JAKARTA | Signature Tower Jakarta | 638m | 2093ft | 111 fl | Pro

[KillerZavatar]

interesting article, it is interesting to also read critical opinions about such a development. but i am positive that we will see this tower starting to rise sooner or later x)

[erbse]

Originally Posted by KillerZavatar

to rise faster or later x)

Sooner or later, otherwise that expression sounds rather strange


I got some question: What was the twin of this tower again? I remember a "clone design" of the Signature Tower, it must have been somewhere in the United States, perhaps Nebraska. Anyone who knows what I'm talking about? Thanks.

[dochan]

the 'clone' youre talking about has the same name... Signature Tower, Nashville, Tannessee

[HK999]

Same old, same old. There are only a few cities in the world which could really support a megatall (HK, NY, Tokyo,...). Those cities already have a sea of skyscrapers and are superdense. Jakarta has a few 200m+ skyscraper and no supertall, yet they shoot for a 600m+ monster.

Don't get me wrong here, I'm not judging. As a skyscraper enthusiast I welcome every megatall. But it would be nice to have some balance in the skyline before aiming so high. The tower as it is planned now, is nothing but dick waving.

I'm still waiting for city which builds a megatall out of demand and out of necessity (f.e. no / spare space). HK and NY are hot candidates.

[dajumper]

Originally Posted by HK999

Same old, same old. There are only a few cities in the world which could really support a megatall (HK, NY, Tokyo,...). Those cities already have a sea of skyscrapers and are superdense. Jakarta has a few 200m+ skyscraper and no supertall, yet they shoot for a 600m+ monster.

Don't get me wrong here, I'm not judging. As a skyscraper enthusiast I welcome every megatall. But it would be nice to have some balance in the skyline before aiming so high. The tower as it is planned now, is nothing but dick waving.

I'm still waiting for city which builds a megatall out of demand and out of necessity (f.e. no / spare space). HK and NY are hot candidates.

Are you referring to Taipei as an example?

[KillerZavatar]

Originally Posted by dajumper

Are you referring to Taipei as an example?

megatall = +600m

Also Taipei 101 wasn't build out of demand at all, it's a pretty stand alone tower, that was there to give the city and country attention, and it surely went out pretty well for the city.

[BE0GRAD]

Resembles that tower in Shanghai but it's nice nevertheless.

[Pembunuh Waktu]

signature tower jakarta

[Ngiks]

Rabu, 23/05/2012 14:27 WIB
Gedung Tertinggi Tomy Winata Dilengkapi 290 Kamar Hotel Super Mewah
Wahyu Daniel - detikFinance


Jakarta - Bakal gedung tertinggi di Indonesia, The Signature Tower setinggi 638 meter, 111 lantai di SCBD, Jakarta akan dilengkapi hotel super mewah di 20 lantai teratasnya.

Hotel super mewah itu akan langsung dikelola oleh MGM Hospitality yang merupakan pengelola hotel terbesar di dunia yaitu MGM Grand, Las Vegas, AS.

"MGM Hospitality, sebagai pemilik, pengelola dan operator 'high-end hotels' dan convention centers yang ternama di dunia, akan mengelola dan mengoperasikan hotel-hotel dan convention center yang ada di dalam Kompleks Signature Tower. MGM Hospitality, dengan menggunakan 'brand' prestisiusnya yaitu Bellagio Hotel akan mengelola 290 kamar hotel supermewah di 20 lantai-lantai teratas dari Signature Tower," jelas PT Danayasa Arthatama Tbk dalam keterangan tertulisnya, Rabu (23/5/2012)

Selain itu, MGM Hospitality juga akan mengelola dan mengoperasikan 350 kamar hotel dan service apartemen di menara Selatan dalam Kompleks Signature Tower dengan menggunakan 'brand' prestisiusnya yang lain, yaitu MGM Grand. MGM Grand Hotel & Service Apartment ini terkoneksi dengan Signature Tower melalui podium 9 lantai untuk retail dan Convention Center berkelas dunia.

MGM Convention Center Jakarta seluas 15.000 m2 juga dirancang untuk dapat menampung berbagai aktivitas tidak kurang dari 6.000 orang. MGM berpengalaman mengelola Convention Center ternama di seluruh dunia, termasuk di Las Vegas, Detroit, Beijing, Tianjin, Macau, Mumbai, Dubai, Abu Dhabi, Dhoha, Cairo, dan lain-lain,

"MGM akan menghadirkan event-event eksibisi, konferensi dan hiburan berkelas dunia di Jakarta. Kehadiran MGM ini nantinya jelas akan memberikan warna dan atmosfer baru yang semarak bagi kota metropolitan Jakarta, sehingga menjadi setara dengan kota-kota metropolitan lainnya di dunia," jelas rilis PT Danayasa Arthatama Tbk.

