Busan Lotte Town Tower

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Not to be confused with Lotte World Tower.
Busan Lotte Town Tower
Busan Lotte World.jpg
Planned of the Busan Lotte World every past the Towers.
General information
Status On hold[1]
Type Office, hotel, residential
Location Busan, South Korea
Coordinates 35°05′51″N 129°02′14″E / 35.097457°N 129.037213°E / 35.097457; 129.037213Coordinates: 35°05′51″N 129°02′14″E / 35.097457°N 129.037213°E / 35.097457; 129.037213
Construction started 9 March 2009 Restart in 2018
Estimated completion 2021
Opening Postponed
Owner Lotte Shopping Co. Ltd
Height
Roof 399.4 m (1,310 ft)
Technical details
Floor count 107
Floor area 255,146 m2 (2,746,370 sq ft)
Design and construction
Architect Skidmore, Owings and Merrill
Structural engineer Skidmore, Owings and Merrill
References
[2][3]

The Busan Lotte Town Tower, also known as Busan Lotte World Tower is a 108-floor, 510.1 m (1,674 ft) supertall skyscraper under construction in Busan, South Korea. The tower is planned on a site next to Nampo-dong station on Busan Subway Line 1 and completion is expected in December 2019.[1][2]

The tower is the centerpiece of the new Busan Lotte Town and construction is being carried in four phases. The first phase includes a department store, completed in 2009. The second phase, an addition to the department store, was completed in 2010. The third phase will be a market and a cinema, which was completed in 2014, and the last phase will include a luxury hotel, an observation deck, offices, and cultural facilities in a 107 story skyscraper.[4] The design of the skyscraper is designed to resemble a standing ship, in reference to the city's harbour.[4] The tower's underground parking space will be able to house over 2,400 cars. the tower will contain retail outlets (floors 1-8), offices (9-58), residences (59-81), a luxury hotel (82-105), and public access floors (106-108) with an observation deck.

In September 2013 the construction work was stopped due to the lack of funding.

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