5 things we know about the US$1 billion Taipei Sky Tower

The ‘next-generation landmark skyscraper of innovation, efficiency and sustainability’ aims to offer travellers a new experience
Plans for the Taipei Sky Tower (TST) were just unveiled last week, and the lifestyle-driven development is targeted at high-end travellers, housing two Hyatt-branded luxury hotels – the Park Hyatt Taipei and Andaz Taipei. Here are five things we know about it so far:
1. It’s expensive
The TST is estimated to cost more than US$1 billion in total development cost, which, going by transaction size, makes it one of the largest projects in Asia in recent years. Top 10 foodie spots revealed – and the winner is surprising
2. It’s tall
TST is 280 metres (920 feet) tall, which makes it the second tallest building in Taipei after Taipei 101 (449.3m), while beating out Shin Kong Life Tower (244.8m). The complex is situated in the city’s Xinyi District, and will contain 500 rooms split between the two hotels.
3. It’s shopping heaven