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After nearly a decade of standing dormant, the Goldin Finance 117 tower in Tianjin, China once the world’s tallest abandoned skyscraper is officially back under construction.
Originally designed as a luxury mixed use mega project, the 597-meter “Walking Stick” was halted due to financial collapse during the 2015 Chinese stock market crash. For years, it stood as a symbol of over leverage and ghost cities.
But now, a 2025 permit has greenlit its completion, with new developers (P&T Group and BGI Engineering Consultants) stepping in. The new purpose hasn’t been fully disclosed, but early reports suggest potential changes to the original vision of offices, luxury hotel, and an observation deck.
It’s set to be completed in 2027, making it China's third tallest and the sixth tallest building in the world.
Is this a smart move to restore confidence in China's real estate market? Will it succeed or become another monument to ambition?