Back Society » Development » Work Set to Resume on Saigon's Largest 'Ghost Tower'

Work Set to Resume on Saigon's Largest 'Ghost Tower'

Saigon's most prominent unfinished skyscraper is finally set for completion thanks to a new investor.

VnExpress reports that work will resume on the 42-story Saigon One tower soon. The building, located at the intersection of Ton Duc Thang and Vo Van Kiet Streets in central District 1, has stood unfinished since 2011, even though it is 80% complete.

The news source adds that work on the building began in 2007 and was supposed to finish in 2009, but conflicts between investors and financial problems led to the city's most noticeable 'ghost tower.'

According to CafeF, Alpha King Real Estate Development JSC has taken over the building, while Singapore's RSP Architects Group will oversee the final designs.

Saigon One will feature Vietnam's largest rooftop bar, in addition to apartments, offices and commercial space. It is expected to open in 2018, the news source reports.

[Photo via Trip Savvy]


Related Articles:

What Does the Future Hold for Saigon’s Skeleton Tower?


Related Articles

in Development

$2bn Thu Thiem Eco Smart City Set to Break Ground This Year

A week after the city unveiled Thu Thiem Empire City, a project that will include Vietnam’s tallest building, a group of Asian developers have announced that they will break ground on its neighbor, th...

in Development

'Cable Car' Tourism Developer FLC Group Wants to Build a Mega-Resort in Quang Ngai

Experts and locals have voiced concerns over the impact a proposed mega-resort on the coast in Quang Ngai Province may have on the environment and the local community.

in Development

'House for Trees' in Tan Binh District

Vo Trong Nghia Architects, winners of ArchDaily’s ‘House of the Year’ award, is undoubtedly Vietnam’s leading sustainable/green design firm. One of their latest projects, ‘House for Trees’ was complet...

in Development

15 Projects That Will Change Saigon Forever: Part 1

The area between Bến Thành Market and the Saigon Opera House is undeniably the epicenter of changes to the city’s urban fabric with the construction of pedestrian promenades, subway stations, a n...

in Development

15 Projects That Will Change Saigon Forever: Part 2

The area between Bến Thành Market and the Saigon Opera House is undeniably the epicenter of changes to the city’s urban fabric with the construction of pedestrian promenades, subway stations, a new ad...

in Development

15 Projects That Will Change Saigon Forever: Part 3

The area between Bến Thành Market and the Saigon Opera House is undeniably the epicenter of changes to the city’s urban fabric with the construction of pedestrian promenades, subway stations, a new ad...

Partner Content