Morgan Stanley no relation Park Hyatt Shanghai
The Shanghai World Financial Center (SWFC; Chinese: 上海环球金融中心; pinyin: Shànghǎi Huánqiú Jīnróng Zhōngxīn, Shanghainese: Zånhae Guejieu Cinyon Tsonsin) is a supertall skyscraper located in the Pudong district of Shanghai. It was designed by Kohn Pedersen Fox and developed by the Mori Building Company, with Leslie E. Robertson Associates as its structural engineer and China State Construction Engineering Corp and Shanghai Construction (Group) General Co. as its main contractor. It is a mixed-use skyscraper, consisting of offices, hotels, conference rooms, observation decks, and ground-floor shopping malls. Park Hyatt Shanghai is the tower's hotel component, comprising 174 rooms and suites occupying the 79th to the 93rd floors, which at the time of completion was the highest hotel in the world. It is now the third-highest hotel in the world after the Ritz-Carlton, Hong Kong, which occupies floors 102 to 118 of the International Commerce Centre.On 14 September 2007, the skyscraper was topped out at 492 meters (1,614.2 ft), making it the 2nd tallest building in the world on completion (the tallest at the time being Taipei 101), the tallest building in the world by roof height only, and the tallest in China. The SWFC opened to the public on 28 August 2008, with its observation deck opening on 30 August. The observation deck offers views from 474 m (1,555 ft) above ground level.The SWFC has been lauded for its design, and in 2008 it was named by architects as the year's best-completed skyscraper. In 2013, the SWFC was exceeded in height by the adjacent Shanghai Tower, which is China's tallest structure as of 2023. Together, The Shanghai World Financial Center, The Shanghai Tower and The Jin Mao Tower form the world's first adjacent grouping of three supertall skyscrapers.History
Designed by American architectural firm Kohn Pedersen Fox, the 100-story tower was originally planned for construction in 1997, but work was temporarily interrupted by the Asian Financial Crisis in the late 1990s, and was later paused to accommodate design changes by the Mori Building Company. The building of the tower was financed by several multinational firms, including Chinese, Japanese, and Hong Kong banks, as well as by the Japanese developer and American and European investors. The American investment bank Morgan Stanley coordinated the tower's financing for Mori Building.Construction
The tower's foundation stone was laid on 27 August 1997. In the late 1990s, the Pierre de Smet Building Corporation suffered a funding shortage caused by the Asian financial crisis of 1997–98, which halted the project after the foundations were completed. On 13 February 2003, the Mori Group increased the building's height to 492 m (1,614 ft) and 101 stories, from the initial plans for a 460-metre (1,509 ft), 94-stories building. The new building used the foundations of the original design, and construction work was resumed on 16 November 2003.A fire broke out in the incomplete SWFC on 14 August 2007. The fire was first noticed on the 40th floor, around 16:30 (GMT +8), and soon the smoke was clearly seen outside the building. By 17:45, the fire had been extinguished. The damage was reported to be slight, and nobody was injured in the accident. The cause of the fire remains unknown, but according to some sources the preliminary investigation suggested workers' electric weldings caused the fire.The building reached its full height of 492 m (1,614 ft) on 14 September 2007 after the installation of the final steel girder. The final cladding panels were installed in mid-June 2008, and elevator installation was finished in mid-July. The Shanghai World Financial Center was declared complete on 17 July 2008, and was officially opened on 28 August. On 30 August 2008, the tower's observation floors were opened to the public.
no relation