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Record-setting completions of buildings 200 meters and higher reflect resumption of pre-COVID construction
Chicago, Feb. 1, 2024 (GLOBE NEWSWIRE) — The Council on Tall Buildings and Urban Habitat (CTBUH) today released “Year in Review: 2023 High Trends,” the latest in its series of annual tests of the condition of giant structures. structure of structures around the world. Eagerly awaited by architects, engineers, real estate developers and professionals from a wide variety of industries similar to skyscraper structures, the online report revealed a higher-than-expected expansion in the sector: a record number of 175 structures of two hundred meters or more. were built completed in 2023, a structure up 7. 4% compared to 2018, when the highest number of completions (163) in this category was recorded.
The report highlighted some new milestones in the structure of high-rise buildings:
The world has a new building, the tallest at the moment: Merdeka 118, in Kuala Lumpur; and
18 cities around the world have recorded a new tallest building.
“The insights from our report suggest a return to pre-pandemic expansion in high-rise industries,” explained Javier Quintana de Uña, CEO of CTBUH. “This reflects the resumption of projects prior to the global COVID outbreak, which were temporarily halted or delayed due to the consequent curtain shortage, emerging inflation and other points; However, there is indeed upward momentum in this field. “
Some of the report’s conclusions run counter to traditional wisdom: last year, 94 buildings of 200 meters or more were completed in China; this is more than 8 times more than in the UAE, where 11 buildings of two hundred meters or more were completed in 2023, placing it as the moment in this category. China’s expansion has been fueled through twenty-seven finishes of more than two hundred meters in Shenzhen, which is now home to one in 14 buildings over two hundred meters tall in the world.
“In addition to offering professionals a detailed investigation of accelerating trends in the high-rise construction sector, aggregating assessments across construction materials and materials, the report allows users to expand hypotheses and verify emerging scenarios,” he continued Quintana de Uña. The knowledge also allows CTBUH to make informed predictions for the coming year, which is how we move the industry forward. ”
For example, according to the report: “Of the buildings currently under construction or topped-out, 35 are supertalls (300 meters and higher); just 27 of those completing in 2024 would set a record, surpassing the 26 supertall completions in 2019 and indicating a return to the pre-COVID pace of skyscraper construction.”
CTBUH’s annual review report stems from an annual audit of late-stage buildings that are tracked in the organization’s extensive database of more than 40,000 high-rise buildings worldwide, as well as projects submitted to its annual awards program through CTBUH members and the general public.
The easy-to-use report also appeals to professionals outside traditional tall-building industries, students, and casual users, such as skyscraper enthusiasts.
William Maibusch, task manager of the Walsh Group in Seattle and visiting professor in the Department of Civil Engineering at Columbia University, explained, “In addition to helping me with my professional work, the insights presented in CTBUH’s annual review reports are included in my presentations to students, who avidly consume it. They are also remarkably undeniable and undeniable to perceive through other people who are not necessarily familiar with the design and structure of high-rise buildings.
Council on Tall Buildings and Urban Habitat
The Council on Tall Buildings and Urban Habitat (CTBUH) is a global nonprofit organization committed to smarter, more sustainable cities and a longer-term, more livable environment for the world’s populations. Specifically, CTBUH focuses on the critical role of density in the fight against climate change. CTBUH is headquartered in Chicago with offices in Shanghai, China and Venice, Italy. CTBUH’s global network of members includes corporations active in spaces such as real estate development, architecture, engineering, charge consulting, asset control, and construction, among others. In addition to hosting industry-leading events, CTBUH produces studies and reports on issues that have significant results for its members. Its most widely used asset is its building database, SkyscraperCenter. com, a collection of detailed data, photographs, and technical data on more than 40,000 high-rise buildings worldwide. The CTBUH is well known to the public for developing foreign criteria for measuring the height of tall buildings and is known as the arbiter of the designation “the tallest building in the world. “For more information, see ctbuh. org.