Indonesia-based Artha Graha Network is planning to start construction on the $2bn Signature Tower in the Sudirman Central Business District (SCBD) in Jakarta, Indonesia, by the end of 2012.
The 638m building will be built by Artha Graha Network’s subsidiary PT Danayasa Arthatama and designed by US-based design firm Smallwood, Reynolds, Stewart, Stewart & Associates.
Spanning across 111 floors, the mixed-use tower will house a hotel, a convention centre and retail space.
The convention centre will have a total floor area of 15,000m², with capacity to accommodate around 6,000 people.
The top 20 floors of the building will be occupied by a 290-room Bellagio Hotel.
Danayasa Arthatama director Agung Prabowo told The Jakarta Globe that the project’s ground-breaking ceremony is expected to take place in 2012, with construction expected to take five years.
"The tower will significantly add to the supply of office space in the capital, as the Signature Tower is expected to add between 200,000 and 250,000 square meters of office area among the first 80 of its 111 floors," Agung said.
The company has also signed a deal with MGM Hospitality to operate the tower’s hotel, as well as manage 350 other hotel rooms and serviced apartments in the tower.
Upon completion, Signature Tower will be Indonesia’s tallest building, ranking fifth in the world.
Caption: Signature Tower will incorporate a 15,000m² convention centre with capacity to hold around 6,000 people. Image: SCBD.