby led me around the colourful and aromatic shops along The Bund.
The Hongkou segment of the Bund was known in the past for its international tenants, like the Broadway Mansions Hotel and Russian Consulate.
One of the clearest examples of the Shanghai Deco style is the old Bank of China headquarters building next to the Peace Hotel on the Bund.
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Big enough to accommodate a couple of hundred dancers, the club boasts huge antique glass windows that look out on the colonial-era buildings dominating the Bund.
The next turn of the wheel can be seen in Mr. Wilson's Custom House, also on the Bund, begun after the HSBC building and completed in 1927.
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They've even let a new member into the club: The Peninsula Shanghai hotel, which bookends the northern curve of the Bund, was the first new building here in six decades.
Other modern citizens of the world crowd into Three on the Bund, a 1916 Beaux Arts building that has been gutted and redesigned into a glamorously minimalist space by Michael Graves.
The trip included visits to the forbidden city and great wall of China in Beijing, the terra cotta warrior museum in Xi An and the Bund and French Concession in Shanghai.
And the main thing that I have found is that there are three fairly small centers of the economy that are accounting for more than half of the bund line: lawyers, finance and real estate.
Positioned at Pudong's tip, the Oriental Pearl Tower was a cartoonish totem for China's race into modernity and an emphatic counterpoint to the Bund, a strip of colonial-era buildings on the opposite Puxi bank of the Huangpu River.
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Unlike the Bund of the late 19th and early 20th Century, which had a reputation for exclusivity, modern developments have made the historic waterfront more universally accessible, opening the area to a wider demographic and providing a natural centre to a modern city.
My room was not one of the spacious, oversized spaces I had peaked in on during my stop here 15 years earlier, but the high ceilings and large windows overlooking the rooftops of buildings along the Bund made it appear larger.
Shanghai's Pudong district, across the Huangpu river from the old foreign bank buildings on the Bund, shows just how serious China is: a Hong Kong-style skyline of towering buildings, including one housing the largest stockmarket trading-floor in the world, all of it built in just the past decade.
Even in Shanghai, where smoking incurs none of the opprobrium that it does in New York, tobacco advertising has been banned along the waterfront Bund, the city's equivalent of Times Square.
The hotel is in the tower-filled Pudong area, across the Huangpu River from the famous Bund, in the Lujiazu business district.
The June bund future saw gains accelerate leaving the contract 56 ticks higher on the session trading at 123.04.
The June bund surged to a session high of 121.20 slicing five pips off the 10-year yield to 3.38% while the two-year yield dipped to 1.84%.
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In contrast to Park 97, where concept reigns in absolute supremacy, in contrast to the lovely Shanghai Bund and to the zealous enthusiasm of Beijing, Shanghai eyes reflect some special images.
Of course, these yields are all viewed relative to the German bund, currently yielding 1.85%.
LIFFE, and has usurped its dominance of Europe's benchmark bond contract, the German bund future.
The most popular European government bond, the German bund, was being ditched by traders in droves on Friday.
Accoya is used around the world, from a velodrome in Tbilisi, to decking on the Shanghai Bund and Disney theme parks.
"It's not cheap, but the location is good, " she says of the apartment in a high-rise building in a residential district north of the Shanghai Bund.
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