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China to Build World's Tallest Skyscraper in 90 Days! Do You Believe it?

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Joshua Dorkin Verified Donor

BiggerPockets Founder from Denver, Colorado

Nov 20 '12, 06:17 AM
1 vote


I just came across the following story on Gizmodo:
China Will Build the Tallest Building In the World in Just 90 Days

Now this building is going to be constructed of prefabricated materials, so I think the number is somewhat disingenuous, considering the time it will take to assemble these materials isn't included in the construction timeline, I believe (please correct me if I'm wrong here).

So . . . what are your thoughts?



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Jon Klaus Moderator Donor

Real Estate Investor from Garland, Texas

Nov 20 '12, 06:37 AM


This will be absolutely stunning if they pull it off. The Chinese version of putting a man on the moon. Or Mars.

The cost is one tenth of the cost of the current highest building in Dubai, $142 PSF, vs $1420 PSF for the Burj Khalifa.

If it were built in NYC, they could probably rent it for $70+ PSF. If operating expenses are typical, I'd guess the cap rate could be above 20%. Unheard of in a new multi-tenant building.

It's China's turn at the top for a while.

Truly amazing.



Jon Klaus, SellPropertyFast
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Rob K

Real Estate Investor from Michigan

Nov 20 '12, 07:30 AM
1 vote


It's amazing how fast stuff can be built when there are no unions involved.

Remember when that bridge in Japan was destroyed in the typhoon a few years back? They rebuilt it in five days. They are very industrius people.



Josh Stevens

Real Estate Investor from Coos Bay, Oregon

Nov 20 '12, 07:55 AM


I wonder if it will be turn key in 90 days? The article doesn't really say if the interior will be finished, just that it will be assembled and standing.



Steve Babiak

Real Estate Investor from Audubon, Pennsylvania

Nov 20 '12, 10:19 AM


But do you think they adhere to construction standards anything like ours here in the U.S.A.?

They (China) admit they are having problems with largest dam:
http://www.nytimes.com/2011/05/20/world/asia/20gorges.html?_r=0

And will it join this list?
http://ca.finance.yahoo.com/photos/world-s-10-ugliest-buildings-slideshow/



Steve Babiak, Redeeming Properties, LLC
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...


Karen Margrave Moderator

Developer from Orange County, California

Nov 20 '12, 12:57 PM


They may be able to build it, but I sure wouldn't want to live in it! Even with all the walls/floors, and everything prefabricated (which would have to include all plumbing, wiring etc.) I don't know how they could dig and install the concrete and build the infrastructure, footings, etc. in 90 days that would support such a tall building. If the foundation and framework were already in process I could see it.

But, I guess if you have massive numbers of people working 24/7, I guess you could do it. Crazy!



Karen Margrave, Parlay Investments, 1st American Construction
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Jon Klaus Moderator Donor

Real Estate Investor from Garland, Texas

Nov 20 '12, 01:02 PM
1 vote


But, I guess if you have massive numbers of people working 24/7, I guess you could do it. Crazy!

Like the pyramids.



Jon Klaus, SellPropertyFast
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Tim Czarkowski

Residential Real Estate Agent from Jacksonville, Florida

Nov 20 '12, 02:55 PM


Sounds impressive. If it works, even if it is one of the ten ugliest buildings, it will revolutionize skyscraper construction. If those costs are accurate it's all the more impressive. Being able to build towers that quickly and cheaply will likely lead to a building boom. Possibly even causing rents to decrease in areas such as New York.



Emilio R

Denver, Colorado

Nov 20 '12, 03:38 PM


The process will never translate to construction costs in the US unless a temporary worker visa is made into law that would allow us construction companies to pay a worker 5 dollars a day for a 12 hr shift. Even if such a law was passed, I don't see the Unions in NY letting that happen.

I also believe it is disingenuous to say that the building will be done in 90 days. How long to build the prefab parts? How long to finish the interiors so that the building is functional? How long to finish the flatwork and landscaping so that the approach to the building is functional? Is construction of the foundation included in that number?

I recently turned down a project in Malaysia and even with a large population that was looking for work the Malaysian contractors imported workers from Indonesia. They worked on site barefoot and their safety goal was to limit the deaths on the site. Their temporary barracks looked like something straight out of "Hell on Wheels."

It will be an amazing feat if they pull it off and prefabrication is definitely the future of construction, but I'm definitely skeptical.



Mike Reynolds

East, Texas

Nov 20 '12, 05:57 PM


Here is the biggest problem as I see it with a 90 day construction time. They will never have time to properly inspect every aspect of the structure. It will go up too fast to do that. This could never happen this fast here unless the inspectors were under the builders thumb or in his pocketbook. Here almost every bolt has to be inspected. I don't see that happening here with 5 floors being built a day. I know here the elevator guys cant even do an elevator that fast. And this one has 104 of them at high speeds.

But they will do it I am sure in 90 days anyway. The funny thing is that this was devised by an AC and heat company. I foresee a LOOOONNNNGGGG punch list on this one.



Florent Chapron

Shanghai, Shanghai

Jul 07, 08:24 PM
1 vote


Came accross your post, I wanna add a few updates: these 90 days are now long gone and so are the 200 days they estimated after realizing the world record  would never happened. Then they have revised upward their estimation  to 1 year and it was supposed to be done last month, June 2014...

Well, it's not. 



Jon Klaus Moderator Donor

Real Estate Investor from Garland, Texas

Jul 08, 03:24 AM


The site of the world’s tallest skyscraper is currently a melon patch

They better hurry, Saudi Arabia is planning a 1000 meter building.  

 


Jon Klaus, SellPropertyFast
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Joshua Dorkin Verified Donor

BiggerPockets Founder from Denver, Colorado

Jul 08, 08:09 AM


Thanks for the update, @Florent Chapron .  I'm not surprised.



Medium_bp-squareJoshua Dorkin, BiggerPockets
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