China takes out tallest building in 2019

China takes out tallest building in 2019

31 January 2020

The Council on Tall Buildings and Urban Habitat has released its annual report, CTBUH Year in Review: Tall Trends of 2019, part of the Tall Buildings in Numbers data analysis series.

The year 2019 was remarkable for the tall building industry, as it saw 26 supertall buildings (300 meters or taller) completed, the most in any year.

This is the second year in which this record was established, besting 18 supertalls in 2018. It was also the sixth year in a row that at least one 500-meter-plus building was completed.

Overall, 126 buildings of at least 200 meters were completed in 2019, compared to 146 in 2018, a 13.7 percent decline. 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.

The tallest building to complete in 2019 was the Tianjin CTF Finance Centre, at 530 meters. It is now tied for the third-tallest building in China with its sister tower, Guangzhou CTF Finance Centre (also 530 meters) and is the seventh-tallest in the world. This marks the fifth year in a row in which the tallest building to complete is in China.

Asia (excluding the Middle East) overall contributed 87 of the 126 completions, for a 69 percent share; down from 110 completions for a 75.3 percent share of 2018’s total

The United States was again the second most prolific country, with 14 completions, for 11 percent of 2019’s total. The number was equal to 2018’s total, though the percentage represented was lower. North America represented 20 of the completions, or 15.9 percent of the world totals, compared to 16 of 2018’s completions, or 10.8 percent.

It was followed by the United Arab Emirates, with nine completions, down from 10 in 2018. The Middle East overall recorded 11 completions, down from 13 in 2018. Malaysia and India tied at seven completions; and the Philippines had five. In 2018, Malaysia also recorded seven completions, India had zero; and the Philippines had one completion.

At the city scale, Shenzhen, China was once again the world champion, besting its own record for the fourth time in a row, with 15 completions, for 11.9 percent of the global total, surpassing all other countries besides China, let alone cities. The next-most prolific city was Dubai, with nine completions.

“This is the fifth year in a row that a building over 500 metres has been completed, which is a remarkable accomplishment for the building industry—it was only 15 years ago that such buildings didn’t exist,” CTBUH chief executive Antony Wood said. Among the year’s tallest building trends were transit-oriented development, with the demand for high-quality real estate and optimal connectivity a highlight as well as sky-bridges.