TAIPEI — The Taipei 101 building, which was for five years the world’s tallest, has towered over the Taiwanese capital for more than a decade.

Very much a build-it-and-they-will-come venture, the 1,666.7-foot tower was erected in one of the city’s least built-up areas, Xinyi District, as a symbol of a modern and ambitious Taiwan.

Thirteen years later, Xinyi is Taipei’s center for finance, business, offices and shopping. And in a sign that Taipei 101 has accomplished its mission of attraction, other skyscrapers are finally rising next door, altering the skyline of an otherwise surprisingly low-rise city.

The first of the new buildings, the 48-story, 892-foot Nan Shan Plaza, is scheduled for completion at the end of this year. Already topped out, the high-rise, and its neighbors to come, will stand roughly half the height of Taipei 101, which will remain the district’s dominant edifice for the foreseeable future.