Busan Lotte Town Tower

The Busan Lotte World Tower is a skyscraper properties under construction freeze in the South Korean city of Busan. He is part of the entire complex Lotte Town. In 2011, a surrounding shopping center already opened.

The excavation of the site for the complex began on 18 December 2000, with the civil works of the tower was begun in the spring of 2011. The shopping center was completed in 2009 and opened in 2010. The completion of the tower is expected in 2015 and, according to some sources in 2016. The aim is to build a building higher than the Shanghai World Financial Center. First, when the building in Shanghai should be 460 meters high, a tower was planned with 465 meters height. After several years of building freeze at the Shanghai World Financial Center, it was clear that this will be now 492 feet high, the draft of the Busan Lotte Tower has been revised and is planning a 494 -meter-high skyscraper. After further revisions of the tower will be 510 meters high. He would surpass the Taipei 101 (508 meters). The tower will have 107 floors, which are used for hotel and office space.

After the excavation of the site of the actual construction of the tower end of the year 2011 began. In March 2012, first concreting the foundation were made. In September 2013, the work was stopped for economic reasons. A date for its resumption was not disclosed.

The building is not identical to the similar project namigen Lotte World Premium Tower in Seoul.

Construction works for the Busan Lotte Tower, August 2011

Civil works for the Busan Lotte Tower, August 2011