Bangalore Skyline-UB City and Kanteerava StadiumHere’s some scintillating news that’s sure to cheer Bangaloreans as they welcome 2009. The city will soon be home to India’s tallest tower. The Karnataka government proposes to construct a 100-storey trade centre on the lines of New York’s erstwhile World Trade Center. Proposed locations are either the Race Course or the Karnataka Soaps and Detergents Ltd land at Rajajinagar.

Conceived and promoted by large and medium industries minister Murugesh R Nirani, an industrialist himself, the project is envisaged as a public-private partnership. “Nearly 10 investors have evinced interest in partnering with the government to build this skyscraper,’’ Nirani said. Chief minister B S Yeddyurappa is said to have given consent to the idea.

Nirani said financials of this venture have not been worked out, especially revenue-sharing with the private developer. “Very soon, an expert agency will be involved to give a feasibility report,’’ Nirani said. Project work is expected to commence by March.

The tower will offer office space, observation decks, restaurants, clubs, public parks, jogging tracks, multi-level shopping and parking areas.

According to the plan, a small portion — less than six acres — of the 64-acre Race Course would be used for the tower. Race Course is being considered for two reasons: it’s in the heart of the city and also because Bangalore Turf Club has been asked to shift to the outskirts by December 2009.
Source:Times of India, January 1st, 2009