Originally Posted by Razqal
its nice. but why are they building it in xinyi? that's supposed to be the business district. are they not going to build any more office towers? and i still dont understand why the floor ratio is so low. what happened to the 'manhattan of taipei' plan?
This is what I understand for Xinyi District development.
First thing is economic cycle. It is one of important elements for company to build official towers. When Xinyi district in development stage, it faced a serious challenge of economic recession.
Second thing is industry type, which are manufacture and high-tech. These industries do not need many official floor area, unlike financial department. And Taiwan really doesn't have many giant companies.
Third thing is foreign investment. Most foreign investment only really interesting on manufacture, high-tech and other industrial departments, not for retail other commercial development.
Final one is the most important one, the concept of Xinyi District is low-density development. (expect Taipei 101) Taipei 101 is not in the original plan until 2001. Before 2001, the limited height is 45m in that area where A10 locate. Now the limited height is 600m, thanks for Taipei 101. The problem is the floor area ratio didn't change.