No, a shortcut wouldn't work. That is actually a special file.
However, what would work is .... a soft link 
Yes, Windows NTFS filing system has always supported soft and hard links. There are commands to create them but there is also a handy piece of software that lets you create and change them from Windows explorer as well.
In Windows you also have another option called a "Junction". This actually behaves like a "hard link" rather than a soft link and you need to be careful with it because if someone deletes the junction, it will actually delete the original folder. Soft links are safer because deleting the link only deletes the link, the original is left alone. The other advantage of soft links is that they work across filing system boundaries - e.g. from 1 physical drive to another.
