Hyundai to Build Korea's Tallest Skyscraper

The main tower of the Hyundai Global Business Center on the site of the old KEPCO headquarters in southern Seoul will be the tallest building in the country.

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It will stand 569 m tall with 105 floors, according to a draft environmental impact assessment released by the Gangnam District Office on Wednesday.

That is 16 m taller than the 105-story structure the automaker originally announced in February last year and 14 m taller than the current tallest building in the country, Lotte World Tower. But Hyundai said the increase is only due to changing the height of the spire.

It will be the world's fourth tallest building after the Burj Khalifa (828 m) in the UAE, the Shanghai Tower (632 m) in China, and the Makkah Royal Clock Tower (601 m) in Saudi Arabia.

The district office will submit the draft assessment for public review for a month from Thursday. It will also give a briefing to local residents on Feb. 14.

Construction is to be complete by 2021.