The development of Songjiang University Town is a strategic initiative to meet the requirement of university expansion and to promote urbanization of Songjiang New City. Various coalitions have been formed between the universities, governments and enterprises for the planning, construction and management of the university town. Although sharing and interaction are regarded as the core value of the university town, there was a huge gap between the ideal and the reality. The most obvious impact that the university town exerted on the city was the fast capital accumulation through real estate development along with the spatial and socio-economic restructuring of its hosting areas.