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Case 19: Shanghai World Financial Center

In: Project Finance

Author

Listed:
  • B Rajesh Kumar

    (Institute of Management Technology)

Abstract

The Shanghai World Financial Center (SWFC) is one of the tallest mixed use skyscraper in the World. The tower is built in the Pudong district of Shanghai. The construction took 11 years for completion. It was designed by the American architectural firm Kohn Pedersen Fox Associates of New York. The building was inaugurated in the year 2008. During its completion period, it was the second highest building after the Taipei 101 financial center building in Taiwan. Shanghai World Financial Center has 101 stories and reaches a height of 1614 ft (492 m). SWFC ranks second in Shanghai in terms of height and fifth in Mainland China after Shanghai Tower, Shenzhen Ping—an International Finance Center, Tianjin Golden 117 Tower, Guangzhou Chow Tai Fook Center. SWFC is the tenth tallest building in the world in terms of standard height. The developer Mori Group is the owner of the SWFC. SWFC is located very close to Jin Mao Tower. The most significant feature of the design is that the huge trapeziform aperture on the top portion is used to lessen the impact of wind pressure. The building has a total of 380,000 square meters of floor areas and can accommodate 20,000 people. The design life of the tower is expected to be 50 years.

Suggested Citation

  • B Rajesh Kumar, 2022. "Case 19: Shanghai World Financial Center," Management for Professionals, in: Project Finance, chapter 23, pages 195-197, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-030-96725-3_23
    DOI: 10.1007/978-3-030-96725-3_23
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