The Taipei 101 Mall opened yesterday with applause from politicians who said the center puts Taiwan on the map.
President Chen Shui-bian (
"It is not only a landmark of Taipei but a sign of Taiwan's development and prosperity. It is Taiwan's asset and pride," Chen said.
PHOTO: SEAN CHAO, TAIPEI TIMES
Speaking at the same ceremony, Taipei Mayor Ma Ying-jeou (
Taipei 101 is expected to have only a brief reign as the world's tallest building, however, having surpassed Malaysia's 452m Petronas twin towers when its top was put on earlier this year.
In 2008, India will best Taiwan with the 224-story Centre of India Tower in Katangi, projected to stand 676m.
Hu Jone-hui, from the Tao Architects and Planners, said the craze for building skyscrapers in Asia was about national pride, not commercial logic or even safety.
"Building the world's tallest skyscraper is traditionally a way for a developing capitalist society to show off its wealth and attract attention. For a country that is seeking to advance itself to the rank of developed countries, such a symbolic building is considered a [source of] pride," Hu said.
The five-story, 23,000-ping mall sits at the base of the 508m tower, which will open to the public next year.
The mall features 161 stores and will carry numerous international brands, offers 12 restaurants and one international bookstore.
John Sironic, general manager of the mall, said initial response from tenants has been better than expected.
The mall already has 93 percent occupancy and is targeting annual sales of NT$16 billion to NT$19 billion in its first year, he said.
The shopping complex is expected to draw up to 200,000 people per day, said Scott Chen (陳文光), a vice commercial president of Taipei Financial Centre Co, the owner of the mall.
"We will have 19 luxury brands setting up their flagship stores in the mall," Chen said.
The mall's tenants are optimistic about the success of the complex.
"As Taipei 101 is a landmark for Taiwan, it is a great attraction to people and top customers," said Pure Tsai (
Evan Chen (
Yesterday's opening attracted people from around the country.
Lin Si-yin (林思吟) and Chien I-ju (簡臆如), two 26-year-old salespeople from Kaohsiung and Taichung, respectively, said the mall's design and layout were attractive.
Chang Hao-zi (
For Pacific Sogo Department Store Group, the new outlet within the mall is not expected to affect its Chunghsiao East Road location, Sogo chairman Chung Chin (
"We expect to create an annual turnover of NT$500 million to NT$600 million in the first year by offering quality cosmetics, lingerie and spa services in the 800-ping outlet," Chung said.
Rival Shin Kong Mitsukoshi Department Store said it is not concerned over the mall's opening. Shin Kong has two department stores in the Hsinyi district and is expected to launch a third department store by the end of the year.
"Our new 15,000-ping department store will features 26 luxury brands," said Shauna Lee (
"Our VIP service offers top customers a rest area with free beverages, deserts, magazines and queue-free service," she said.
RETHINK? The defense ministry and Navy Command Headquarters could take over the indigenous submarine project and change its production timeline, a source said Admiral Huang Shu-kuang’s (黃曙光) resignation as head of the Indigenous Submarine Program and as a member of the National Security Council could affect the production of submarines, a source said yesterday. Huang in a statement last night said he had decided to resign due to national security concerns while expressing the hope that it would put a stop to political wrangling that only undermines the advancement of the nation’s defense capabilities. Taiwan People’s Party Legislator Vivian Huang (黃珊珊) yesterday said that the admiral, her older brother, felt it was time for him to step down and that he had completed what he
Taiwan has experienced its most significant improvement in the QS World University Rankings by Subject, data provided on Sunday by international higher education analyst Quacquarelli Symonds (QS) showed. Compared with last year’s edition of the rankings, which measure academic excellence and influence, Taiwanese universities made great improvements in the H Index metric, which evaluates research productivity and its impact, with a notable 30 percent increase overall, QS said. Taiwanese universities also made notable progress in the Citations per Paper metric, which measures the impact of research, achieving a 13 percent increase. Taiwanese universities gained 10 percent in Academic Reputation, but declined 18 percent
UNDER DISCUSSION: The combatant command would integrate fast attack boat and anti-ship missile groups to defend waters closest to the coastline, a source said The military could establish a new combatant command as early as 2026, which would be tasked with defending Taiwan’s territorial waters 24 nautical miles (44.4km) from the nation’s coastline, a source familiar with the matter said yesterday. The new command, which would fall under the Naval Command Headquarters, would be led by a vice admiral and integrate existing fast attack boat and anti-ship missile groups, along with the Naval Maritime Surveillance and Reconnaissance Command, said the source, who asked to remain anonymous. It could be launched by 2026, but details are being discussed and no final timetable has been announced, the source
SHOT IN THE ARM: The new system can be integrated with Avenger and Stinger missiles to bolster regional air defense capabilities, a defense ministry report said Domestically developed Land Sword II (陸射劍二) missiles were successfully launched and hit target drones during a live-fire exercise at the Jiupeng Military Base in Pingtung County yesterday. The missiles, developed by the Chungshan Institute of Science and Technology (CSIST), were originally scheduled to launch on Tuesday last week, after the Tomb Sweeping Day holiday long weekend, but were postponed to yesterday due to weather conditions. Local residents and military enthusiasts gathered outside the base to watch the missile tests, with the first one launching at 9:10am. The Land Sword II system, which is derived from the Sky Sword II (天劍二) series, was turned