Xinfu Market was established in 1935, and has been designated as the historical site of Taipei City in 2006. Once restored by Taipei City Market Administration Office, JUT GROUP gains 9-year right of management and renews the design of the market. JUT foundation is entrusted to manage the market and let it to be part of its Project UrbanCore. From 2017 on, U-mkt—named after the distinct U-shaped form of Xinfu Market—has been endowed with the honor to be the base for the studies of traditional market culture and everyday life, and the platform to boost up the public participation concerning rebirth of old town.