The 2,074-foot-tall Shanghai Tower, designed by Gensler, broke ground on Friday, November 28. The mixed-use glass-and-steel tower is slated to be the tallest building in China.
The Shanghai Tower project is moving full speed ahead, according to the architects. “The client understands that there are cycles in the market,” says Jun Xia, a principal in Gensler’s Shanghai office. “The client is confident in positioning this building as the first significant building in the new cycle when it is completed in 2014.”
The client, the Shanghai Tower Construction and Development Corporation, comprises three state-owned entities: a construction company, a commercial development company, and a development company that is heavily invested in urban infrastructure. Xia says that unlike speculative projects, “the funding is already there” for Shanghai Tower.
To read more about the Shanghai Tower, visit http://archrecord.construction.com/news/daily/archives/081201shanghai.asp
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