PT Danayasa Arthatama Tbk adalah pengembang Kawasan Sudirman Central Business District (SCBD), sebuah kawasan bisnis terpadu seluas lebih kurang 45 hektar yang terletak di jantung kota Jakarta, sekaligus pemilik dan developer Signature Tower. PT Danayasa Arthatama Tbk merupakan anak usaha Artha Graha Network, yang chairman-nya Tomy Winata.

Sekilas mengenai MGM Grand di Las Vegas, yang dikelola MGM Hospitality merupakan hotel terbesar di dunia. MGM Grand Hotel and Casino merupakan sebuah hotel dan kasino. Hotel ini memiliki 5.044 kamar dengan resort termasuk dilengkapi dengan tempat rapat dan pameran seluas 341.899 square feet.

Pada 21 Mei 2012 yang lalu, Artha Graha Network melalui anak perusahaan PT Danayasa Arthatama Tbk, telah menandatangani Perjanjian Kerjasama dengan MGM Hospitality di Las Vegas, Amerika Serikat

Acara penandatanganan yang berlokasi di Hotel Bellagio, di Las Vegas Amerika Serikat. Dalam penandatanganan kerjasama tersebut, dari Artha Graha Network diwakili Tomy Winata - Chairman Artha Graha Network dan Santoso Gunara - Presiden Komisaris PT. Danayasa Arthatama Tbk, sedangkan dari MGM Hospitality diwakili oleh Gamal Aziz – Presiden MGM Hospitality dan Michael Sagild – Managing Director Asia Pacific Development MGM Hospitality.
(hen/dnl)



Sorry not in english version

[unity]

Overall the news stated that MGM Grand through it's brand Bellagio Hotel will manage the top 20 floors of the 111 floors tower. They will also operate 350 rooms of MGM Grand Hotel in another tower south of this Signature Tower. There will be 15,000 square meters of convention center too that will also managed by them. The cooperation agreement has been signed on 21 May in Las Vegas. Hope it will help,,

[Crazy Dude]

Here is the english version..

Tomy Winata courts MGM Hospitality for Signature
The Jakarta Post, Jakarta | Thu, 05/24/2012 9:06 AM

The Artha Graha Network, a diversified business conglomeration controlled by tycoon Tomy Winata, has courted MGM Hospitality to run the management of hotels, apartments and convention centers in the upcoming Signature Tower that will be built by its subsidiary, PT Danayasa Arthatama.

Danayasa will start building the 638-meter building later this year and is expected to be completed by 2020. Signature Tower, which will be Indonesia’s tallest and the world’s fifth-tallest building is expected to cost about US$2 billion.

“We admire MGM Hospitality as an owner and operator of world-class hotels. It will be the first time for them to do business in Indonesia. By collaborating with MGM, hopefully we can create a different atmosphere in Jakarta,” said Danayasa director Agung Prabowo in a telephone interview on Wednesday.

Both companies had not determined the value and time period of the contract. However, the signing was enough to show strong commitment of Danayasa and MGM toward the cooperation, Agung stated.

Using the Bellagio Hotel brand, MGM Hospitality will operate 290 super-luxury hotel rooms, which will be located on the 20 highest floors of Signature Tower.

The subsidiary of MGM Resorts International is also set to manage 350 hotel rooms and serviced apartments in the Signature’s south tower.

Read more

[dochan]

And this one is explanation from the architect


credit to AceN

[kub86]

Love this tower! Considering it's the same architects from the cancelled Signature Tower in Nashville, it looks like they resurrected the design and made it 2x taller!!

[Jay]

So sad the Nashville one didn't get built.


So is this actually getting built?

[eurico]

therr are so many news about this tower, that this tower will be built, hotel manage by MGM and bla bla bla but there's no evidence on the site location that this tower soon will start the construction, on earlier news construction is start on June 2012.

[KillerZavatar]

i'm also pretty sure the signature tower will be built. the renders, architects, everything is legit and as the only megatall structure and supposed to be the new landmark in jakarta the financial situation doesnt look too bad either with many backers for the project.

