A massive skyscraper in China remains unfinished more than 15 years after construction began, earning it a world record for the tallest unoccupied building . Construction on the Goldin Finance 117 building in Tianjin began in 2008 but was paused two years later, during the fallout of the global financial crisis. Work on the 1,957 ft skyscraper resumed in 2011, with an estimated completion date of 2018.
Empire State Building beats Eiffel Tower to world's top tourist attraction title $1bn LA skyscraper tagged with 27 FLOORS of graffiti days before Grammy Awards But the building's owner, Hong Kong-based developer Goldin Properties, ran into financial difficulties in the aftermath of the Chinese stock market crash in 2015 and was forced to suspend work on the structure that same year. Before work was canceled, Goldin Finance 117 was named the world's fifth tallest building. It was set to be a mixed-use luxury development, featuring 128 floors, 117 of which were planned as hotel and commercial space.
The budget for the building was $820m dollars but rose to $1.2bn once the decision was made to include a shopping center in it, according to SkyscraperCity Forum. In 2020, China effectively banned the construction of buildings over 1,640 feet due to safety concerns.
The order was partly motivated by the failure of the Goldin Finance 117 project. In naming the skyscraper the world’s tallest unoccupied building, Guinness World Records said the project was destined to fail. “In addit.