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CTBUH Global News

The CTBUH Global News Archive is the primary place to get all the latest news on tall buildings, urban development and sustainable construction from around the world. The CTBUH also disseminates this information via our Monthly e-Newsletter, CTBUH Journal, and through books and reports. To view news for a certain category or time period, please use the links on the left side menu.

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Late Award-Winning Architect’s Final London Scheme to Start Works


16 Aug 2018, London, United Kingdom

A 15-story corten steel-clad residential building is slated to begin works in London, following a refinancing of the project. Designed by a Stirling Prize-winning architect, the project will rise over an existing structure on the site. Read more.

Casino License Consultation Progresses Athens Mega-Development


15 Aug 2018, Athens, Greece

The casino license consultation process has begun for a mega-development on the marina of Athens, Greece. The integrated casino resort, which includes a high-rise tower, is part of the first phase of the 6.2 million-square-meter scheme. Read more.

State Files Lawsuit Against Trump Tower Over Chicago River Pollution


15 Aug 2018, Chicago, United States

The Illinois Attorney General has filed a complaint against a 92-story tower along the Chicago River, regarding a violation of water pollution regulations. The office is seeking a fine of $10,000 for each day the tower has violated pollution rules. Read more.

Dubai World Trade Center to be Preserved Under New Initiative


10 Aug 2018, Dubai, United Arab Emirates

The Dubai Municipality has announced a new initiative to preserve landmark buildings from the 1960s and '70s, including the Dubai World Trade Center, the first tall building in the region. Read more.

Delhi High Court Orders Halt on High-Rise Construction Around Airport


31 Jul 2018, Delhi, India

The New Delhi High Court has ordered the discontinuation of high-rise building construction within the vicinity of Indira Gandhi International Airport, due to concerns for flight path safety. Read more.

Bank to Move Headquarters to New Detroit High-Rise


26 Jul 2018, Detroit, United States

A banking giant in Michigan has announced plans to move its headquarters to a new high-rise in Detroit. Construction on the 20-story mixed-use building is expected to begin in 2019, with completion slated for the end of 2020. Read more.

121-Meter Hotel in Guiyang, China, Features 107-Meter Waterfall Attraction


24 Jul 2018, Guiyang, China

A 107-meter waterfall has been built on the side of a high-rise hotel in the central business district of Guiyang. The unique feature uses recycled water to operate and flows for a maximum of 20 minutes, as it costs $117 per hour to run. Read more.

Benidorm’s Tallest Building Launches Sale of Luxury Apartments


11 Jul 2018, Benidorm, Spain

A 269-apartment residential tower in Benidorm has launched to market, following a change in ownership in 2017. The 192-meter high-rise, which will be the tallest residential building in Spain, is slated for completion in 2019. Read more.

Hospitality Company Relaunches Panama City Hotel


10 Jul 2018, Panama City, Panama

A major hospitality company has signed a management agreement to relaunch an iconic hotel in Panama City that has been operating as an independent property since March 2018. The 284-meter tower is the tallest building in Central America. Read more.

Coquimbo’s New Consistorial Building to Cost $39 Million


26 Jun 2018, Coquimbo, Chile

The budget for a new 15-story consistorial building in Coquimbo has been increased to cover seismic code modifications and construction costs. The site is expected to open to the public by 2020. Read more.

Malaysian Government to Inject $724 million to Complete Kuala Lumpur Development


22 Jun 2018, Kuala Lumpur, Malaysia

A 28-hectare financial development in Kuala Lumpur will receive additional funding from the Malaysian government to complete the project. Two towers on the site have topped out and are scheduled for completion in 2019. Read more.

Wrigley Building Will Sell for $225 Million to Chicago Billionaire


23 May 2018, Chicago, United States

The Wrigley Building, one of Chicago’s best-known skyscrapers, will be sold to a local billionaire for $225 million. The 27-story building was completed in 1922, and features 43,850 square meters of office space overlooking the Chicago River. Read more.

Resident Wins Appeal Against Three-Tower Project in Brisbane


11 May 2018, Brisbane, Australia

A local resident has won an appeal against a high-rise development in Brisbane. The court’s decision was made on the grounds that the city planning scheme allows a maximum of 15 stories in height, while the proposal rises to 27 stories. Read more.

Chase Tower, Phoenix's Tallest Building, Sells in Foreclosure Deal


08 May 2018, Phoenix, United States

Chase Tower in downtown Phoenix has sold for almost $79 million through a foreclosure deal, and its new owners said plans are underway to renovate the tower built in 1972. The 40-story office high-rise is Arizona’s tallest building. Read more.

Developer Begins Handover of Dubai Marina Project Homes


02 May 2018, Dubai, United Arab Emirates

The developer of The Residences at Marina Gate 1, a 52-story high-rise that recently completed in Dubai, has begun handover of the tower’s 399 units to buyers. The remaining two towers in the complex are progressing on schedule. Read more.

