Bangkok Observation Tower to be built next to IconSiam
Southeast Asia’s tallest observation tower will soon be built on the banks of the Chao Phraya River, adjacent to the new IconSiam shopping centre currently under construction.
The Bangkok Observation Tower will stand 459m above the city. It will be funded by contributions from 50 corporate sponsors, including mall operator Siam Piwat, which will facilitate public access through its IconSiam property, which is expected to open in the second half of next year.
Once complete, the US$138 million building will be the sixth tallest observation tower globally,
The tower is being jointly built by two foundations: the Bangkok Observation Tower Foundation and the National Identity Foundation, after Thailand’s military junta approved the project.
The Bangkok Observation Tower will be built on a 6400sqm land plot owned by Thailand’s Treasury Department and leased to the Bangkok Observation Tower Foundation for 30 years. The Foundation is required to deliver ownership of the tower and all other structures on the land to the Treasury Department when the construction is completed in 2019.
Inspiration for the candle-like design of the Bangkok Observation Tower is drawn from the popular celebratory tradition, observed by millions around the country, of lighting candles on the birthday of the late King Bhumibol Adulyadej as a symbolic gesture of lighting up the country with prosperity.
The Bangkok Observation Tower Foundation is a not-for-profit organisation that has the right to operate and manage the tower for 30 years. There is no commercial space for rent inside the tower. The space inside the tower will be used for educational purpose promoting Thailand’s historical and cultural heritage as well as various aspects of particular pride from Thailand’s 77 provinces. The surplus from income generated from ticket sales and other sources will be used for social causes that benefit the local community or for charities only.