Workflow
停滞7年多!广东一市中心171米高“烂尾楼”复工
Nan Fang Du Shi Bao·2025-06-05 14:16

Core Viewpoint - The Weida Tower in Foshan, which has been stalled for over seven years, has officially resumed construction, marking a significant turnaround for the project that faced bankruptcy and legal challenges [1][2] Group 1: Project Background - The Weida Tower project was initiated in 2012 by Foshan Dapanheng Real Estate Development Co., Ltd., aiming to create a mixed-use high-rise building in a prime location [1] - The tower reached its structural completion at 171 meters in 2016 but was halted in 2017 due to the developer's financial issues, leaving 993 office spaces abandoned [1] Group 2: Legal and Financial Developments - As of June 2023, the developer was involved in 44 lawsuits, with claims totaling over 390 million yuan [1] - The local court implemented a "executive bankruptcy integration" reform to facilitate the restructuring process, ultimately allowing Donghui Enterprise Management Co. to acquire the restructuring investment rights for 430 million yuan [1] Group 3: Construction Resumption and Future Plans - The project officially resumed on June 5, 2023, with ongoing site cleanup and preparations for further construction [1] - The Weida Tower is planned to be a 38-story building with a total height of approximately 171 meters and a construction area of about 75,800 square meters, including 44,200 square meters of office space and 10,500 square meters of commercial facilities, with a completion target set for October 30, 2026 [2] Group 4: Court's Role and Achievements - The Zhencheng Court is one of the pilot courts for the "executive bankruptcy integration" initiative, having processed 136 bankruptcy cases and resolved 4.9 billion yuan in debts by May 2023 [2] - The court successfully facilitated the payment of over 6 million yuan in back wages to project workers during the restructuring process [2]