New buildings pictures: Shanghai Tower – new tallest skyscraper

Construction projects are grinding to a halt as financing runs dry elsewhere in the world, but in China’s biggest city, they’re still going strong. On November, 29th Shanghai officially begins work on its tallest skyscraper - a 632-meter (2,073-foot) tower in the city’s Lujiazui financial center that will tower over the current highest building, the recently completed 1,614-foot Shanghai World Financial Center. Work on Shanghai Tower will cost approx. $2.2 billion and is expected to be completed in 2014. The 121-floor, glass-and-steel tower will include offices, retail space, a hotel and cultural facilities. Designers said it would be one of China’s greenest skyscrapers - its spiral shape would minimize wind resistance and energy consumption, and the top of the building would house 54 wind turbines.

Though China’s economy is slowing and exporters are feeling the pinch, the sinuous glass building, to be called the Shanghai Tower, is one of a slew of government-funded projects that authorities are using to stimulate growth and create jobs. “Launching construction at this time will help boost Shanghai’s confidence in fighting the financial crisis,” Gu Jianping, manager of city-owned Shanghai Tower Construction & Development Co., declared to reporters.
Tags: new buildings pictures, luxury goods, most expensive

Via:  statesman