Its original name was Taipei Fianicial Centre, based on its official Chinese name, Taipei International Fianicial Grand Tower-Building (臺北國際金融大樓).
Upon completion in June-July 2003, it will hold 3 out of 4 official World's Tallest Building[?] titles designated by the Council on Tall Buildings and Urban Habitat (CTBUH). It will have 101 stories above ground (hence the name) and 5 under ground.
The four categories are:
Taipei 101's measures, respectively, are 508m/1667ft (pinnacle & structural top); 448m/1470ft (roof); and 438m/1437ft (highest floor).
It will be, undisputably, the most technologically advanced skyscraper ever constructed to date. The building will feature fiber-optic and Satellite Internet connections allowing speeds up to 1 gigabyte per second. Toshiba will be supplying the world's two fastest elevators[?] which will run at a top speed of 1008 meters per minute. An 800 ton tuned mass[?] damper[?] will be held at the 88th floor, stabilizing the tower against earthquakes, typhoons[?], and winds.
Adjacent to the tower will be a 6-story mall.
As of 13 June, construction is up to the 97th floor. Topout is expected in July.
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