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Forums » Commercial Real Estate Investing Forum » China to Build World's Tallest Skyscraper in 90 Days! Do You Believe it?

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

13 posts by 11 users

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BiggerPockets Founder · Denver, Colorado


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?


Small_bp-squareJoshua Dorkin, BiggerPockets
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Developer · Orlando, Florida


My prediction:

http://www.gizmodo.com/5304233/entire-new-13+story-building-tips-over-in-shanghai/gallery/1



Real Estate Investor · Garland, Texas


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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Real Estate Investor · Michigan


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.



Real Estate Investor · Coos Bay, Oregon


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.



Real Estate Investor · Audubon, Pennsylvania


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
Telephone: 6109082183
...


Developer · Orange County, California


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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PARLAY: definition: to increase or otherwise transform into something of much greater value


Real Estate Investor · Garland, Texas


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
E-Mail: [email protected]
Telephone: 214-929-6545
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Residential Real Estate Agent · Jacksonville, Florida


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.



· Denver, Colorado


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.



Real Estate Investor · Sparks, NV


Originally posted by Steve K:
My prediction:

http://www.gizmodo.com/5304233/entire-new-13+story-building-tips-over-in-shanghai/gallery/1

The building next door to the one that fell over looks identical. I bet it's cheap right now.



· East, Texas


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.



Real Estate Investor · Audubon, Pennsylvania


And China also produced this doozy:

http://xfinity.comcast.net/video/Raw-Chinese-Highway-Built-Around-Home/9754179893/Comcast/TopVideos/

Seriously!?!


Steve Babiak, Redeeming Properties, LLC
Telephone: 6109082183
...




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