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Megatalls Discussions of projects under construction at least 600m/2,000 ft tall.



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Old February 10th, 2014, 06:16 PM   #781
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Old February 10th, 2014, 06:32 PM   #782
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I see a worker!!! hopefully they will restart soon...
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Old February 10th, 2014, 11:44 PM   #783
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I see a worker!!! hopefully they will restart soon...
It will
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Old February 11th, 2014, 11:41 PM   #784
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Old February 19th, 2014, 07:19 PM   #785
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2014-02-19 by 中建钢构武汉绿地中心项目部



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Old February 20th, 2014, 11:24 PM   #786
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Old February 22nd, 2014, 01:48 PM   #787
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No movement for the past few months. Is this project already at a standstill?
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Old February 22nd, 2014, 03:14 PM   #788
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No movement for the past few months. Is this project already at a standstill?
They did alot in the last few months . There was just Chinese new year not long ago. They just restarted.
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Old February 25th, 2014, 04:04 AM   #789
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They did alot in the last few months . There was just Chinese new year not long ago. They just restarted.
Good point about the Chinese New Year. Will like to see any activity again.
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Old February 25th, 2014, 10:24 AM   #790
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When will they resume the construction??
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Old February 25th, 2014, 11:22 AM   #791
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When will they resume the construction??
In this program (https://www.youtube.com/watch?v=YW3h4wv8_ko) the Greenland CEO quote a 180 m2 unit for 3 million yuan.
To me that is far too cheap and a good indication this project will NEVER be completed.
Only time will prove if I am right.
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Old February 25th, 2014, 01:07 PM   #792
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this is crazy, but china can build 3 towers more then 600m
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Old February 25th, 2014, 02:40 PM   #793
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Great diagrams! I am confused though. Does this indicate that their will only be stairs up to the 79th floor? What happens in an emergency? Are there specially designed elevators to work in all situations?
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Old February 25th, 2014, 08:14 PM   #794
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Great diagrams! I am confused though. Does this indicate that their will only be stairs up to the 79th floor? What happens in an emergency? Are there specially designed elevators to work in all situations?
The stair case just moves to a different part of the core at that level. You can see it move to the left and go up at a different angle on that diagram.
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Old February 25th, 2014, 08:23 PM   #795
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Ah yes I see it now
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Old February 26th, 2014, 12:05 AM   #796
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Well, the central government will eventually bail out the local governments and redirect certain tax revenues to them.

How do you know this is a local "prestige project"? Greenland is a state-owned company, based in Shanghai. This tower has nothing (except the land sale) to do with the local government. Greenland is still highly profitable.

So again, what is the connection between local government debt and this tower?

Edit: In general, those Chinese "prestige projects" are more profit-driven than most people (especially in the West) think.

Last edited by cfredo; February 26th, 2014 at 12:17 AM.
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Old February 26th, 2014, 12:23 AM   #797
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I'm no expert - sorry if I tired to sound like one. I just reacted to the mayors reaction.

But if Beijing does bail out megatalls in trouble then I hope they get going with all the different ones that are proposed and stop building the littlle side towers first
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Old February 26th, 2014, 12:25 AM   #798
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http://www.bloomberg.com/news/2014-0...-projects.html

BBC is just jealous
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Old February 26th, 2014, 12:35 AM   #799
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Quote:
Originally Posted by KøbenhavnK View Post


I'm no expert - sorry if I tired to sound like one. I just reacted to the mayors reaction.

But if Beijing does bail out megatalls in trouble then I hope they get going with all the different ones that are proposed and stop building the littlle side towers first
It's ok.
I'm more tired of those documentaries made by journalists without any insight on the system or basic financial/economic knowledge: "Ohhh debt is bad...ohh those are high numbers...so this is all going to fail and I uncovered it!"

I don't think those towers need to get bailed-out. Those large developers like Greenland are financially in a good position. Even foreign developers like Silverstein or CapitaLand are moving into the Chinese market, which should be a good sign, at least for the profitability in the market.

I think now we're really offtopic...
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Old February 26th, 2014, 03:34 AM   #800
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I don't follow your logic. China doesn't "borrow" she simply has the fastest growing economy in the world, and this is just simply a manifestation of that. For a country that buys trillions of America's debts, don't you think they'd have more than enough money to build 3 megatalls?
Since 2008 we have been spoon fed that the Chinese economy is growing 7-9% yearly. Granted there is some truth to the growth, but during that same time the Chinese stock market has dropped 65%. Something is just not right.
I lived in Asia during the 1997 Asian Crises and it was sad to see prestigious project just being abandoned like skeleton building. Some of which are just being complete now, 17 years later.
I think the Greenland Center is too ambitious and too late in the Chinese property bubble.
Lets get back to the building site. Any new pictures of the hole in the ground?
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