Arraya Tower vs Scotia Plaza

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The Arraya Tower is a skyscraper completed in 2009 in Kuwait City, Kuwait.

The tower serves as a grade-A office construction. With sixty storeys, and 300 metres high (using a 45-metre spire), the building was the tallest tower in Kuwait until the construction of Al Hamra Tower in 2011. On January 19, 2010, The Council on Tall Buildings and Urban Habitat (CTBUH) announced that Arraya Tower was the 4th-tallest building completed in 2009. Curtis W. Fentress, FAIA, RIBA, of Fentress Architects, was the primary architect of the building, and Ahmadiah Construction was the primary contractor.



The tower complements the Present 130-metre-high Arraya Tower housing offices and the Courtyard by Marriott hotel, as well as the upscale Arraya Shopping Mall and the Arraya Ballroom. Building on the tower began in February 2005, with occupation scheduled for February 2009. As of August 22, 2008, the tower was topped out and the superstructure was complete. Exterior cladding, consisting of white marble, green glass and steel rods, was largely complete. Interior works were well underway and wrapped up in early 2009 in time for the tower's opening.

Source: Wikipedia

Informations

Scotia Plaza is a commercial office complex in the city of Toronto, Ontario, Canada. It is in the financial district of the downtown core bordered by Yonge Street on the east, King Street West on the south, Bay Street on the west, and Adelaide Street West on the northwest. At 275 m (902 ft), Scotia Plaza is Canada's third tallest skyscraper and the 22nd tallest building in North America. It is on the PATH network, also contains 190,000 m2 (2,045,143 sq feet ) of office space on 68 flooring and 40 retail stores. Olympia and York developed the complex as an expansion of the adjoining headquarters of Scotiabank and the bank continues to occupy approximately 24 floors of the structure. Olympia and York owned the complex from its completion until the business was liquidated due to overwhelming debt in 1993. Scotiabank led a consortium of banks to buy the mortgage for Scotia Plaza and within the next five years, it bought additional shares from its partners before it was the property's majority owner.On January 19, 2012, Scotiabank announced it would sell the iconic building and on May 22, announced a final agreement with Dundee Real Estate Investment Trust (now Dream Office REIT) and H&R Real Estate Investment Trust for $1.27 billion, making it the last of Canada's leading banks to divest ownership of its Toronto headquarters land. In 2016, H&R and Dream sold 50% of the construction to KingSett Capital and AIMCo; in 2017, Dream sold its remaining 50% stake in 2017 to the same two companies.

Source: Wikipedia