The company that submits the winning bid will bear the cost of the tower's construction and operation. It is expected the admitting fee would be $10, which is comparable to similar attractions in the United States.
The tip of the tower will rise to 701 feet above sea level.
The three viewing decks will be at 47, 52.5, and 56 metres above ground, accessed by elevator, with unobstructed views in all directions from the city's highest vantage point.
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