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August 18, 2013

Construction starts on Baoneng Shenyang Global Financial Centre in China

Construction has started on the £1bn Baoneng two-tower Shenyang Global Financial Centre in Shenyang city of China, designed by the UK-based architectural firm Atkins.

By admin-demo

Pearl of the North

Construction has started on the £1bn Baoneng two-tower Shenyang Global Financial Centre in Shenyang city of China, designed by the UK-based architectural firm Atkins.

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The 565m tower, dubbed the Pearl of the North, will feature 111 floors, offices and an executive club at the top.

The second tower will be 328m high, spanning 34 floors, featuring offices and a 320-room hotel, which will include a 3,000m² banquet hall and 6,000m² of associated facilities to house automobile showcases.

Both towers form part of the masterplan for an area of 58.5ha, known as the Golden Corridor Youth Street in the central business district.

The development will overlook Youth Park and the Nanyun River to the east.

In addition to the two tall towers, the complex will feature five 200m residential towers above a large shopping mall.

Atkins has secured a contract from Baoneng Real Estate Development to provide architectural design, including concept design, scheme design, preliminary design and façade design development for the two towers.

Atkins senior architectural design director for Asia Pacific KY Cheung said that apart from meeting seismic codes and international standards, the project has to be efficient and satisfy a tight construction schedule.

"It showcases Atkins’ expertise in designing super-tall towers, but more importantly it is a landmark project that achieves the client’s and stakeholders’ expectations," Cheung said.

Construction of the complex is expected to be completed in 2018.

Earlier in 2013, Atkins secured a contract to develop guidance for eco low-carbon urban planning in China.


Image: The 565m Pearl of the North tower will feature 111 floors and offices. Photo: courtesy of Atkins.

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Internet of Things set to transform the construction industry

The Internet of Things (IoT) is proving hugely beneficial to the construction industry, allowing different assets and people to be monitored and accounted for across a traditionally fragmented industry. As a result, companies that invest in IoT now promise to make long-term gains in the industry. According to GlobalData forecasts, spending on IoT in construction will reach $9.6bn by 2025. For an industry that has large sites to manage, strict project timelines, hazardous working conditions, and tight profit margins, IoT can create a manageable view of construction sites for project managers, streamline operations, and protect workers. In addition, it allows real-time data streams of assets, automates time-consuming tasks, and ensures employee safety and productivity. IoT integration with equipment manufacturing also has rich advantages for asset monitoring sensors. This, combined with artificial intelligence (AI) can help forecast materials and workers needed during the procurement stage and assist in forecast financing. Read GlobalData’s whitepaper to find out more, including information on:
  • IoT value chain
  • Market size and growth forecasts
  • Mergers and acquisitions
  • Leading IoT adopters in construction
  • Specialist IoT vendors in construction
Don’t get left behind – find out how IoT can fortify your operations and make investments now.
by GlobalData
Enter your details here to receive your free Report.

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