The Pearl

471 Zhapu Lu, near Wujin Lu 乍浦路471号, 近武进路

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This historic theater way up in Hongkou was once a temp, then it was Chinatown, now it's available for events and the odd piece of theater. It's a really beautiful old space with a gallery and boxes, very traditional but hip, too. It's a bit out of the way, but don't let that put you off if there's something going on here, it's good to head out to this often-overlooked part of town. Lots of inexpensive Chinese restaurants on the same street, too.