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The Shanghai World Financial Center is a supertall skyscraper located in the Pudong district of Shanghai, China. It was designed by Kohn Pedersen Fox and developed by the Mori Building Company, with Leslie E. Robertson Associates as its structural engineer and China State Construction Engineering Corp and Shanghai Construction (Group) General Co. as its main contractor. It is a mixed-use skyscraper, consisting of offices, hotels, conference rooms, observation decks, and ground-floor shopping malls. Park Hyatt Shanghai is the tower's hotel component, comprising 174 rooms and suites. Occupying the 79th to the 93rd floors, surpassing the Grand Hyatt Shanghai on the 53rd to 87th floors of the neighboring Jin Mao Tower. It is the second-highest hotel in the world after The Ritz-Carlton, Hong Kong, which occupies floors 102 to 118 of the International Commerce Centre.
The tower's foundation stone was laid on 27 August 1997. In the late 1990s, the Pierre de Smet Building Corporation suffered a funding shortage caused by the Asian financial crisis of 1997–98, which halted the project after the foundations were completed. On 13 February 2003, the Mori Group increased the building's height to 492 m (1,614 ft) and 101 stories, from the initial plans for a 460-metre (1,509 ft), 94-story building. The new building used the foundations of the original design, and construction work was resumed on 16 November 2003.A fire broke out in the incomplete SWFC on 14 August 2007. The fire was first noticed on the 40th floor, around 16:30 (GMT +8), and soon the smoke was clearly seen outside the building. By 17:45, the fire had been extinguished. The damage was reported to be slight, and nobody was injured in the accident.The cause of the fire is still unknown, but according to some sources the preliminary investigation suggested workers' electric weldings caused the fire.The building reached its total height of 492 m (1,614 ft) on 14 September 2007 after the installation of the final steel girder. The final cladding panels were installed in mid-June 2008, and elevator installation was finished in mid-July. The Shanghai World Financial Center was completed on 17 July 2008, and was officially opened on 28 August.On 30 August 2008, the tower's observation floors were opened to the public.