[KillerZavatar]

http://www.thejakartapost.com/news/2...ure-tower.html

Danayasa seeks loans to fund Signature Tower

Publicly listed property developer PT Danayasa Arthatama is seeking loans to support its plan of constructing the Signature Tower, which is designed to be the tallest tower in the country and the fifth-tallest in the world.

“We will fund the tower with our equity and loans; probably a syndicated loan. We are in negotiations with several local and foreign banks,” Danayasa director Agung Prabowo said on the sidelines of the company’s annual shareholders’ meeting on Tuesday.

Agung declined to name the banks; neither did he reveal how much Danayasa aimed to raise in loans. He hinted, however, that the ratio of loans to internal cash to pay for the Signature Tower would be either 60 to 40 percent or 70 to 30 percent.

The Signature Tower, which will be 638 meters in height with 111 stories, is estimated to cost US$2 billion.

During the annual meeting, Danayasa’s shareholders approved that the company retain its earnings collected last year rather than disburse the money as dividends.

“We will use the funds to support the construction of the Signature Tower,” Agung said.

Danayasa booked Rp 72.7 billion (US$7.70 million) profit last year, a 63 percent drop from Rp 141.5 billion in 2010. The plunge was influenced by a 61 percent fall in revenue to Rp 688 billion in 2011 compared to Rp 1.11 trillion
in 2010.

This business setback continued into the first quarter of the year. Danayasa reaped only Rp 158.21 billion during January to March, a 24 percent drop from Rp 210.68 billion in the same period last year.

Danayasa saw increases in income from its hotel and telecommunications businesses; however, these could not compensate the sharp fall in its real estate business. The company saw revenue from real estate, particularly from the leasing of spaces in Pacific Place mall, drop 35 percent to Rp 81.48 billion in the first quarter of the year from Rp 125.46 billion in the same period last year.

Following declining revenue, the company’s net profits fell 64 percent to Rp 6.02 billion in the first three months of the year versus Rp 17.1 billion in the same period last year.

The company’s total assets were worth Rp 3.47 trillion by the end of the first quarter, with liabilities and equity at Rp 856.44 billion and Rp 2.62 trillion, respectively. Meanwhile, cash and cash equivalent stood at Rp 211.72 billion at the end of March. Agung said the company would lease spaces in the Signature Tower rather than sell it, to maintain recurring income.

Danayasa will start to build the Signature Tower later this year on 5.5 hectares of land. The construction is expected to be completed by 2020.

Agung said that the land for the building had been secured and was located in the company’s area in the Sudirman Central Business District (SCBD).

“From the start of the SCBD’s construction, we already had the master plan, including the construction of the Signature Tower. The tower will use lots 6 to 8 near Pacific Place mall. Existing building on the area [the lots] are only temporary,” Agung said.

Danayasa, whose controlling shareholder, PT Jakarta International Hotels & Development, with 63.22 percent ownership, is part of the Artha Graha network, which is a partnership network of private companies engaging in various industries, including property, banking and infrastructure.

Artha Graha’s chairman, Tomy Winata, said recently that the company had secured cooperation with MGM Hospitality to run the management of hotels, apartments and convention centers in the Signature Tower.

[eurico]

and they also push back the ground breaking by the end of this year....

[tikiturf]

It has to be built, it's such a wonderful tower. Good job Jakarta !

[neux]

Originally Posted by charl1e

Friday, 01/06/2012 15:51 pm
Tomy Winata Start Build Signature Tower in July 2012
Suhendra - detikFinance

Jakarta - Signature Tower that is predicted will be the tallest building in Indonesia and the highest to-5 world planned to begin construction this year. Building with 111 floors will begin construction in July 2012 in the SCBD, Jakarta.

"Tentative starting from July 2012," Tomy told detikFinance, Friday (01/06/2012)

Tomy also said that this project will cost and U.S. $ 1 billion or equivalent to Rp 9 trillion. Although Tomy did not elaborate further, but this is getting to make sure the news earlier that Indonesia will have a new icon with the tallest building located in the Sudirman Central Business District (SCBD).

High Signature Tower will reach 638 meters and the top 20 highest building in the world in 2020. Pineapple-like building whose roof was one of mixed-use buildings in Jakarta are world class.

Learn more at: http://finance.detik.com/read/2012/0...i-2012?9911012

ANY UPDATE?? ITS JULY ALREADY