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scalziand Mar 31, 2014 4:20 PM

Lotte wants to get permission to convert some of the offices planned for this tower into residences, but the city is refusing to approve the change. Lotte apparently doesn't see a full office tower here as viable given the market. Until the market changes or they get approval for apartments, the tower isn't going up.

P2000 Aug 30, 2014 3:22 PM


toxteth o'grady Aug 30, 2014 11:53 PM

Sign at the base says "Do Not Open Until Christmas.":haha:

P2000 Aug 31, 2014 9:12 AM

:haha: :haha: :haha:
Busan present for Christmas! :cheers:
Now is time to restart the tower, because the mall is completed and a covered hole is ugly.

Pete8680 Jul 24, 2015 5:05 PM

Any thing to report?

toxteth o'grady Aug 5, 2015 6:00 PM

I'm a year older.

scalziand Aug 6, 2015 6:54 PM

Breaking news is that they're painting the drywall in the basement. (I'm only half joking)

Urbannizer Jun 19, 2019 5:52 AM

New Vertical Park Planned as Construction of Lotte Tower In Gwangbok-dong to Resume

*Jan, 2019


The construction of the Busan Lotte Tower will soon resume in Gwangbok-dong, Jung district following ten years of slow progress since 2009.

Busan city and the Lotte Group have announced their decision to build the new Busan Lotte Tower as a representative tourist landmark for the redevelopment area of North Port.

450 billion won will be invested in the new Busan Lotte Tower.

It will be 380 meters tall and built on a site some 86 thousand square meters in size.

The tower will have high-rise arboretums that will be the first in the world to be built 200 meters above ground.

Visitors will be able to enjoy the floating forests in downtown Busan while also getting a view of the ocean.

The newly planned tower will have the world’s first public arboretum built on high floors, creating a space for viewing the sea from the high forests.

There are six themed gardens in the public arboretum, including the ‘City’s Memory Garden’ filled with native plants to Busan.

In the middle floors, there will be an entertainment space such as a high-tech skywalk and a rock climbing facility.

The lower floors are expected to revitalize the center of the downtown area, including public facilities such as a public information center in Busan, a business support center, kids’ theme parks, and various cultural and experience facilities.

The Lotte Group was originally planning to build a Lotte Tower in the form of a mammoth-class skyscraper, consisting of condominiums, hotels, offices, and observation decks.

However, the attempt to introduce a residential facility failed to achieve its goal, and eventually, the business plan was fully revised.

The project is expected to cost 450 billion won with construction to begin in October after detailed design, licensing and licensing procedures.

The completion date is December 2022.

Design-mind Aug 12, 2019 12:24 AM

It is great to see this get started again, but imho I would say the original design was a lot more appealing.

aquablue Jan 28, 2020 4:11 AM

The original was more robust lookin, but this one at least is creative and not dull. Korea does a nice tower, they have some intereting ideas. This one is no exception.

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