Between the Saigon and Thủ Thiêm bridges in Bình Thạnh District sits a large plot of land which is currently home to stacks of shipping containers. If things go according to plan, by 2017, a massive, dense urban area will rise from this space, centered around a 81-story tower.
The VND30 trillion project ($1.41 billion), a figure that is nearly the cost of a metro line, is the vision of Vingroup, one of the nation’s leading private corporations and the parent company of Vincom and Vinpearl.
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The 43-hectare development will include a complex of luxury villas, apartments, offices, shopping malls and other services, but the highlight of this project is the 81-story Landmark tower which would surpass Hanoi’s Keangnam Tower as the country’s tallest.
Included in the development will be a sports and gymnastics center, children’s playground, intelligent parking garage a Vinschool and Vinmec hospital, all of which will be free for all residents for a decade.
If Thủ Thiêm ever gets is act together, Saigon may be nearly unrecognizable in 20 years.