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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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Developer Awards Construction Contract for 170-Meter One Tower in Limassol


21 Dec 2016, Limassol, Cyprus

A joint-venture contract has been awarded to two construction companies that will build a 170-meter-tall luxury residential tower, dubbed One, at a seafront site in Limassol, Cyprus. The project is expected to complete in 2019. Read more.

Initial Building Permit Acquired for Chicago’s 123 East Cermak


21 Dec 2016, Chicago, United States

A long-discussed plan to bring even more hotel rooms to Chicago’s newly-branded McCormick Square entertainment district, located near the McCormick Place Convention Center, is finally ready to be realized at 123 East Cermak. Read more.

Conservationists Raise Concerns over London’s Manhattan Loft Gardens


14 Dec 2016, London, United Kingdom

Protestors claim that the under construction Manhattan Loft Gardens development in Stratford, which will house a 145-room hotel, nearly 250 flats, and three large sky gardens, will mar a protected view of St. Paul's Cathedral. Read more.

Sales Launched for Ivy Condos in Toronto


09 Dec 2016, Toronto, Canada

Evolved from a late-2015 proposal to replace a row of Mutual Street homes with a high-rise tower, marketing has kicked off for the residential project now branded as Ivy Condos. The development comprises 235 units across 32 stories. Read more.

Revised Planning Application Reduces Height of London’s 22 Bishopsgate


06 Dec 2016, London, United Kingdom

PLP has submitted revised plans for its tower at 22 Bishopsgate, reducing the skyscraper’s height by 23 meters. The new application for the tower in the City of London features a 59-story building standing at 255 meters. Read more.

Window Washing System Out of Commission at New York City’s One World Trade Center


28 Nov 2016, New York City, United States

A majority of the windows at New York City’s One World Trade Center haven’t been washed since 2015 because the system used to suspend the washers isn’t safe, according to a representative of the building's developer. Read more.

Trump Name to Be Removed from New York City Apartment Complex


16 Nov 2016, New York City, United States

Trump Place on Manhattan's Upper West Side is about to drop the president-elect's name after an outcry by residents; instead, the three buildings at 140, 160, and 180 Riverside Boulevard will be renamed for their street addresses. Read more.

Phoenix’s Great American Tower Sold in $49 Million Transaction


14 Nov 2016, Phoenix, United States

A Colorado-based real estate owner and developer has purchased Great American Tower – a landmark 24-story high-rise office building in the heart of Phoenix’s Midtown office submarket – in a deal said to be worth around $49 million. Read more.

Shadow Concerns Cast Doubt on Plans for Boston’s Winthrop Square Tower


11 Nov 2016, Boston, United States

Plans to erect a 55-story tower where the city-owned Winthrop Square Garage now looms have been thrown into doubt due to concerns over the shadows that the Boston building might cast on the Public Garden and the Common. Read more.

City of San Francisco Suing Millennium Tower Developer


09 Nov 2016, San Francisco, United States

The City of San Francisco is filing a lawsuit against the developer of the 58-story Millennium Tower, which has sunk 16 inches (40 centimeters) since completion, causing it to tilt, among other issues. Read more.

One Manhattan Square Launches Sales on New York’s Lower East Side


08 Nov 2016, New York City, United States

Extell has teased the sales launch on its highly-anticipated development, One Manhattan Square, for months. Now, that day is finally here, with several listings live on the building’s newly designed website. Read more.

Heritage Group Maintains Objections to Redesigned London Development


08 Nov 2016, London, United Kingdom

Local heritage preservation group Historic England is still objecting to designs by Renzo Piano for a new building next to Paddington station because of the impact it will have on nearby listed buildings. Read more.

Construction Contractor Selected for Dubai’s Paramount Tower Hotel & Residences


02 Nov 2016, Dubai, United Arab Emirates

A construction contractor has been awarded a contract by a developer to build the residential floors of the Paramount Tower Hotel & Residences in Dubai. Residences are located on levels 37 through 63 of the 64-story project. Read more.

San Francisco’s Millennium Tower Awaits Peer Review as Building Inspectors Face Tough Questions


31 Oct 2016, San Francisco, United States

San Francisco plans to assemble a peer review panel to examine a developer’s new engineering report, stating that the sinking and leaning Millennium Tower is safe; however, when that review will begin remains unclear. Read more.

Investors Proceed with 22 Bishopsgate in City of London


28 Oct 2016, London, United Kingdom

The main investor of 22 Bishopsgate has said it will continue development of the skyscraper. The announcement follows reports that it would ask the scheme’s remaining backers whether they should proceed following Brexit. Read more.

