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 | Mar 24, 2021

Architecture billings climb into positive territory after a year of monthly declines

AIA’s ABI score for February was 53.3 compared to 44.9 in January.

Market Data | Mar 22, 2021

Construction employment slips in 225 metros from January 2020 to January 2021

Rampant cancellations augur further declines ahead.

Market Data | Mar 18, 2021

Commercial Construction Contractors’ Outlook lifts on rising revenue expectations

Concerns about finding skilled workers, material costs, and steel tariffs linger.

Market Data | Mar 16, 2021

Construction employment in January lags pre-pandemic mark in 42 states

Canceled projects, supply-chain woes threaten future jobs.

Market Data | Mar 15, 2021

Rising materials prices and supply chain disruptions are hurting many construction firms

The same firms are already struggling to cope with pandemic impacts.

Market Data | Mar 11, 2021

Soaring materials costs, supply-chain problems, and project cancellations continue to impact construction industry

Costs and delayed deliveries of materials, parts, and supplies are vexing many contractors.

Market Data | Mar 8, 2021

Construction employment declines by 61,000 in February

Association officials urge congress and Biden administration to focus on new infrastructure funding.

Market Data | Mar 2, 2021

Construction spending rises in January as private nonresidential sector stages rare gain

Private nonresidential market shrinks 10% since January 2020 with declines in all 11 segments.

Market Data | Feb 24, 2021

2021 won’t be a growth year for construction spending, says latest JLL forecast

Predicts second-half improvement toward normalization next year.

Market Data | Feb 23, 2021

Architectural billings continue to contract in 2021

AIA’s Architecture Billings Index (ABI) score for January was 44.9 compared to 42.3 in December.

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