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Shanghai World Financial Center SWFC / 上海环球金融中心 / 上海環球金融中心
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The Shanghai World Financial Center is a supertall skyscraper under construction in Shanghai, China. It is a mixed use skyscraper which will consist of office spaces, hotel rooms, conference rooms, observation decks and shops on the ground floors. The hotel component will open with 175 rooms and suites in mid-2008 as the Park Hyatt Shanghai. On September 14, 2007 the skyscraper was topped out at 492 metres (1,614 ft) and became the tallest structure on the Chinese mainland, as well as the world's second tallest skyscraper (not counting buildings that have not topped out). Designed by Kohn Pedersen Fox, the 101-story tower was originally planned for construction in 1997, but work was temporarily interrupted by the Asian Financial Crisis in the late 1990s and later to accommodate design changes by the developer. The building of the tower is financed by several multinational firms, including Japanese, Chinese, and Hong Kong banks, as well as by the Japanese developer and as-yet unnamed American and European investors. American investment bank Morgan Stanley is coordinating the financing for Mori Building.
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