| Busan Lotte Town Tower | |
|---|---|
 Construction site of Busan Lotte Town Tower in 2011 | |
 | |
| General information | |
| Status | Under construction |
| Type | Office, hotel, residential |
| Location | Busan, South Korea |
| Coordinates | 35°05′51.06″N 129°02′14.34″E / 35.0975167°N 129.0373167°E |
| Groundbreaking | 17 December 2001 (Oldest: Lotte World 2 Tower) 26 February 2005 (First Before Old: Busan Lotte Tower) 9 March 2009 (First After Old: Busan Lotte Tower) |
| Construction started | 17 October 2010 (Second Before Old: Busan lotte Tower) 29 April 2011 (Second After Old: Busan lotte Tower) 2023 (Buildings Newest: Lotte Town Tower) |
| Completed | 2028 |
| Owner | Lotte Shopping Co. Ltd |
| Height | |
| Antenna spire | 341.9 m (1,122 ft) |
| Roof | 301 m (988 ft) |
| Technical details | |
| Floor count | 85 |
| Floor area | 255,146 m2 (2,746,370 sq ft) |
| Lifts/elevators | 5 |
| Design and construction | |
| Architect(s) | Skidmore, Owings and Merrill |
| Structural engineer | Skidmore, Owings and Merrill |
| References | |
| [1][2] | |
The Busan Lotte Town Tower, also known as Busan Lotte World Tower (Korean: 부산 롯데 타운 타워) is a 108-floor, 510.1 m (1,674 ft) supertall skyscraper on hold in Busan, South Korea. The tower is planned on a site next to Nampo-dong station on Busan Subway Line 1 .[3][1]
The tower is the centerpiece of the new Busan Lotte Town and construction is being carried out in four phases. The first phase includes a department store, completed in 2009. During the second phase, an addition to the department store was completed in 2010. The third phase will be a market and a cinema, which was completed in 2014, and the last phase will include a luxury hotel, an observation deck, offices, and cultural facilities in a 107-story skyscraper.[4] The design of the skyscraper is intended to resemble a standing ship, in reference to the city's harbour.[4] The tower's underground parking space will be able to house over 2,400 cars. The tower will contain retail outlets (floors 1–11), offices (12-36), residences (41-78), a luxury hotel (82-104), and public access floors (107-110) with an observation deck.
In September 2013, the construction work was stopped due to the lack of funding. As of August 2023, construction has resumed, with the facility now being estimated to be complete by 2025.
