The Busan Lotte World Tower is a 107-floor, 510.1 m (1,674 ft) supertall skyscraper under construction in Busan, South Korea. The tower is planned on a site next to Nampo-dong station on Busan Subway Line 1 and completion is expected in 2016 at earliest. The landmark tower is the centerpiece of the new Busan Lotte Town and construction is being carried in two phases. The first phase includes a department store, completed in 2009. The second phase, an addition to the department store, completed in 2010. The third phase will be a mart, and a cinema, which is to be completed in 2014, and the last phase the larger second phase will include a luxury hotel, an observation deck, offices, and cultural facilities in a 107 story skyscraper. The design of the skyscraper will resemble a standing ship,