King Power Mahanakhon

Details of the MahaNakhon development were announced on 27 May 2009. The development team included German architect Ole Scheeren, former partner of the design firm Office for Metropolitan Architecture; Thai company Pace Development; David Collins Studio in London; and Industrial Buildings Corporation (IBC). In 2015 PACE bought the remaining shares of former partner IBC, thus becoming the sole project developer. The groundbreaking ceremony was held on 20 June 2011, the building was topped off in 2015, and was completed in 2016. The total project value as a result of pricing changes during the course of construction reached 21 billion baht (US$620 million). In October 2013, the construction of the smaller CUBE building was finished. At that time the main tower reached the 4th floor, growing at the rate of approximately two to three storeys per month. As of September 2014, construction of the main tower reached the 45th floor, and in December 2014 the building had reached the 60th floor. In April 2015, PACE revealed that the tower had reached its full height and was topped off at 314 meters, making it the tallest building in Bangkok. Finally in 2016, the CTBUH recognized the building as completed. In March 2014, PACE announced that the development was now being sold freehold, having previously been a leasehold property. The building was purchased from PACE Development by King Power group in April 2018, resulting in the name change from MahaNakhon to King Power Mahanakhon