Dubai to build tallest tower, beating its own record
 

Dubai to build tallest tower, beating its own record - AJE News

Recession, what recession!!

Re: Dubai to build tallest tower, beating its own record
 

Groundworks to start in June / July. :rofl::rofl::rofl:

Re: Dubai to build tallest tower, beating its own record
 

Site investigation is underway I think.... As such, ground works in July looks a tad overoptimistic!

Re: Dubai to build tallest tower, beating its own record
 

There is a very close coloration between a large recession and the delivery/announcement of a tower.


http://cdn.static-economist.com/site...FNC672_595.png

This tower seems too late to be announced. It will be the Jeddah Tower that breaks the camels back this time.:

Re: Dubai to build tallest tower, beating its own record
 

Delivery makes sense. They're the peak of a boom. Announcement doesn't, but then I don't know which of these are announced or delivered....

The one in Jeddah is moving, slowly. It's a tough one for sure.

Re: Dubai to build tallest tower, beating its own record
 

Generally, they get announced near the peak of the boom, and delivered into the recession. Deffo was the case for the Burj (delivered into 2010 recession - peak was 2007) and Canary Warf (1980s not shown here).

Re: Dubai to build tallest tower, beating its own record
 

Yeah, thought as much.

Looking at that chart shows just how mental the Chrysler and Empire State towers were for the time.