Construction began Tuesday 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.
Scheduled to be built inside the international business district in Yongsan, the tower will not quite measure up to the Burj Khalifa in Dubai (162 stories, 828 m) or the Lotte Super Tower being built in Jamsil (123 stories, 555 m), but it will be the most expensive building per square unit.
At present, each 3.3 sq.m costs around W12.1 million (US$1=W1,167). The total construction cost is W1.4 trillion and the entire price tag for the building, including the land, stands at more than W4 trillion.
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 second, more than six times faster than the lifts installed in high-rise condominiums in Korea (120 m/s).
Source.
800m/s, whoot!?
Scheduled to be built inside the international business district in Yongsan, the tower will not quite measure up to the Burj Khalifa in Dubai (162 stories, 828 m) or the Lotte Super Tower being built in Jamsil (123 stories, 555 m), but it will be the most expensive building per square unit.
At present, each 3.3 sq.m costs around W12.1 million (US$1=W1,167). The total construction cost is W1.4 trillion and the entire price tag for the building, including the land, stands at more than W4 trillion.
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 second, more than six times faster than the lifts installed in high-rise condominiums in Korea (120 m/s).
Source.
800m/s, whoot!?