The Shanghai World Financial Center (Abbr: SWFC) is a supertall skyscraper in Pudong, Shanghai, China. It is a mixed use skyscraper which consists of offices, hotels, conference rooms, observation decks, and shopping malls on the ground floors. Park Hyatt Shanghai is the hotel component containing 174 rooms and suites. Occupying the 79th to the 93rd floors, it is the highest hotel in the world, surpassing the Grand Hyatt Shanghai on the 53rd to 87th floors of the neighboring Jin Mao Tower. On 14 September 2007 the skyscraper was topped out at 492.0 meters (1,614.2 ft) and became the second-tallest building in the world; as well as the tallest structure in the People's Republic of China, including Hong Kong. It also had the highest occupied floor and the highest height to roof, two categories used to determine the title of "The World’s Tallest Building". On 28 August 2008, the SWFC officially opened for business and two days later, the world's tallest observation deck opened with a view from three levels. The highest view is at 474 m (1,555 ft) above ground level. It continues to have the tallest observation deck in the world surpassing even the Burj Khalifa. The SWFC has been lauded for its design and was named by architects as the best skyscraper completed in 2008.
Designed by Kohn Pedersen Fox, the 101-story tower was originally planned for construction in 1997, but work was temporarily interrupted by the Asian Financial Crisis in the late 1990s and later to accommodate design changes by the developer. The building of the tower is financed by several multinational firms, including Chinese, Japanese, and Hong Kong banks, as well as by the Japanese developer and as-yet unnamed American and European investors. American investment bank Morgan Stanley is coordinating the financing for Mori Building.