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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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Detroit Art Deco Skyscraper Poses Real Estate Opportunity


05 Mar 2013, Detroit, United States

Florida-based Luke Investments has placed its art deco David Stott Building in downtown Detroit on sale for $10.4 million. The 84-year-old tower, though almost totally empty, poses an opportunity to be transformed into a successful mainly residential building, according to Curbed Detroit. Read more.

Seattle's Oldest Tower Celebrates Recovery


20 Feb 2013, Seattle, United States

In 2012, just 19 percent of the office space was let in Seattle's oldest skyscraper, Smith Tower. A year later, occupancy has risen to 50 percent and is likely to increase to 75 percent within a couple of months, the Seattle Times reports.Read more.

Committee Approves Tower Repurposing in Croydon


13 Feb 2013, Croydon, United Kingdom

The London Borough of Croydon's planning committee has granted permission to developer Legal & General (L&G) to convert an office building in East Croydon into 288 apartments. The 24-story St. George's House was once the headquarters of Nestlé, until the company moved last year. Read more.

Silverstein Plans Beekman Tower Renovation


05 Feb 2013, New York City, United States

Silverstein Properties has acquired the Beekman Tower Hotel, a New York City landmark built in 1929, for $82 million. The company and its partners plan to transform the two-tower property into a luxury corporate apartment destination that will reportedly require a minimum stay of 30 days. Read more.

New Owner Outlines Plan for Salvaging Mies Towers


30 Jan 2013, Detroit, United States

Automotive millionaire Gregory Jackson purchased the Lafayette Towers in Detroit and has offered plans for the restoration of the Mies van der Rohe-designed project. He wants to update the buildings with amenities intended to specifically attract young professionals. Read more.

Real Life Lord of the Rings Tower Sold


30 Jan 2013, Birmingham, United Kingdom

An English charity for the homeless has purchased the tower which reportedly inspired one of J. R. R. Tolkien's towers in Lord of the Rings. The charity bought the dilapidated seven story, seven room Perrott's Folly Tower for one pound. Read more.

Sony Tower Sells for ‘Aggressive’ Price


22 Jan 2013, New York City, United States

New York's post-modernist Sony Tower, formerly owned by AT&T, has been sold to Joseph Chetrit, a real estate developer who plans to convert the building into a luxury hotel and residential tower. The Chetrit Group signed a $1.1 billion contract to purchase the 37-story Philip Johnson-designed tower on January 18. Read more.

Waldorf Astoria Opens in Berlin Tower


04 Jan 2013, Berlin, Germany

The Waldorf Astoria has opened a hotel in the new 118-meter Zoofenster skyscraper in Berlin’s Charlottenburg district. The 232-room hotel is designed in an art-deco style and includes a presidential suite on the top floor. Read more.

Revisiting a Chicago Icon


18 Dec 2012, Chicago, United States

Ongoing renovations at Chicago’s Wrigley Building have exposed some of the towers' original bricks and other parts of the building's bones. The work inspired Stephan Benzkofer at the Chicago Tribune to write an article detailing the history of the iconic tower. Read more.

Israel's Capital Encourages Vertical Projects


13 Nov 2012, Tel Aviv, Israel

Foundation work has begun on a 110-meter (360-foot) high-rise in Tel Aviv, which will include the country's most expensive penthouse. The city is also moving to encourage vertical expansion in the city by allowing property owners to construct additional floors on existing structures. Read more.

Detroit Celebrates Two Imminent Residential Openings


16 Oct 2012, Detroit, United States

The highly anticipated redevelopment of the Broderick Tower, 124 apartments on the edge of Detroit's CBD, is now just days from opening to tenants, property manager Eric Novak told MLive Detroit. The newly completed Auburn apartment building will also open within a month. Read more.

Gehry Tries His Hand at Renovating a Mies-Inspired Building


05 Oct 2012, Miami, United States

The National YoungArts Foundation has acquired the famed Bacardi Tower and Museum campus in Miami. Internationally acclaimed architect Frank Gehry has been retained to design a master plan that preserves the historic tower building while creating a "multidisciplinary arts campus and park." Read more.