In the vibrant city of Mumbai, a towering symbol of architectural prowess stands tall – the World One Tower. This 76-floor residential skyscraper, reaching a height of 280.2 meters (919 feet), is a testament to modern engineering and design.
Let’s delve into the journey of making World One, India’s tallest building.
The Foundation of the Project
The roots of World One trace back to the acquisition of a 7.1-hectare site of the defunct Shrinivas Mill by the Lodha Group in 2005. The visionary move laid the groundwork for an iconic development that would redefine Mumbai’s cityscape. The project officially commenced with the groundbreaking ceremony on July 23, 2010, marking the beginning of an ambitious journey.
The Collaborative Effort
To turn this vision into reality, the Lodha Group collaborated with renowned architects Pei Cobb Freed & Partners, known for their innovative designs. The structural engineering prowess came from Leslie E. Robertson Associates, ensuring the tower’s stability and safety.
Construction contractors Arabian Construction Co., Simplex Infrastructure, and Muscovite Group played pivotal roles in bringing the project to life.
Financial Triumphs and Investments
Building a structure of this magnitude required substantial financial backing. In June 2010, the Lodha Group secured over ₹10 billion (US$130 million) from Singapore funds GIC and Temasek, along with a property fund from mortgage giant HDFC. This financial triumph laid the groundwork for the construction to commence in earnest.
HDFC Property Fund’s initial investment of ₹500 crore in 2010 reflected confidence in the World Towers project. Later, in September 2016, Piramal Fund Management Pvt. Ltd. invested ₹2,320 crore, further solidifying the financial foundation.
Challenges faced while building the tower
No monumental project is without its share of challenges. The World One Tower faced a significant hurdle when the developer failed to obtain height approval from the Airports Authority of India.
Initially designed to reach 442 meters (1,450 feet), the project was stalled for a few years. However, demonstrating resilience and adaptability, the project was redesigned to its current height of 280.2 meters (919 feet), overcoming regulatory obstacles.
Construction and Completion of World One Tower
Construction commenced on May 7, 2011, and despite the hurdles, significant progress was achieved by December 2014, with 75% of civil construction completed. The tower steadily rose, reaching 70% completion by June 2015, with 83 floors standing tall.
The first round of apartment bookings opened on November 29, 2011, and by the time the bookings closed on December 14, 2014, Lodha had received ₹5 billion (US$63 million) worth of bookings. The construction was finally completed in 2020, marking the grand opening of the World One Tower.
Features of the World One Tower
- The Grand Shikarband Jain Temple serves as the estate’s spiritual center.
- Lodha World Towers hosts the city’s most elevated rejuvenating spa.
- Glide through the azure waters of the indoor pool, which combines Zen-like serenity with ancient Eastern opulence.
- The best residential sports facilities in the country.
- Spacious 290 apartments, exquisitely designed 3- and 4-bedroom residences.
Conclusion
The making of World One Tower is a journey marked by determination, collaboration, and the ability to adapt to challenges. The tower stands tall as a symbol of architectural brilliance and unwavering commitment.
The World One Tower not only alters Mumbai’s skyline but also sets a new standard for luxury living in India. World One is more than a skyscraper; it’s a testament to what can be achieved when vision meets determination in architecture and real estate.
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