Ground was broken Thursday for Vietcombank Tower, the Ho Chi Minh City headquarters of Vietcombank and Pelli Clarke Pelli Architects' first building in Vietnam.
Officials from the firm, Vietcombank, and the bank's development partners joined local dignitaries for the occasion.
Vietcombank Tower expands the bank's presence in Ho Chi Minh City, Vietnam's financial capital and its fastest-growing city. The 35-story tower will be the tallest building on Me Linh Square, a prime location on the west bank of the Saigon River. The building will include the bank's flagship retail location, bank offices, and additional Class A office space designed to attract international tenants.
"Pelli Clarke Pelli Architects is proud to have designed Vietcombank's headquarters in Ho Chi Minh City," said Fred Clarke, FAIA, Senior Principal. "We have created a strong, confident design for a building that represents stability, vision and progress."
Evoking classic skyscrapers, the building's design is distinguished by multiple setbacks, a celebratory crown, and a prominent spire. Materials were chosen to convey the stability and permanence appropriate to an esteemed financial institution. The exterior wall will incorporate light-colored granite within vertical metal ribs that accentuate the height of the building. Integrated custom lighting fixtures will illuminate the entire tower at night. At the base of the tower, a loggia of six granite piers and a canopy mark the main entrance. Adjacent to the building, a park with walking paths, a fountain, and seating will be open to the public.
A project of Vietcombank-Bonday-Benthanh Joint Venture Company Limited, the building has an estimated construction cost of $67 million and is scheduled for completion in 2013.