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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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Astaka Project to Include Malaysia's Tallest Residential Building

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05 Jun 2013, Johor Bahru, Malaysia

Developers are planning Malaysia's tallest residential building, a 301-meter (988-foot) luxury tower in the city of Johor Baru. The Astaka tower is phase one of a MYR4 billion (US$1.2 billion) development that will ultimately include three office towers, two additional residential towers and a major shopping mall. Read more.


Dubai's Infinity Tower Completed

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05 Jun 2013, Dubai, United Arab Emirates

Saudi Arabian developer Cayan Investment & Development will celebrate the inauguration of Dubai's Infinity Tower next Monday, June 10. The 75-story building spirals 90 degrees from base to tip and was designed and built by Skidmore Owings & Merrill and contractor Arabtec. Read more.


PRP Moves Forward with Royal Arsenal Homes

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04 Jun 2013, London, United Kingdom

Residential developer Berkeley Homes has received planning consent for the first phase of its Royal Arsenal Riverside development. Located over the proposed Woolwich Crossrail station, the PRP Architects-designed 10- and 20-story towers will feature 219 apartments. Read more.


Public Library to Form Podium of Baccarat Tower

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04 Jun 2013, New York City, United States

The Donnell Library on West 53rd Street in New York will be rebuilt at the base of Tribeca Associates and Starwood Capital's Baccarat Hotel & Residences tower. Designed by TEN Arquitectos, the new $20 million space will include an auditorium, a children's reading room and a technology hub. Read more.


SOM Joins the Timber Tower Party

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04 Jun 2013, Chicago, United States

Skidmore Owings & Merrill has released its Timber Tower research, studying the structural viability of a 42-story mass timber-framed prototype building. The 400-foot tower features a hybrid system in an effort to achieve the most efficient structural combination of mass timber, concrete and steel to reduce the carbon footprint. Read more.


GM Building Stake Sale Breaks Records

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04 Jun 2013, New York City, United States

A pair of foreign real estate developers has acquired a 40 percent stake in the General Motors Building. According to the Wall Street Journal, the stake sold for $1.4 billion, valuing the property at $3.4 billion. The transaction is the highest valuation for a property in the US since the GM Building sold in 2008. Read more.


The Empire State is Going Public

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03 Jun 2013, New York City, United States

The owners of the Empire State Building have obtained the go-ahead to take the iconic tower public. Investors of the company that owns the skyscraper have approved a plan to sell shares in the building to the public, a move which could reportedly raise as much as $1 billion. Read more.


JPA Designs Luxury Housing Block in India

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03 Jun 2013, Chennai, India

International practice John Portman & Associates (JPA) has released the design of its True Value Homes (TVH) development in Chennai on the banks of the Adyar River. The four-tower block was inspired by the city's historic Madras textiles and will include 108 luxury residences. Read more.


Canary Wharf Group Pursues Next Tower

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03 Jun 2013, London, United Kingdom

The Canary Wharf Group has revealed plans to build a 500-foot (152-meter) residential tower on the western end of the estate. The proposed building, which has been dubbed the Diamond Tower would include 500 apartments and be the first fully residential tower in the development. Read more.


Manhattan Tower Deal Marks Largest Commercial Sale in Three Years

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03 Jun 2013, New York City, United States

The Carlyle Group has agreed to sell its 27-story office and retail tower at 650 Madison Ave. to Crown Acquisitions and Highgate Holdings for $1.3 billion. The purchase of the 600,000-square foot (56,000-square meter) building is the largest commercial property deal of its kind in the US since 2010. Read more.