World's Most Expensive Building Being Built In Seoul
Source: http://english.chosun.com
#tower #southkorea #seoul #skyscrapers #record #construction #architecture
As reported by english.chosen.com, this week construction began on the Yongsan Landmark Tower, which is expected to be the most expensive building in the world once it is completed, standing 100 stories tall and rising half a kilometer into the sky. The tower is scheduled to be completed by the end of 2016.
Scheduled to be built in Seoul, inside the international business district in Yongsan, the tower will not quite measure up to the Burj Khalifa in Dubai (162 stories, 828 meters) or the Lotte Super Tower being built in Jamsil (123 stories, 555 meter), but it will be the most expensive building per square unit.
At present, each 1 square meter costs around US$ 3,150. The total construction cost is US$ 1.2 billion and the entire price tag for the building, including the land, stands at more than US$ 3.4 billion. It is more expensive than the Burj Khalifa, which cost around US$ 3,000 million per 1 square meter and costs 40 percent more than the Samsung Group headquarters in Seocho-dong, which cost US$ 2,400 per 1 square meter. Design alterations and the use of more high-tech materials could bump the price tag up further.
The skyscraper will be packed with cutting-edge equipment and facilities. The structure was designed by renowned architect Renzo Piano, who created the Pompidou Center in Paris and London Bridge Tower.
Samsung Corporation, which also served as the main contractor on the Burj Khalifa and Taipei 101 (101 stories, 508 meters), the latter in Taiwan, will build the new architectural landmark in Yongsan.
It will house the offices of global businesses and will offer a wide range of high-tech functions. First of all, the skyscraper will be equipped with the fastest elevators in the world that travel at 800 meters per minute, more than six times faster than the lifts installed in high-rise condominiums in Korea (120 m/min).
In order to withstand the staggering weight of 100 stories of steel and concrete, ultra-high intensity concrete will be used to build the skyscraper, capable of supporting up to 800 kg per square cm.
Scheduled to be built in Seoul, inside the international business district in Yongsan, the tower will not quite measure up to the Burj Khalifa in Dubai (162 stories, 828 meters) or the Lotte Super Tower being built in Jamsil (123 stories, 555 meter), but it will be the most expensive building per square unit.
At present, each 1 square meter costs around US$ 3,150. The total construction cost is US$ 1.2 billion and the entire price tag for the building, including the land, stands at more than US$ 3.4 billion. It is more expensive than the Burj Khalifa, which cost around US$ 3,000 million per 1 square meter and costs 40 percent more than the Samsung Group headquarters in Seocho-dong, which cost US$ 2,400 per 1 square meter. Design alterations and the use of more high-tech materials could bump the price tag up further.
The skyscraper will be packed with cutting-edge equipment and facilities. The structure was designed by renowned architect Renzo Piano, who created the Pompidou Center in Paris and London Bridge Tower.
Samsung Corporation, which also served as the main contractor on the Burj Khalifa and Taipei 101 (101 stories, 508 meters), the latter in Taiwan, will build the new architectural landmark in Yongsan.
It will house the offices of global businesses and will offer a wide range of high-tech functions. First of all, the skyscraper will be equipped with the fastest elevators in the world that travel at 800 meters per minute, more than six times faster than the lifts installed in high-rise condominiums in Korea (120 m/min).
In order to withstand the staggering weight of 100 stories of steel and concrete, ultra-high intensity concrete will be used to build the skyscraper, capable of supporting up to 800 kg per square cm.
