Beidou Village is the most famous urban redevelopment area in the New City District of Haizhou City.
Beidou Village is located in the northwest corner of Haizhou City and is under the jurisdiction of the New City District.
Starting five years ago, Beidou Village began the urban village redevelopment process, and one-third has been completed so far.
Urban village redevelopment has always been accompanied by myths of sudden wealth.
Many people have transformed from paupers to billionaires because of a single demolition.
From life's losers to the biggest winners.
According to the plan, the redevelopment of Beidou Village should have been completed three years ago.
But due to various reasons like funding shortages and disagreements over compensation, the demolition and redevelopment of Beitu Village have been repeatedly delayed.
So far, only one-third of the households have been relocated, and nearly 2,000 families, or two-thirds, still reside here.
