SHANGHAI-Ritz-Carlton Hotel Co. LLC has opened up a second hotelhere in the $1-billion mixed-use Shanghai IFC complex in the Pudongdistrict. The hotel is operating out of the top 18 floors of the53-story South Tower, where HSBC this month moved its new Chinaheadquarters into 22 floors.

Architect Cesar Pelli designed the more than3.5-million-square-foot complex, which will include the two officetowers, a retail mall, the Ritz-Carlton and multifamily. The NorthTower is expected to be complete by next year. Savills China is theleasing agent for the complex.

Sun Hung Kai Properties developed and will own the hotel. Thesizes of the 285 rooms vary from 500 to 4,000 square feet,according to a Ritz-Carlton statement. The property also includesmore than 25,000 square feet of meeting and conference space, withan 11,000-square-foot ballroom.