Construction News
- Shanghai News
Date: 12-Jan-2007 Sources: (Shenzhen Daily)
FANS of Ferris wheels will be disappointed as plans to build the world's tallest Ferris wheel in Shanghai have been replaced - by an office high-rise, the Shanghai Morning Post reported Thursday.
The Shanghai Star Ferris wheel was to stand 200 to 230 meters above its Hongkou District neighborhood, beating the London Eye, which sits 135 meters above the ground and holds the world's record height.
However, 'the project proved to be unfeasible as it is a contravention against the designated function of the land, which is to offer shipping services,'an official with Bund's the development office said.
A Hangzhou-based private real estate developer won the rights in April 2005 to buy the plot reserved for the amusement ride for 1.46 billion yuan (US$187 million), the highest price ever paid for the city's land at that time.
The high-flying wheel was scheduled to serve as an anchor for an entertainment and commercial complex, which was expected to attract millions of visitors to the Huangpu River location every year - and join the Oriental Pearl TV Tower and the Jin Mao Tower as Shanghai's prime skyline icons.
'The city's planning authority now has a new plan for the land,'said the official. 'A 100-meter-tall office building.'
But the future of the land is still in limbo as Shanghai's housing, land and resource administration bureau is waiting for a developer for the 35,210-square-meter plot, said the official.
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