Council on Tall Buildings and Urban Habitat

Browse by Region:

Browse by Country:

Browse by City:

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.

CTBUH Global News RSS Feed Subscribe: Via RSS (Instructions) / Via Email
 Search

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

CentralParkTower_100.jpg

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

Chicago-post-office100.jpg

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

Dubai-Burj-Daman100.jpg

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

Dubai-Gate-Avenue100.jpg

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

Dallas-Multi-Tower100.jpg

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.


Teenager’s Daredevil Stunts on Mumbai High-Rises Raise Security Concerns

mumbai100.jpg

04 Dec 2017, Mumbai, India

Videos and photographs of a 17-year-old mechanical engineering student performing daredevil stunts on a high-rise under construction in Mumbai have gone viral on social media, leading to security concerns. Read more.


Hong Kong Office Tower 70% Leased Before Opening

Victoria-Dockside_100.jpg

30 Nov 2017, Hong Kong, China

The office component of the HK$20.3 billion (US$2.6 billion) New World Centre / Victoria Dockside complex in Kowloon, Hong Kong is already 70 percent leased, and will be fully rented by March or April 2018, when the entire building opens. Read more.


London High Court Challenge Against Paddington Cube Fails

London-Cube100.jpg

30 Nov 2017, London, United Kingdom

The London High Court has thrown out a legal challenge against Communities Secretary Sajid Javid’s decision not to call in the controversial £775 million ($1 billion) Paddington Cube development. Read more.


Chinese Conglomerate Attempts to Sell $5 Billion of Global Skyscraper Assets

Beijing-Chicago100.jpg

21 Nov 2017, Beijing, China

A Chinese conglomerate is offering to sell all five of its large-scale projects in Britain, the US, and Australia to a single buyer for an estimated US$5 billion, as Beijing tightens control over companies’ offshore investments. Read more.


High Court Ends Mumbai High-Rise Residents’ Exclusive Access to Public Park

durgamatatowers_ext-full_(c)dsk__group100.jpg

20 Nov 2017, Mumbai, India

After the intervention of the Bombay High Court, an enclosed 1,021-square-meter public garden in Cuffe Parade – used exclusively by residents of the high-rise DSK Tower – will now be accessible to the public. Read more.


St. Louis’ Former AT&T Tower Now For Sale

st-louis-at&t100.jpg

20 Nov 2017, St. Louis, United States

The largest office building in St. Louis, formerly known as One AT&T Center, is on the market after being foreclosed. The vacant 44-story office tower in the heart of the city’s central business district was put up for sale without an asking price. Read more.


Gold Coast Tower for Sale Could Fetch At Least AU$180 Million

gold-coast-100.jpg

10 Nov 2017, Gold Coast, Australia

A 35-story, 279-apartment Gold Coast tower – which is in the early stages of construction – is now on the market, and price estimates sit at around the AU$180 million (US$138 million) mark. Read more.


Dubai’s Langham Opens to Buyers Ahead of 2020 Completion

dubai-langham-100.jpg

02 Nov 2017, Dubai, United Arab Emirates

Modeled after The Langham hotel and residences in London, Langham Place Residences in Downtown Dubai will start selling units on Monday, November 6, ahead of opening its doors in the third quarter of Dubai’s Expo 2020. Read more.


Adelaide’s ANZ House is Up for Sale

adelaide-100.jpg

27 Oct 2017, Adelaide, Australia

Adelaide’s ANZ House, an office tower home to high profile tenants such as the Australian Bureau of Statistics and the South Australian government, is up for sale with price expectations of at least AU$200 million (US$153 million). Read more.


Karachi Business Leaders Protest Ban on High-Rise Buildings

Pakiostan-100.png

17 Oct 2017, Karachi, Pakistan

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is supporting builders and developers who are demanding that Karachi’s authorities drop their opposition to the construction of high-rise buildings. Read more.


Leading Investment Firm Takes Space at Melbourne Quarter

melbourne-quarter-100.jpg

13 Oct 2017, Melbourne, Australia

A leading investment firm has leased 9,720 square meters at One Melbourne Quarter, the first of three office buildings at the Melbourne Quarter precinct, which is located near the central business district and the Docklands. Read more.


Drone Flights Banned Near St. Louis Arch, Other National Landmarks

st-louis-drone-100.jpg

02 Oct 2017, St. Louis, United States

The US Federal Aviation Administration (FAA) is restricting drone flights within 400 feet (122 meters) of 10 national landmarks, including the St. Louis Gateway Arch and the Statue of Liberty. Read more.


