flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

2019 sets new record for supertall building completion

Market Data

2019 sets new record for supertall building completion

Overall, the number of completed buildings of at least 200 meters in 2019 declined by 13.7%.


By CTBUH | December 12, 2019

Courtesy Pixabay

The Council on Tall Buildings and Urban Habitat (CTBUH) has released its annual report, CTBUH Year in Review: Tall Trends of 2019, part of the Tall Buildings in Numbers data analysis series. The report shows that 126 buildings of 200 meters’ height or greater were completed in 2019, including 26 “supertall” buildings of at least 300 meters’ height, a new record.

The total number of supertall buildings worldwide is now 170. In 2013, there were 76 buildings 300 meters or higher worldwide; in 2000, only 26. The 530-meter Tianjin CTF Finance Centre in Tianjin, China was the tallest building completed in 2019.

“This is the fifth year in a row that a building over 500 meters has been completed, which is a remarkable accomplishment for the building industry – it was only 15 years ago that such buildings didn’t exist,” said CTBUH Chief Executive Officer Antony Wood.

Overall, the number of completed buildings of at least 200 meters in 2019 declined by 13.7% (there were 146 in 2018). This is the first year in which the overall completion figure declined since the 2010 to 2011 gap, which was attributed to the lag effect of project cancellations due to the 2008 recession. Due to the long lead times inherent to skyscraper construction, many of the projects completing in 2019 were conceived and initiated five or more years ago, and thus reflect the development circumstances of a half-decade prior.

However, 2019 proved to be a significant year for some areas that did not already have an abundance of tall buildings, and in some cases, had never been on the 200-meter-plus list before. The African continent and the nation of Algeria alike got a new tallest building: the Great Mosque of Algiers (265 meters). And on the opposite end of Africa, The Leonardo (227 meters) in Johannesburg, South Africa, became that nation’s new tallest building, and the second-tallest building on the continent. Europe also gained a new tallest building, after a long gestation period (including a change of site) – the Lakhta Center (462 meters) in St. Petersburg. And Brazil completed the Infinity Coast Tower (235 meters), which is the country’s first building to exceed 200 meters, despite being a nation of many tall buildings.

Looking into 2020, CTBUH currently projects a similar range for the expected number of completions for 200-meter-plus buildings: between 115 and 145. Of these, between 17 and 30 are expected to be supertalls (300 meters and higher).

View the full and interactive report on The Skyscraper Center.

Related Stories

Market Data | Jan 6, 2022

A new survey offers a snapshot of New York’s construction market

Anchin’s poll of 20 AEC clients finds a “growing optimism,” but also multiple pressure points.

Market Data | Jan 3, 2022

Construction spending in November increases from October and year ago

Construction spending in November totaled $1.63 trillion at a seasonally adjusted annual rate.

Market Data | Dec 22, 2021

Two out of three metro areas add construction jobs from November 2020 to November 2021

Construction employment increased in 237 or 66% of 358 metro areas over the last 12 months.

Market Data | Dec 17, 2021

Construction jobs exceed pre-pandemic level in 18 states and D.C.

Firms struggle to find qualified workers to keep up with demand.

Market Data | Dec 15, 2021

Widespread steep increases in materials costs in November outrun prices for construction projects

Construction officials say efforts to address supply chain challenges have been insufficient.

Market Data | Dec 15, 2021

Demand for design services continues to grow

Changing conditions could be on the horizon.

Market Data | Dec 5, 2021

Construction adds 31,000 jobs in November

Gains were in all segments, but the industry will need even more workers as demand accelerates.

Market Data | Dec 5, 2021

Construction spending rebounds in October

Growth in most public and private nonresidential types is offsetting the decline in residential work.

Market Data | Dec 5, 2021

Nonresidential construction spending increases nearly 1% in October

Spending was up on a monthly basis in 13 of the 16 nonresidential subcategories.

Market Data | Nov 30, 2021

Two-thirds of metro areas add construction jobs from October 2020 to October 2021

The pandemic and supply chain woes may limit gains.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021