
The Chinese government remains silent about why it has permitted construction to resume on a 117-story skyscraper in Tianjin city nearly a decade after it was abandoned.
The Chinese government remains silent about why it has permitted construction to resume on a 117-story skyscraper in Tianjin city nearly a decade after it was abandoned, China media are reporting, with a goal to complete it by 2027. The project's $78-million construction permit has caused some surprises because China’s property sector is struggling to find buyers amid an economic slowdown. The building, originally named Goldin Finance 117, has remained the world’s tallest unoccupied building since 2015, when financial fallout from a Chinese stock market crash forced the project's Hong Kong-based real estate developer to liquidate.
ENR may be contacted at enr@enr.com