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Old October 13th, 2005, 04:41 PM   #1
Nightsky
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Larkhall Savico-Saigonīs new tallest?

I haven't heard anyone talking about Larko Savico Building that will be Saigon's new tallest with its twin towers, at least if the much taller Financial Tower won't be completed before.


Article:Ļ

Larkhall-Savico: the sky's the limit for second city high-rise (01/11/2004)

The Larkhall-Savico building: HCM City's very own twin towers.
A stalled project to build a skyscraper in Ho Chi Minh City is slated to get off the ground early next year, said a source from the project's developer Larkhall-Savico joint venture.

"Preparations for the long-delayed project are fast-tracked now. If things are okay, construction on the 43-storey building in the city downtown will resume early next year," Cheung Shuet Fei, general director of Larkhall-Savico, confirmed.

"We've decided to resume the project because of the recent upturn in the city office and residential leasing market. We hope this project will satisfy the ever-increasing demand for luxury offices and apartments," he added.

The project will cost an estimated US$95 million to build. Hong Kong's Larkhall will hold a 70% stake while local partner Savico will contribute the remaining 30% in land use rights on the 4,500-square-metre site.

The partnership was licensed in 1996 to develop a hi-rise office and apartment building standing 43 storeys high in downtown District 1. However, partners were forced to postpone construction due to the Asian economic crisis in 1997.

Savico, a state-owned company under the umbrella of Ben Thanh Corporation (Sunimex) that recently went public, then used the site, which is flanked by major boulevards Nguyen Hue and Dong Khoi, for shopping malls and restaurants.

"The site is now being cleared for the project. This work should be finished by mid-December so that construction on the project can proceed according to schedule," said Fei.

To suit the property market, Fei said there were some changes in the project's original design, but the number of storeys will remain unchanged with 43 storeys.

The Larkhall-Savico would become the tallest building in Ho Chi Minh City, shadowing the 33-storey Saigon Trade Centre, the city's current tallest hi-rise. Design of the building made by a group of Hong Kong's most experienced architects has recently been completed.

"Contractors for piling, foundation and construction will be chosen in two or three weeks," Fei said.

The Larkhall-Savico building, slated for completion by 2007, will also provide 118 high-end apartments and auxiliary facilities including shopping malls, hotels, retail, and restaurant outlets.
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Old October 13th, 2005, 04:47 PM   #2
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My drawing of it:
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Old October 14th, 2005, 04:21 AM   #3
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Is this the final design ? The article mentions a change in the design... This one looks rather bland...
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Old October 14th, 2005, 10:09 AM   #4
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There is indeed a new design, more glassy, but we don't have a big render of it yet. Foundation work proceeds.
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