China starts construction on 'world's tallest building'
China has embarked on the construction of an 838-metre-tall building in Changsha that is billed as the “world’s tallest”.
Developer Broad Group on Saturday held a ground-breaking ceremony in the capital city of central province Hunan to start building the 208-storey tower, the Xiaoxiang Morning Herald newspaper reported on Sunday. Upon completion, the building would be about 10 metres taller than the Burj Khalifa in Dubai, currently the world’s tallest.
The Changsha project, carried out by China Construction Fifth Building, is expected to be completed in April 2014, said Zhang Yue, founder and chairman of the Broad Group. It was slated to open in May or June next year.
The skycraper will contain a total area of 1.05 million square metres and will cost a whopping 5.2 billion yuan (HK$6.5 billion) to build, government-run news portal voc.com.cn reported.
Named “Sky City”, the mega building is designed to house various public facilities so the “building can serve as a city”, the developer said. It would house schools, an elderly care centre, hospital, offices in lower levels, while apartments and hotels would make up the upper levels.
Changsha-based technology enterprise Broad Group was founded in 1988. Its products include energy-saving electronic equipment and quake-proof construction materials.
China is home to five of the world's top-10 tallest buildings, according to a list in Forbes magazine last year.