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The Financial Tower (Ho Chi Minh City)
Encyclopedia
Bitexco Financial Tower is a skyscraper in Ho Chi Minh City
, Vietnam, owned by Bitexco Group, a Vietnamese company. With 68 floors above ground and three basements, the building has a height of 262.5 metres (861.2 ft), making it the 124th tallest building in the world. It was designed by Carlos Zapata Studio, and is located in the business district of the city. The tower was the tallest building in Vietnam from 2010 to early 2011 when Keangnam Hanoi Landmark Tower
topped out on 24 January 2011.
was held in September 2005. Two years later, in June 2007, construction of the tower started and was scheduled to be completed in mid-2009. The tower, however, topped out in mid-2010 and had its inauguration ceremony on 31 October 2010.
s that can reach any position and any floor in the building within 45 seconds. When the building comes into operation, about 10,000 people will work there. Because of its size, the project is designed with three basements covering 33000 square metres (355,209 sq ft) for parking and for equipment for the building's operation. The tower is located on an area of 6000 square metres (64,583.5 sq ft) with the floor area of over 100000 sqm. Total estimated cost of this project is more than US$220 million. With the completion, Bitexco Financial Tower is the tallest building in Ho Chi Minh City, reaching 262.5 metres (861.2 ft) in height. The tallest building in Vietnam will still be the Keangnam Hanoi Landmark Tower
at 336 metres (1,102.4 ft). The tower is mostly made of steel and glass and shaped as a lotus petal. The lotus is considered a symbol of Vietnamese culture.
is also located on the 49th floor, below the helipad. At this height, visitors can see 360° view
of the city. Visitors have to buy tickets before they enter this floor. Each ticket costs 200,000 VND (about 10 USD).
in particular and dynamic economic development of Vietnam in general, the construction of office buildings in Ho Chi Minh City
has been rapid. Bitexco Financial Tower will help to ease the demand for office space in this city. The unit price of prime grade offices now in Ho Chi Minh City
is $34 to $36 monthly, depending on the location. Foreign and domestic enterprises have invested significantly in the constructions of high-rise buildings in Vietnam. Before 1995, the downtown of Ho Chi Minh City
featured French Colonial
low-lying buildings. Since then, the city has seen a dramatic increase in high-rise buildings as the country has gained 8-8.5% annual GDP growth rate. Ho Chi Minh City, the country's economic hub, has achieved 12% GDP growth rate.
Ho Chi Minh City
Ho Chi Minh City , formerly named Saigon is the largest city in Vietnam...
, Vietnam, owned by Bitexco Group, a Vietnamese company. With 68 floors above ground and three basements, the building has a height of 262.5 metres (861.2 ft), making it the 124th tallest building in the world. It was designed by Carlos Zapata Studio, and is located in the business district of the city. The tower was the tallest building in Vietnam from 2010 to early 2011 when Keangnam Hanoi Landmark Tower
Keangnam Hanoi Landmark Tower
Keangnam Hanoi Landmark Tower is a supertall skyscraper under construction in Pham Hung Boulevard, Cau Giay district, Hanoi, Vietnam. The area is reserved for big companies to set up their headquarters there such as Agribank and VNPT...
topped out on 24 January 2011.
History
The groundbreaking ceremonyGroundbreaking
Groundbreaking, also known as cutting, sod-cutting, turning the first sod or a sod-turning ceremony, is a traditional ceremony in many cultures that celebrates the first day of construction for a building or other project. Such ceremonies are often attended by dignitaries such as politicians and...
was held in September 2005. Two years later, in June 2007, construction of the tower started and was scheduled to be completed in mid-2009. The tower, however, topped out in mid-2010 and had its inauguration ceremony on 31 October 2010.
Highlights
Bitexco Financial Tower has more than 16 elevatorElevator
An elevator is a type of vertical transport equipment that efficiently moves people or goods between floors of a building, vessel or other structures...
s that can reach any position and any floor in the building within 45 seconds. When the building comes into operation, about 10,000 people will work there. Because of its size, the project is designed with three basements covering 33000 square metres (355,209 sq ft) for parking and for equipment for the building's operation. The tower is located on an area of 6000 square metres (64,583.5 sq ft) with the floor area of over 100000 sqm. Total estimated cost of this project is more than US$220 million. With the completion, Bitexco Financial Tower is the tallest building in Ho Chi Minh City, reaching 262.5 metres (861.2 ft) in height. The tallest building in Vietnam will still be the Keangnam Hanoi Landmark Tower
Keangnam Hanoi Landmark Tower
Keangnam Hanoi Landmark Tower is a supertall skyscraper under construction in Pham Hung Boulevard, Cau Giay district, Hanoi, Vietnam. The area is reserved for big companies to set up their headquarters there such as Agribank and VNPT...
at 336 metres (1,102.4 ft). The tower is mostly made of steel and glass and shaped as a lotus petal. The lotus is considered a symbol of Vietnamese culture.
Facilities
A helipad is located on the 50th floor at the height of 191 metres (626.6 ft) from the ground. This helipad is a unique feature of the tower, reaching out from the tower itself. An observation deckObservation deck
__FORCETOC__ An observation deck, observation platform or viewing platform is an elevated sightseeing platform usually situated upon a tall architectural structure such as a skyscraper or observation tower...
is also located on the 49th floor, below the helipad. At this height, visitors can see 360° view
Panorama
A panorama is any wide-angle view or representation of a physical space, whether in painting, drawing, photography, film/video, or a three-dimensional model....
of the city. Visitors have to buy tickets before they enter this floor. Each ticket costs 200,000 VND (about 10 USD).
Floor plan
| Floor | Purpose |
|---|---|
| Basement 1–3 | Parking |
| Floor 1–6 | Retail |
| Floor 7–47 | Office |
| Floor 48–50 | Restaurant Observation deck (Floor 47) |
| Floor 51–63 | Office Convention center (Floor 61–63) |
| Floor 64–68 | Mechanical |
Office demand in Ho Chi Minh City
Due to the rapid two-digit growth of Ho Chi Minh CityHo Chi Minh City
Ho Chi Minh City , formerly named Saigon is the largest city in Vietnam...
in particular and dynamic economic development of Vietnam in general, the construction of office buildings in Ho Chi Minh City
Ho Chi Minh City
Ho Chi Minh City , formerly named Saigon is the largest city in Vietnam...
has been rapid. Bitexco Financial Tower will help to ease the demand for office space in this city. The unit price of prime grade offices now in Ho Chi Minh City
Ho Chi Minh City
Ho Chi Minh City , formerly named Saigon is the largest city in Vietnam...
is $34 to $36 monthly, depending on the location. Foreign and domestic enterprises have invested significantly in the constructions of high-rise buildings in Vietnam. Before 1995, the downtown of Ho Chi Minh City
Ho Chi Minh City
Ho Chi Minh City , formerly named Saigon is the largest city in Vietnam...
featured French Colonial
French Colonial
French Colonial a style of architecture used by the French during colonization. Many French colonies, especially those in South-East Asia, have previously been reluctant to promote their colonial architecture as an asset for tourism, however in recent times, the new-generation of local authorities...
low-lying buildings. Since then, the city has seen a dramatic increase in high-rise buildings as the country has gained 8-8.5% annual GDP growth rate. Ho Chi Minh City, the country's economic hub, has achieved 12% GDP growth rate.
External links
- http://www.realestatejournal.com/columnists_com/blueprint/20070301-blueprint.html
- About the project but the information is not updated as the investor has changed the design
- Bitexco Vertical Run
- article on Asia Times Online
- View of Saigon Skyline from Bitexco Building