Moving on Up: 2021 Looks Like Good Year for Skyscraper Builds After 2020 Dip

Marc Rapport, The Motley Fool
·4 min read

The pandemic put the hurt on a lot of new construction in 2020, including that of the tallest buildings. According to the Council on Tall Buildings and Urban Habitat (CTBUH), only 106 buildings of 200 meters (656 feet) or more were built on the planet last year, the fewest since 2014. “As a global pandemic took hold in the first quarter, numerous projects around the world, at various stages, ground to a halt as restrictions on assembly came into force,” the CTBUH said in its annual report.