February 2, 2005—Otis Elevator Company announced it has won four major elevator and escalator contracts in China totaling nearly $60 million, including installation of high-speed elevators in Beijing’s tallest office tower, Gen2 elevators for Shanghai’s Zhangjiang High-Tech Park, escalators in the Shanghai Metro, and elevators and escalators for the Shanghai World Financial Center, expected to be the tallest in the world.
The Beijing project, known as the Silvertie Center, consists of two office towers and a Park Hyatt Hotel. The 63-floor Center Tower 2 will be 825 feet (250 meters) high, the tallest building in Beijing, and be equipped with Otis elevators that will move at 7 meters per second, the fastest units in Beijing. Tower 1 and the Park Hyatt Hotel each will be 42 floors and 614 feet high. Otis will supply and install 24 double-deck Skyway(TM) elevator systems, 15 Elevonic 411 gearless passenger units, four gearless freight elevators, a mix of 27 machine-roomless Gen2 elevators and Otis 3200 systems along with 27 escalators.
In Shanghai, Otis will install 100 Gen2 elevators in Zhangjiang High-Tech Park. The Zhangjiang Park project represents Otis’ largest single contract for Gen2 elevators.
Otis will also install 70 Gen2 elevators and 74 escalators in 27 stations of Shanghai’s Metro Line 6, an elevated subway line under construction in the Pudong district on the eastern side of the Huangpu River.
Finally, Otis will install 64 elevators and escalators in the Shanghai World Financial Center complex, including Otis’ super double-deck elevator systems. The complex will house office space, a 170-room six-star hotel and an observation deck.
