Story perspectives

Goldin Finance 117 Skyscraper Set to Restart After Decade

4/25/2025

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Summary

Story summary

Construction of the Goldin Finance 117 skyscraper in Tianjin, China, could restart next week after a decade-long pause.
The 597-meter (1,959-foot) tower was originally scheduled for completion in 2017 but stalled due to financial challenges.
New financing indicates a change in project management, with state backing to stabilize the real estate sector.
Experts warn against reviving unsustainable "vanity projects" in urban development despite the resumption of construction.

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Story summary

Construction of the Goldin Finance 117 skyscraper in Tianjin, China, could restart next week after a decade-long pause.
The 597-meter (1,959-foot) tower was originally scheduled for completion in 2017 but stalled due to financial challenges.
New financing indicates a change in project management, with state backing to stabilize the real estate sector.
Experts warn against reviving unsustainable "vanity projects" in urban development despite the resumption of construction.