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 5, 2021

Barely one-third of metros add construction jobs in latest 12 months

Dwindling list of project starts forces contractors to lay off workers.

Market Data | Jan 4, 2021

Nonresidential construction spending shrinks further in November

Many commercial projects languish, even while homebuilding soars.

Market Data | Dec 29, 2020

Multifamily transactions drop sharply in 2020, according to special report from Yardi Matrix

Sales completions at end of Q3 were down over 41 percent from the same period a year ago.

Market Data | Dec 28, 2020

New coronavirus recovery measure will provide some needed relief for contractors coping with project cancellations, falling demand

Measure’s modest amount of funding for infrastructure projects and clarification that PPP loans may not be taxed will help offset some of the challenges facing the construction industry.

Market Data | Dec 28, 2020

Construction employment trails pre-pandemic levels in 35 states despite gains in industry jobs from October to November in 31 states

New York and Vermont record worst February-November losses, Virginia has largest pickup.

Market Data | Dec 16, 2020

Architecture billings lose ground in November

The pace of decline during November accelerated from October, posting an Architecture Billings Index (ABI) score of 46.3 from 47.5.

AEC Tech | Dec 8, 2020

COVID-19 affects the industry’s adoption of ConTech in different ways

A new JLL report assesses which tech options got a pandemic “boost.”

Market Data | Dec 7, 2020

Construction sector adds 27,000 jobs in November

Project cancellations, looming PPP tax bill will undercut future job gains.

Market Data | Dec 3, 2020

Only 30% of metro areas add construction jobs in latest 12 months

Widespread project postponements and cancellations force layoffs.

Market Data | Dec 2, 2020

New Passive House standards offers prescriptive path that reduces costs

Eliminates requirement for a Passive House consultant and attendant modeling.

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