Situated in Lujiazui Central Green Land and to the north side of Jinmao Tower, the building of Lujiazui Development Museum used to belong to a businessmen and was one of the largest private residences in Shanghai of its time, covering an area of over 3000 tetragon meters and having a total floor space of 2765 square meters. Construction on it begun as early as 1914 and was completed in 1917. Absorbing into it some western architectural characters, the finely constructed building combines Chinese and Western architectural flavor and reflects the architect's ingenuity and hard work. 

During the Anti-Japanese War (1937-1945), it once served as the police commands for the Japanese army and the puppet army, and later was confiscated by the government after the city of Shanghai was liberated. Regrettably, part of the delicate wood carving in the house was destroyed during the Cultural Revolution. This old building on No.160, Lujiazui Road was luckily reserved in the house-removing project of 1996 and later was renovated into Lujiazui Development Museum. It is hoped that the museum together with the folk-custom exhibition in it can help people better understand the past, the present and the future of Lujiazui area.