London’s Paddington Cube Project Faces Second High Court Challenge

London-cube-100.jpg

28 Sep 2017, London, United Kingdom

The controversial Paddington Cube proposal will face a second High Court challenge, just weeks after another bid to derail the project moved forward. The challenge centers on safe access for ambulances to the neighboring hospital. Read more.


Facebook Takes 181 Fremont, in San Francisco’s Largest Office Lease in Three Years

san-fran-facebook-100.jpg

26 Sep 2017, San Francisco, United States

Facebook Inc. signed San Francisco's largest office lease in three years, taking the entire office portion of 181 Fremont. The 802-foot-tall (244-meter) tower in the Transbay district is set to open by the end of 2017. Read more.


Ho Chi Minh City’s “Ghost Tower” Seized as Collateral After Owners Fail to Repay Debt

saigon-100.jpg

13 Sep 2017, Ho Chi Minh City, Vietnam

The Vietnam Asset Management Company (VAMC) recently seized control of the unfinished Saigon One Tower – located in Ho Chi Minh City's downtown District One – as collateral over its investors' unpaid debt. Read more.


New York City “Courtscraper” to Include More Affordable Homes

NYC-VIA-57-100.gif

23 Aug 2017, New York City, United States

More apartments are being made available at affordable prices in VIA 57 West in New York. Nicknamed the “courtscraper,” the residential tower will host apartments that rent for $1,000 a month cheaper than an average Manhattan home. Read more.


Construction to Resume on New York Wheel After Fired Construction Firm is Replaced

newyorkwheel-100.jpg

16 Aug 2017, New York City, United States

After its owners fired its construction firm for repeated delays and rising costs, the New York Wheel is set to resume construction, and will rise 630 feet, making it the tallest observation wheel in the world. Read more.


Liverpool Green-Lights Two More Towers, Despite UNESCO Concerns

liverpool-two-towers-100.jpg

09 Aug 2017, Liverpool, United Kingdom

Liverpool City Council has approved the construction of 31-story and 15-story residential blocks near the historic Pier Head area, just weeks after being warned its UNESCO World Heritage site status was under threat. Read more.


China Asks Waldorf Owner Anbang to Sell Assets Abroad

beijing-100.jpg

02 Aug 2017, Beijing, China

Chinese authorities have asked Anbang Insurance Group Co., whose chairman was detained in June, to sell its overseas assets and bring the proceeds back to China. The company, however, said they have no plans to comply. Read more.


London's 20 Fenchurch Church Street Building Sold in Record-Breaking Deal

Walkie-Talkie-tower-100.jpg

28 Jul 2017, London, United Kingdom

London’s landmark 36-story “Walkie Talkie” building has broken records with its US$1.7 billion sale to a Hong Kong firm best known for making oyster sauce. The deal easily surpasses the previous record price for a single building in the UK. Read more.


New Images Revealed for 565 Broome SoHo Tower in New York City

565-Broome-Soho-100.jpg

28 Jul 2017, New York City, United States

Currently under construction, 565 Broome SoHo is expected to open its doors in 2018. With sales now underway, further images of the development have been revealed, detailing the scheme’s luxury interiors and wide-ranging amenities. Read more.


Foreclosure Imminent for New York City’s 111 West 57th Street Project

nyc-100.jpg

27 Jul 2017, New York, United States

The cost of building what developers claim to be the “World’s Skinniest Skyscraper” has ballooned so enormously that the 111 West 57th Street project, which is less than one-quarter complete, is now facing imminent foreclosure. Read more.


Manchester's Tallest Tower Recommended by Local Council

machester-100.jpg

26 Jul 2017, Manchester, United Kingdom

Plans to build a 67-story skyscraper in the heart of Manchester’s Trinity Islands development have been recommended by local planning officials, despite objections from heritage groups. Read more.


Contractor Selected to Develop Emirates Business Park in Dubai

Emirates-Towers-Business-Park-100.jpg

25 Jul 2017, Dubai, United Arab Emirates

A contractor has been selected to develop the mixed-use US$1.4 billion Emirates Business Park project, unveiled earlier this month, which will expand the emirate's financial free zone, the Dubai International Financial Centre (DIFC). Read more.


San Francisco’s Millennium Tower Sinks Another Inch But There Could be a Fix

millennium-tower-100.jpg

21 Jul 2017, San Francisco, United States

The Millennium Tower in San Francisco has sunk another inch in the past seven months, but on the brighter side, engineers have found a potential fix, which would entail drilling new piles down to bedrock from the building's basement. Read more.