Posted by Rapti Gupta on Jan 11, 2013 04:24 AM EST

Construction of High Rise Buildings to Shoot Up in 2013

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High Rise Sky Scrapers construction to hit new highs in 2013 (Photo : Reuters)

Ever imagined living life the "Jetsons" style in swanky sky high condos? 2013 might just be the year where the tall-building-community will welcome new members aboard.

In an annual review conducted by the Council of Tall Buildings and Urban Habitat, it was found that the rate of completion of tall buildings went down for the first time in the past six years. Around 66 buildings that measured more than 200 meters in height were completed in 2012, globally. However, in 2011, 82 buildings were completed that shows the difference and slump in sky rise building constructions.

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The global economic crisis may be to blame. Most buildings, whose plans had been approved, were delayed or held up because of construction issues. However, many projects are expected to wrap up by the end of 2013, making the year a positive time for completion of high-rises.

In the report, the council also observed that the total number of tall buildings went up three times since 2000. By the end of 2012, around 756 sky-rise buildings were accounted for; globally up from the 263 buildings counted in 2000. Regional disparities were also observed in construction rates. A large number of the completed buildings of 2012 were built in the Middle East and Asia. Around 16 Sky rise buildings were completed in the Middle East while the number of completed constructions in Asia was around 35. However, tall building construction was relatively slow in North America with only 2 tall buildings being completed in the U.S.

The rate of tall building developments is expected to spike in 2013. According to the report, around 437 tall buildings are already under construction. Another 59  buildings are expected to join the list of "the 100 tallest buildings of the world". Of the 59 new entrants, eight of them are expected to make it in the top 10.

China's "Sky City building" is expected to be constructed in just "90 days" which will be the tallest building of the world,  reports Huffington Post.

For now, Dubai's Burj Khalifa officially stands as the tallest building in the world measuring around 829.8 meters.

Construction of sky rises is an important infrastructure necessity. With diminishing construction space and larger metropolitan needs, sky rises are the savviest solution.

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