Real Estate
World's Second-Tallest Building Opens With a Whimper After Delay
- Shanghai Tower occupancy follows two years of fire code delays
- Advanced architecture kept China skycraper mired in regulation
After more than two years of red tape that kept tenants from moving in, China’s tallest skyscraper, the Shanghai Tower, has been quietly opening and filling office space.
More than 60 companies now occupy office space on its 128 floors -- including some big names in China finance, such as Ant Financial, controlled by Alibaba Group Holding Ltd.’s billionaire founder Jack Ma. The building’s basement burger joint, Fatburger & Fatbar, is positioning itself as a go-to spot for after-work drinks.