This paper is supported by two funding projects:
Project 52378024 supported by the National Natural Science Foundation of China
Project 2024A1515010839 supported by the Natural Science Foundation of Guangdong Province

Abstract:
This article explores the role of municipal authority and real estate company in developing and
managing small exhibition spaces within the public-private partnership framework in Nantou
Ancient Town as a strategy for urban development through cultural heritage. It examines the
planning structure and architectural design of these spaces. Nantou Ancient Town, a historical and
cultural landmark in Shenzhen, also has the status of an ‘urban village'. The system of small
exhibition spaces, initiated by the Nanshan Museum in 2004 and expanded in 2019–2020 through
a rehabilitation project involving Vanke Group (private) and supported by the Nanshan Museum
(public), has become integral to preserving cultural heritage and enhancing the socio-cultural
functions of Nantou. This public-private collaboration created a new model for the adaptive reuse
of historic and emerging heritage of Shenzhen, that provides free cultural services, as well as
benefits for both: the public and private partners. The decentralized layout of these exhibition
spaces, scattered along the main streets, integrates harmoniously into the informally built
architectural ensemble of Nantou, with their architectural styles reflecting the diverse historical
periods of the past century.

Keywords: exhibition spaces, public-private partnership, management strategy, Nantou Ancient
Town, urban village, cultural heritage