The country's tallest piece of free-standing artwork, designed by a Birmingham architect, has been completed.
The Aspire tower, which stands at 196ft - or 60 metres - is three times taller than the Angel of the North.
The final section of the tower was added today at the University of Nottingham. The £800,000 sculpture resembles an ice-cream cornet but without the ice-cream.
Its designer, Birmingham-born Ken Shuttleworth, who helped design the "Gherkin" building in London, attended the ceremony.
The sculpture is situated on the university's new Jubilee Campus, which occupies the old Raleigh bicycle factory site.
Professor Alan Dodson, Pro-vice Chancellor with responsibility for infrastructure, said of the new sculpture: "It's obviously more abstract than the Angel of the North, but to me it's an inspirational piece of work.
"It symbolises the regeneration of this old factory, brownfield site - it's almost like a phoenix rising out of the ashes.
"As part of the regeneration of the old Raleigh bike factory, phase one was opened in 1998 - that was the 50th anniversary of the university being given its royal charter.
"This year is the 60th anniversary and to mark this the sculpture is 60 metres tall. It's an iconic landmark which will transform the skyline of Nottingham and it represents that the university transforms live through education.
"We hope that it will draw in people to Nottingham, and for people who don't know about the city it will be a point of conversation."
The red tower, which has a lattice structure, was paid for by an anonymous benefactor. It weighs 854 tonnes and was built to celebrate the 60th anniversary of the university being handed its Royal Charter. It will be lit during the hours of darkness.
In January, the local planning authority gave the green light for building work to go ahead, despite concerns from some councillors it could pose a hazard to low-flying aircraft.
Other councillors said they were worried it could attract student pranksters, keen to wedge traffic cones in it.
But Prof Dodson said: "The Civil Aviation Authority don't even require us to put a light on top of it as it is about the same height as the block of flats in the centre of Nottingham. But we did check of course.
"I can't say anybody will not climb it but if anybody starts to, we will notice and put a stop to it."
Kelvin Malupande, 34, from Nottingham, who is studying for a teaching qualification, said: "My feeling is that it wasn't complete. It should have a lift up it so you can see from a height.
"But the architect is very courageous. He has defied the laws of science because it is smaller at the bottom than it is at the top."
Post-graduate student Nazir Qaddhafy, 24, from Birmingham, said: "It's something different that I haven't seen before. It gets attention and it makes people wonder what it is."