Shanghai Tower, China?s tallest skyscraper and the world?s second highest, marked a big step toward its finish today with the placing of its last steel beam in a topping-off ceremony.
The 125-floor structure stands in the heart of the city?s Lujiazui financial district, home of the Shanghai Stock Exchange and numerous global financial institutions with operations in the city including HSBC. Construction first began in November 2008.???
The area is dotted with buildings developed or controlled by the world?s wealthiest Chinese, including the Shanghai IFC?( SHK Properities ? Hong Kong?s Kwok family),? Aurora Plaza (Aurora Group ? Taiwan billionaire Chen Yung-Tai) and the? Super Brand Mall (Chareon Pokphand Group ? Thailand?s Dhanin Chearavont).
Set in an eastern side of Shanghai that was a backwater until China?s economic reformed started to kick in the city in the 1990s, Shanghai Tower was designed by U.S. architecture firm Gensler, whose founder Art Gensler attended today?s ceremony.
Government-led developer, Shanghai Tower Construction & Development, ?is owned by Shanghai Chengtou Holding, Shanghai Lujiazui Finance & Trade Zone Development and Shanghai Construction Shanghai Construction Group.???
Set to open in 2015, Shanghai Tower will include a five-star hotel ? the J Hotel ? run by another Chinese government-controlled entity, the Jinjiang International Hotel Group.
The new tower connects by underpass to Shanghai?s two other tallest buildings ? Jin Mao Tower and the Shanghai World Trade Center, forming an iconic image of China?s current era of prosperity.
?? Follow me on Twitter @rflannerychina
Good weather allowed for great photos at today's topping-off ceremony at the 125-floor Shanghai Tower.
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