Cover Story: Year in Review—Tall Trends of 2012

talltrendsby Kevin Brass, Dr. Antony Wood and Marty Carver

For the first time in six years, the number of tall buildings completed annually around the world declined in 2012, as the consequential effects of the 2008/2009 global financial crisis became evident in tall-building construction in many Western countries. Sixty-six buildings taller than 200 m were completed during 2012 — the third most in history, but down from the 82 finished in 2011. This number of completions was slightly lower than expected, with some projects under construction delayed or stalled. However, several of the projects forecast to finish in 2012 are now expected to be complete in 2013 and 2014, with global completion numbers expected to rise again next year.

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