The Council on Tall Buildings and Urban Habitat released its 2014 Year in Review report. According to the report, the total number of buildings over 200 meters completed (97 worldwide) was higher in 2014 than in any other year on record. Another first: 11 supertalls were completed last year.
The market continues to shift to Asia, with 76% of tall buildings completed there; 60% in China alone. Surprising to CTBUH, there was an increase in all-steel construction for the first time since 2000, which bears further investigation.
There will be multiple mega projects to watch in 2015, which the report recaps here.
Other noteworthy findings from the report:
• After China, the most 200-meter-plus buildings went up in the Phillippines (five), then United Arab Emirates and Qatar (four each), with the U.S., Japan, Indonesia, and Canada tying for fourth place (three each).
• Chile completed the first supertall in South America, the 300-meter Torre Costanera in Santiago.
• Japan also entered the supertall market with the 300-meter Abeno Harukas in Osaka.
• One World Trade Center was the tallest building of the year to be completed and is now the world's third-tallest building.
• All-office buildings continue to fall out of the 100 Tallest buildings ranking, with 39 in 2014, down from 42 the previous year.
Read the full report here.
Related Stories
| Oct 13, 2010
HQ renovations aim for modern look
Gerner Kronick + Valcarcel Architects’ renovations to the Commonwealth Bank of Australia’s New York City headquarters will feature a reworked reception lobby with back-painted glass, silk-screened logos, and a video wall.
| Oct 12, 2010
Guardian Building, Detroit, Mich.
27th Annual Reconstruction Awards—Special Recognition. The relocation and consolidation of hundreds of employees from seven departments of Wayne County, Mich., into the historic Guardian Building in downtown Detroit is a refreshing tale of smart government planning and clever financial management that will benefit taxpayers in the economically distressed region for years to come.
| Oct 8, 2010
Union Bank’S San Diego HQ awarded LEED Gold
Union Bank’s San Diego headquarters building located at 530 B Street has been awarded LEED Gold certification from the Green Building Certification Institute under the standards established by the U.S. Green Building Council. Gold status was awarded to six buildings across the United States in the most recent certification and Union Bank’s San Diego headquarters building is one of only two in California.
| Sep 21, 2010
New BOMA-Kingsley Report Shows Compression in Utilities and Total Operating Expenses
A new report from the Building Owners and Managers Association (BOMA) International and Kingsley Associates shows that property professionals are trimming building operating expenses to stay competitive in today’s challenging marketplace. The report, which analyzes data from BOMA International’s 2010 Experience Exchange Report® (EER), revealed a $0.09 (1.1 percent) decrease in total operating expenses for U.S. private-sector buildings during 2009.
| Aug 11, 2010
New data shows low construction prices may soon be coming to an end
New federal data released recently shows sharp increases in the prices of key construction materials like diesel, copper and brass mill shapes likely foreshadow future increases in construction costs, the Associated General Contractors of America said. The new November producer price index (PPI) report from the Bureau of Labor Statistics provide the strongest indication yet that construction prices are heading up, the association noted.