Mining Giant to Move to New Headquarters in Adelaide


11 Apr 2018, Adelaide, Australia

An Australian mining giant will relocate its headquarters to a new AU$250 million office tower in Adelaide’s CBD. The A-grade commercial high-rise is currently under construction and expected to complete in 2019. Read more.

1000M Leads Chicago in New Condo Sales, Eyes 2019 Groundbreaking


10 Apr 2018, Chicago, United States

Condominium sales at 1000M, a 74-story high-rise designed by JAHN for Chicago’s South Loop neighborhood, have kicked off at a steady pace. Developers are hoping to break ground on the project in early 2019. Read more.

Trendy Hotel Coming to Brisbane Development


22 Mar 2018, Brisbane, Australia

A trendy international hotel brand is coming to an under-construction tower in the Brisbane Quarter development. The hotel will have 305 rooms and 595 square meters of ballroom space, with the tower rising 121.1 meters. Read more.

Chinese Banks Agree to Finance Lion’s Share of Egypt’s New Capital East of Cairo


21 Mar 2018, Cairo, Egypt

Chinese banks have agreed to provide 85 percent of the $3 billion needed to fund the first stage of a new capital for Egypt that includes a 345-meter high-rise, which China State Construction Engineering Corporation will build. Read more.

Developer Buys Tower Melbourne


21 Mar 2018, Melbourne, Australia

A Singaporean company sold its stake in the Tower Melbourne project to an Australian developer for AU$55 million, following a protracted legal battle with a nearby property owner. The developer is expected to undertake a major mixed-use project. Read more.

Chicago’s Riverline Mega-Development Divided into Separate Residential Projects


14 Mar 2018, Chicago, United States

The $2 billion Riverline mega-development in Chicago has been split into two separate residential projects. The northern portion of the site is set to contain 2,700 units, while the southern portion will house 1,050 apartments. Read more.

After 12-Day Standoff, Workers Strip Trump Name from Panama Hotel


07 Mar 2018, Panama City, Panama

The owners of a luxury Panama City hotel that is managed by the Trump Organization have taken control of the 70-story building after a 12-day dispute that ended when a Panamanian judicial official backed the hotel’s majority owners. Read more.

Liverpool to Bring Back Tall Buildings Policy in Face of UNESCO Threat


20 Feb 2018, Liverpool, United Kingdom

The Liverpool City Council is set to restore the city’s policy on tall buildings in an attempt to stop UNESCO stripping it of its World Heritage Site status. Activists have become concerned as the proliferation of tall building proposals continues in the city. Read more.

Chicago’s John Hancock Center Skyscraper Losing its Iconic Name


13 Feb 2018, Chicago, United States

The iconic John Hancock Center in Chicago is getting a name change as the owners search for a new naming-rights buyer. In the meantime, the 100-story, 343.7-meter tower will go by its street address, 875 N. Michigan Ave. Read more.

Chinese Developer Confirms Sale of Sydney’s Circular Quay, Gold Coast’s Jewel Projects


29 Jan 2018, Sydney, Australia

A Chinese developer has confirmed the sale of its Australian real estate projects to an unnamed investor. The two projects, One Circular Quay in Sydney and Jewel at Surfers Paradise in Gold Coast, are both under construction. Read more.

Developer Closes on $1-Billion-Plus Financing for New York’s Central Park Tower


05 Jan 2018, New York City, United States

Developers have closed on $1.14 billion in financing for Central Park Tower, and now have all the money in place for what is set to be Manhattan’s most expensive condo tower, according to documents filed with the Tel Aviv Stock Exchange. Read more.

Developer Lands $500 Million Construction Loan for Chicago Post Office Redevelopment


22 Dec 2017, Chicago, United States

The New York investor redeveloping the massive Old Main Post Office in Chicago has scored a $500 million construction loan to finance the project, one of several properties on the city's list for a potential Amazon second headquarters. Read more.

Dubai Court Dismisses Arbitration Against Real Estate Firm in Burj Daman Case


18 Dec 2017, Dubai, United Arab Emirates

A real estate firm has won a favorable judgment in the Dubai Courts of Appeal in its long-running dispute with a contractor, relating to the Burj Daman real estate project in the Dubai International Financial Centre (DIFC). Read more.

Dubai’s Gate Avenue Aims to Lease 90% of Units Before Completion


14 Dec 2017, Dubai, United Arab Emirates

Dubai International Financial Centre, the emirate's financial free zone, aims to lease 90 percent of units at its Dh1billion (US$272 million) Gate Avenue retail development before it opens in 2018. Read more.

Frisco's $2 Billion Wade Park Project Facing Legal Woes for Millions in Unpaid Bills


11 Dec 2017, Frisco, United States

A big chunk of Frisco, Texas’ famous $5 billion mile on the periphery of Dallas has hit a bump in the road, as multiple construction companies involved in the Wade Park project are taking legal action for unpaid bills. Read more.