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MULTI ENVISIONED FOR BENDING TOWER
Among the 10-plus supertall projects planned for Midtown Manhattan's "Billionaire’s Row" neighborhood, The Big Bend proposal envisions a tower that bends over on itself to create an inhabitable arch. ArchDaily reports it would stretch 4,000 ft. long in total, meeting the ground in two locations and straddling several existing buildings. thyssenkrupp’s MULTI would be used to circulate people through it.
PING AN FINANCE CENTER COMPLETED
Ping An Finance Center is officially complete, according to the criteria established by the Council on Tall Buildings and Urban Habitat (CTBUH). CTBUH stated that at 599 m, it is the tallest building in Shenzhen, China; the second-tallest in the country; and the fourth-tallest in the world, behind only the Burj Khalifa, Shanghai Tower and Makkah Royal Clock Tower. Designed by Kohn Pedersen Fox Associates and developed by Ping An Finance Center Construction & Development, it has the largest stainless-steel façade in the world, which tapers to form a pyramid.
UPDATE ON CREEK HARBOUR, NOW “THE TOWER”
"The Tower" by Emaar Properties is planned as Dubai's new tallest tower and possibly the world's tallest tower. Once known as "Dubai Creek Harbour," it will house an oval-shaped bud with 10 observation decks, including "The Pinnacle Room," which will offer 360° views of the city, according to a statement from engineering firm Auercon, which will work with architect Santiago Calatrava on the project. Toshiba Elevator Middle East is providing the elevators, and Lerch Bates Inc. is the architect consultant. Completion is expected by 2022. Reported by M.J. Mohamed Iqbal, EW Correspondent
INDUSTRY REPORT FOR AUSTRALIAN MARKET RELEASED
Reportstack is now offering “Elevator and Escalator Market in Australia 2017-2021” by Technavio. The report indicates the industry in the country has been growing at a moderate rate and is forecast to grow at a combined annual growth rate of 3.78% during 2017-2021. The in-depth market analysis includes inputs from industry experts and a discussion of the key vendors in the market. It also covers the market landscape and its growth prospects over the coming years, in part due to Chinese resurgence in commercial and residential real estate.
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