flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

What do Chengdu, Lagos, and Chicago have in common?

What do Chengdu, Lagos, and Chicago have in common?


By By Robert Cassidy, Editorial Director | April 5, 2011

They’re all “world middleweight cities” that are likely to become regional megacities (10 million people) by 2025—along with Dongguan, Guangzhou, Hangzhou, Shenzhen, Tianjin, and Wuhan (China); Kinshasa (Democratic Republic of the Congo); Jakarta (Indonesia); Lahore (Pakistan); and Chennai (India).

These “emerging middleweight” cities are among the “City 600,” the top 600 cities by contribution to global GDP growth from 2007 to 2005, as defined in a new report from McKinsey Global Institute: “Urban World: Mapping the economic power of cities”.

The 1.5 billion people who live in the City 600 (22% of world population) accounted for $30 trillion of GDP in 2007—more than half of global GDP. The top 100 alone generated $21 trillion, 38% of global GDP, according to McKinsey.

By 2025, these 600 cities will be home to 2.0 billion, a quarter of the world’s population, and account for $64 trillion, or 60% of global GDP.

The top 25 “hot spots” for GDP by 2025 include (in rank order) New York, Los Angeles, Chicago, Dallas, Washington, D.C., Houston, Philadelphia, Boston, and San Francisco, along with such places as São Paolo (Brazil), Rhein-Ruhr (Germany), Mexico City, Randstad (Netherlands), Shanghai, Beijing, and Hong Kong.

Other key findings of the McKinsey study:

• By 2025, the makeup of the City 600 will change as the center of gravity of the urban world moves south and east. One-third of developed market cities will no longer make the top 600.

• By 2025, up to 136 new cities will enter the City 600 list, all of them from the developing world—100 of them from China alone, including Haerbin, Shantou, and Guiyang.

• India will contribute 13 newcomers to the City 600 list, including Hyderabad and Surat. Latin America will add eight, notably Cancún (Mexico) and Barranquilla (Colombia).

• About 310 million more people of working-age population will live in the City 600 by 2025—almost 35% of the expansion of the global workforce, almost all of it in emerging markets and two-thirds in China and South Asia.

What do all these fascinating data points mean to the design and construction industry, and to you as an AEC professional? In a nutshell, the McKinsey people are saying, If you want to grow your business—and your career—over the next 15 years, you must look to foreign climes.

It is in the emerging cities that GDP will be growing at a faster rate than global GDP. Where the workforce will be expanding more quickly than in the rest of the world. Where demand for housing, retail shops, schools, libraries, museums, data centers, universities, office buildings, religious centers—all the magnificent structures you and your firms create and build—will be accelerating at a hyperfast rate compared to the growth, if any, in much of the developed world.

To be competitive in the coming decade and a half, AEC firms and professionals are going to have to shift their lines of sight eastward and southerly, to places with names like Luanda, Chongqing, Dhaka, Colombo, and Grande Vitória.

Related Stories

| Aug 11, 2010

Florida mixed-use complex includes retail, residential

The $325 million Atlantic Plaza II lifestyle center will be built on 8.5 acres in Delray Beach, Fla. Designed by Vander Ploeg & Associates, Boca Raton, the complex will include six buildings ranging from three to five stories and have 182,000 sf of restaurant and retail space. An additional 106,000 sf of Class A office space and a residential component including 197 apartments, townhouses, ...

| Aug 11, 2010

Restoration gives new life to New Formalism icon

The $30 million upgrade, restoration, and expansion of the Mark Taper Forum in Los Angeles was completed by the team of Rios Clementi Hale Studios (architect), Harley Ellis Devereaux (executive architect/MEP), KPFF (structural engineer), and Taisei Construction (GC). Work on the Welton Becket-designed 1967 complex included an overhaul of the auditorium, lighting, and acoustics.

| Aug 11, 2010

Best AEC Firms to Work For

2006 FreemanWhite Hnedak Bobo Group McCarthy Building Companies, Inc. Shawmut Design and Construction Walter P Moore 2007 Anshen+Allen Arup Bovis Lend Lease Cannon Design Jones Lang LaSalle Perkins+Will SmithGroup SSOE, Inc. Timothy Haahs & Associates, Inc. 2008 Gilbane Building Co. HDR KJWW Engineering Consultants Lord, Aeck & Sargent Mark G.

| Aug 11, 2010

High-Performance Workplaces

Building Teams around the world are finding that the workplace is changing radically, leading owners and tenants to reinvent corporate office buildings to compete more effectively on a global scale. The good news is that this means more renovation and reconstruction work at a time when new construction has stalled to a dribble.

| Aug 11, 2010

Great Solutions: Business Management

22. Commercial Properties Repositioned for University USE Tocci Building Companies is finding success in repositioning commercial properties for university use, and it expects the trend to continue. The firm's Capital Cove project in Providence, R.I., for instance, was originally designed by Elkus Manfredi (with design continued by HDS Architects) to be a mixed-use complex with private, market-...

| Aug 11, 2010

Nurturing the Community

The best seat in the house at the new Seahawks Stadium in Seattle isn't on the 50-yard line. It's in the southeast corner, at the very top of the upper bowl. "From there you have a corner-to-corner view of the field and an inspiring grasp of the surrounding city," says Kelly Kerns, project leader with architect/engineer Ellerbe Becket, Kansas City, Mo.

| Aug 11, 2010

AIA Course: Historic Masonry — Restoration and Renovation

Historic restoration and preservation efforts are accelerating throughout the U.S., thanks in part to available tax credits, awards programs, and green building trends. While these projects entail many different building components and systems, façade restoration—as the public face of these older structures—is a key focus. Earn 1.0 AIA learning unit by taking this free course from Building Design+Construction.

| Aug 11, 2010

BIM adoption tops 80% among the nation's largest AEC firms, according to BD+C's Giants 300 survey

The nation's largest architecture, engineering, and construction companies are on the BIM bandwagon in a big way, according to Building Design+Construction's premier Top 50 BIM Adopters ranking, published as part of the 2009 Giants 300 survey. Of the 320 AEC firms that participated in Giants survey, 83% report having at least one BIM seat license in house, half have more than 30 seats, and near...

| Aug 11, 2010

World's tallest all-wood residential structure opens in London

At nine stories, the Stadthaus apartment complex in East London is the world’s tallest residential structure constructed entirely in timber and one of the tallest all-wood buildings on the planet. The tower’s structural system consists of cross-laminated timber (CLT) panels pieced together to form load-bearing walls and floors. Even the elevator and stair shafts are constructed of prefabricated CLT.

| Aug 11, 2010

Integrated Project Delivery builds a brave, new BIM world

Three-dimensional information, such as that provided by building information modeling, allows all members of the Building Team to visualize the many components of a project and how they work together. BIM and other 3D tools convey the idea and intent of the designer to the entire Building Team and lay the groundwork for integrated project delivery.

boombox1
boombox2
native1

More In Category


Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.



Libraries

Reasons to reinvent the Midcentury academic library

DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years.

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