Major Tenant Signs Lease for Office Space in Edmonton’s Stantec Tower


26 Oct 2016, Edmonton, Canada

A major tenant has leased the 27th floor of the 66-story Stantec Tower. Once finished, the tower will not only be the tallest structure in Edmonton, but the tallest in Western Canada, according to developers. Read more.

Top Floors of Denver’s Historic Daniels & Fisher Clock Tower Up for Auction


21 Oct 2016, Denver, United States

On October 26, auctioneers for the Daniels & Fisher Clock Tower on the 16th Street Mall will open the bidding for floors 17 though 20 at $4.25 million with an undisclosed reserve. The property has been on the market for $4.5 million. Read more.

Heritage Group Looks to Prevent Manchester towers


20 Oct 2016, Manchester, United Kingdom

The Twentieth Century Society, a heritage preservation group, is objecting to a pair of towers planned in Manchester by Make for footballers-turned-developers Gary Neville and Ryan Giggs, despite backing for the project by city councilors. Read more.

Ground Breaking Held for Upcoming Square Station Development in Miami


19 Oct 2016, Miami, United States

A Miami-based developer recently held a ground breaking for Square Station – a new multifamily rental complex in downtown’s Arts and Entertainment District – after successfully landing a $103 million bank loan. Read more.

Parramatta, Sydney’s First Five-Star Hotel to be Housed at 8 Phillip Street


19 Oct 2016, Sydney, Australia

The 8 Phillip Street mixed-use apartment tower in Sydney’s Parramatta neighborhood will house the district's first five-star hotel and resort offering. Comprising 55 stories upon completion, the development is scheduled to open in 2020. Read more.

Major Tenants Secured for Proposed Developments at 447 and 80 Collins Street in Melbourne


17 Oct 2016, Melbourne, Australia

The week of October 10 has seen two noteworthy commercial leasing deals unveiled as major tenants each reportedly secure about 6,000 square meters of space at proposed developments at 447 and 80 Collins Street. Read more.

Lawsuit Filed Against Porsche Design Tower in Sunny Isles Beach


12 Oct 2016, Sunny Isles Beach, United States

The Porsche Design Tower in Sunny Isles Beach is nearing completion, but could suffer a pricey hiccup after the condo association behind the neighboring Millennium Tower filed a lawsuit for alleged damages received during its construction. Read more.

Owners in San Francisco’s Millennium Tower Ask for Property Tax Cut


06 Oct 2016, San Francisco, United States

Owners of 163 condominium units in San Francisco’s Millennium Tower have petitioned the city to reduce their property taxes to reflect their sinking market values following revelations of the tower's greater-than-expected settling. Read more.

Developer sells 65 Percent of New Dubai Marina Project Ahead of Launch


04 Oct 2016, Dubai, United Arab Emirates

A Dubai developer has presold about 65 percent of its latest Dubai Marina project ahead of its launch. The building will be on a site on the western side of the Marina, next to the Wyndham Dubai Marina and the New Rove Hotel. Read more.

Billionaire Buys $550 Million Madrid Skyscraper


03 Oct 2016, Madrid, Spain

Amancio Ortega, thought to be Europe’s richest man, has bought one of Madrid’s most famous skyscrapers, the Torre Cepsa, for USD$550 million through his property investment arm, according to sources. Read more.

New York’s One Vanderbilt Moves Ahead as Financing is Secured


29 Sep 2016, New York City, United States

SL Green Realty Corp, New York City's largest commercial property owner, has announced that it has closed on $1.5 billion of construction financing for One Vanderbilt designed by Kohn Pedersen Fox Associates. Read more.

Swanston Central Hits 95 Percent Pre-Sales As Construction Commences on Melbourne Tower


29 Sep 2016, Melbourne, Australia

Swanston Central, one of the largest residential towers to be constructed in Australia in 2016, has achieved 95 percent pre-sales with buyers flocking to secure space at the 71-story, Elenberg Fraser-designed tower. Read more.

Sydney's 26-Story 333 Kent Street Tower Sold


28 Sep 2016, Sydney, Australia

The upcoming 26-story office tower at 333 Kent Street has been sold for AUD$88,888,888.88 – a price inspired by the number eight, which is considered the luckiest number in Chinese culture. Read more.

Tribune Tower to be Revamped into Mixed-Use Redevelopment Following Sale


28 Sep 2016, Chicago, United States

A Los Angeles-based developer has officially completed the $240 million purchase of the Tribune Tower, with plans to transform the historic North Michigan Avenue property into a mixed-use redevelopment. Read more.

Sales Launch for 565 Broome SoHo in New York


22 Sep 2016, New York City, United States

New renderings depicting the final design are now available for the 25-story, 115-unit mixed-use building under development at 565 Broome Street in Hudson Square. The renderings come as sales have launched for the project’s condominiums. Read more.