In a few speeches I’ve given recently, I’ve talked about the incredible impact Broad Group’s system of remanufacturing skyscrapers and building them for a fraction of the cost will have on our skylines, urban planning, and ability to all move to the core downtowns of major cities. Well, they just got the go ahead to build their biggest building yet. It’s going to be the tallest in the world, and they’re going to build it in 6 months. It starts next month.
“The building is to cost $628 million and have 11 million square feet of space inside, which is about $60 per square foot. A 1000 square foot apartment would cost the developer about $60,000 and might sell for about $100,000. This would lower the cost of living in megacities like Shanghai, Changsha or New York. The lower cost versus $300 to 1000 per square foot for buildings like the Trump Tower Chicago or Freedom tower means that skyscrapers could hold not just expensive offices but also regular apartments, grocery stores, hospitals, schools and other regular applications. The low cost enables a city inside a skyscraper and not just high end offices, luxury apartments and high end restaurants.”
I really think this is one of the most underlooked, game changing developments of the last few decades we’re about to see.
1) more people in cities increases creativity (due to simple random exchange of ideas, it’s a known effect), decreases infrastructure needs on a per capita basis.
2) cities are greener
3) the invention of steel skyscrapers, and then elevators, in many places changed the landscape and economic impact and power of cities. This is another major accelerant for cities.
Take a look at the city before the invention of the elevator and after. Or when they moved from brick to steel.
Then make a similar jump for this new form of manufacturing.