Local residents are yet to be convinced by the coin-shaped building in Guangzhou
Construction on a 33-storey coin-shaped waterfront complex in the southern Chinese city of Guangzhou is well under way.
Designed by Milan-based AM Progetti, the 138m high building features a 48m wide hole in the centre.
The building’s shape has been inspired by ancient golden coins. Wang Zhansan, the chief engineer on the project, said: “A golden coin, jade or waterwheel alongside the river means luck to Cantonese: Water brings money”.
AM Progetti added: “We consider the shape of the double jade disk as the strongest shape inspiration and the perfect starting point for the GDPE Landmark Building design.”
But according to the Shenzhen Daily, some locals are less convinced.
“It looks exactly the same as the ugly Fangyuan Building in Shenyang,” Guangzhou resident Luo Bihua said.
The Fangyuan building by Taiwan architect CY Lee was recently ranked as one of the top ten ugliest buildings in the world by news broadcaster CNN.
Another resident, He Huiying added: “I can’t see any beauty in the two buildings… Two golden coins? It only exposes the naked desire of the authorities and the property owners to chase money.”
Once completed, the building will be used as a warehouse and research centre for the Guangdong Plastic Exchange.