Busan Lotte Town Tower

The Busan Lotte Town Tower, also known as Busan Lotte World Tower (Hangul: 부산 롯데 타운 타워) is a 108-floor, 510.1 m (1,674 ft) supertall skyscraper on hold in Busan, South Korea. The tower is planned on a site next to Nampo-dong station on Busan Subway Line 1 .[3][1]

Not to be confused with Lotte World Tower.
Busan Lotte Town Tower
General information
StatusUnder construction
TypeOffice, hotel, residential
LocationBusan, South Korea
Coordinates35°05′51.06″N 129°02′14.34″E
Groundbreaking17 December 2001 (2001-12-17) (Oldest: Lotte World 2 Tower)
26 February 2005 (2005-02-26) (First Before Old: Busan Lotte Tower)
9 March 2009 (2009-03-09) (First After Old: Busan Lotte Tower)
Construction started17 October 2010 (2010-10-17) (Second Before Old: Busan lotte Tower)
29 April 2011 (2011-04-29) (Second After Old: Busan lotte Tower)
2023 (2023) (Buildings Newest: Lotte Town Tower)
Completed2028
OwnerLotte Shopping Co. Ltd
Height
Antenna spire341.9 m (1,122 ft)
Roof301 m (988 ft)
Technical details
Floor count85
Floor area255,146 m2 (2,746,370 sq ft)
Lifts/elevators5
Design and construction
Architect(s)Skidmore, Owings and Merrill
Structural engineerSkidmore, Owings and Merrill
References
[1][2]
Will become the tallest building in Busan.

The tower is the centerpiece of the new Busan Lotte Town and construction is being carried out in four phases. The first phase includes a department store, completed in 2009. During 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 intended 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 1–11), offices (12-36), residences (41-78), a luxury hotel (82-104), and public access floors (107-110) with an observation deck.

In September 2013, the construction work was stopped due to the lack of funding. As of August 2023, construction has resumed, with the facility now being estimated to be complete by 2025.

Floor Plans
Floors Use
107-110 Observation Deck
82-104 Lotte Town Hotel
41-78 Residence
12-36 Offices
1-11 Prime Outlets
B1-B5 Parking lot
  • Under construction, August 2011
    Under construction, August 2011

See also

References
  1. "Busan Lotte Town Tower". CTBUH. Retrieved 2021-01-27.
  2. "Busan Lotte World Tower". Emporis. Archived from the original on September 26, 2004. Retrieved 2013-01-14.
  3. ":: 공감언론 뉴시스통신사 ::". 28 December 2016.
  4. "Two lofty towers, Busan Lotte World at 107 stories and the World Business Center at 106, are planned in Busan". Busan Metropolitan City. Archived from the original on 2011-06-11. Retrieved 2009-12-21.


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