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Wednesday23 July 2014

Tall building completions down first time in six years

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Sixty-six buildings finished in 2012, down from 82 in 2011

Global tall building completions around the world declined in 2012 for the first time in six years, according to the Council on Tall Buildings and Urban Habitat.

Sixty-six buildings taller than 200m were completed during 2012, the third highest number in history but fewer than the 82 finished in 2011.

The council said the number of completions was slightly lower than expected, with some projects stalled in the aftermath of the global financial crisis.

However, several of the projects due to finish in 2012 are now expected to be completed in 2013 when the number of completions is expected to rise again.

The global number of buildings taller than 200m has almost tripled since 2000, increasing from 263 to 756 at the end of 2012.

Buildings completed this year included the Makkah Royal Clock Tower Hotel in Saudi Arabia, the second tallest building in the world at 601m.

Four of the six tallest buildings completed in 2012 were in Dubai. China completed 22 buildings taller than 200m in 2012, a third of the global number.

In total, 35 buildings taller than 200m were completed in Asia in 2012 and 16 in the Middle East.

The United States completed only two buildings over 200m, including the 257m-tall Devon Tower in Oklahoma City.

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