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Your daily industry news update: www.elevatorworld.com/industry-news/april-5-2017/

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SOUTH KOREAN TOWER CERTIFIED AS FIFTH-TALLEST
The Council on Tall Buildings and Urban Habitat (CTBUH) has certified the Lotte World Tower in Seoul, South Korea, as the fifth-tallest building in the world, displacing New York City’s One World Trade Center for that spot in the rankings. The 555-m tower, which held its grand opening on April 3, is part of a development that includes a shopping mall and amusement park. The multiuse tower houses offices, retail space, a seven-star luxury hotel and an “officetel,” a popular South Korean amenity that offers studio-apartment-style accommodations with hotel services for people who work in the building. With its No. 5 ranking, Lotte World Tower has pushed Malaysia’s Petronas Twin Towers – once the world’s tallest buildings – off the top 10 list.
 
38-, 74-STORY TOWERS PLANNED IN DOWNTOWN BROOKLYN
Alloy Development and the state-run Educational Construction Fund aim to bring 38- and 74-story mixed-use towers, along with schools and amenities, to a triangular downtown Brooklyn, New York, site bound by Third, State and Schermerhorn streets and Flatbush Avenue, Curbed NY reports. The first phase of the 80 Flatbush project consists of the 38-story residential building and two schools, expected to be complete by 2022. The second phase would have the 74-story building with both market and below-market-rate apartments and offices. This phase is scheduled for completion in 2025. In all, there will be 900 residences.
 
GLASS ELEVATOR CENTRAL TO MALL’S REVITALIZATION
A West Texas shopping mall that has lost several large retailers is installing a glass elevator as part of a plan to remake itself and draw more customers, the El Paso Times reports. The elevator at Sunland Park Mall will have a glass front with glass mosaic and “opalescent” tiles on the sides, the Times says, and will be in an open atrium near two existing escalators. A bridge featuring glass railings will link the elevator with the mall’s upper level. In a statement, a spokesperson said the elevator will further the mall’s efforts to “continually invest in maintaining and updating the property.”

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Image courtesy of CTBUH:
http://www.ctbuh.org/News/GlobalTallNews/tabid/4810/Article/4795/language/en-US/view.aspx