Shanghai IFC is located close to the Super Brand Mall and Shangri-La Hotel. It covers 65,000 square meters with 200,000 square meters of office space, a 90,000-square-meter shopping mall and a 90,000-square-meter hotel. It mainly comprises of high-grade hotels and office buildings designed in a twin–tower fashion.

The project began in April 2006 with a total investment of 7.67 billion yuan ($1.22 billion). It was developed by Shanghai Xinlu Real Estate Companies, owned by Hongkong Sun Hung Kai Properties. The HSBC building constructed in the first phase is 250 meters high. The north tower and hotels in the second phase of the project will be put into operation in 2012.