The most expensive skyscrapers currently under construction

Published October 15, 2025

Dubai Burj Khalifa skyline tallest building in the world top view at twilight downtown skyscrapers

It’s no secret that housing demand is on the rise, not just in North America but around the world. Skyscraper projects are key to meeting the housing demand in densely populated areas, particularly in Asia. Economic growth and urbanization also drive demand for commercial space. Skyscrapers like the Torre Rise, the Tokyo Torch, and the Rizhao Center are symbols of progress and engines of development. In this article, we’ll cover some of the most expensive skyscrapers currently underway across the globe.

1. International Land-Sea Center

Location: Chongqing, China
Size/specs: 458 m / 1,503 ft
Expected timeline: 2025
Developer: ARUP

The International Land-Sea Center, built beside the Jialing River in Chongqing’s Yuzhong District, has a floor area of over 500,000m². There are three towers, including a retail podium, and the building in its entirety is a mixed-use development that includes shopping, a hotel, concert venues, and residential living.

The developers produced a new type of concrete-filled steel tubular column-beam joint, called the T-shape Stiffening Rib, which improves strength reinforcement and construction efficiency. In transitional seasons, the public areas will utilize a new air conditioning system that uses outdoor cooling to regulate the building temperature, reducing emissions. The building also gathers condensate and uses it to replenish cooling towers in the commercial area, enhancing water resource efficiency.

2. Suzhou CSC Fortune Center

Location: Suzhou, China
Size/specs: 460 m / 1,509 ft
Expected timeline: 2028
Developer: China Overseas Enterprise Development Group Co., Ltd.

In 2028, the Suzhou CSC Fortune Center will overtake the Gate to the East as the tallest building in Suzhou, China. This skyscraper, designed by Skidmore, Owings & Merrill LLP, is one of three being built in Suzhou and will be a key addition to the iconic Suzhou skyline, adding to the city’s status as a significant architectural and economic hub.

The original design was meant to be inspired by traditional Suzhou patterns, but construction was stalled due to financial issues on the developer’s side. The original scale was also set to exceed 500m, but has been rescaled to 460 to adhere to the city’s law forbidding buildings over 500m.

3. JPMorgan Chase World Headquarters

Location: New York City, United States
Size/specs: 423 m / 1,388 ft
Expected timeline: 2025
Developer: Foster + Partners

New York City’s newest skyscraper won’t be the largest, but it will be the most sustainable. JPMorgan Chase World Headquarters is an all-electric, net-zero carbon emission structure, powered by renewable energy. It will integrate sensors, smart technology, and AI to improve and optimize indoor air quality. The project will also incorporate biophilic design, including increased daylighting and circadian lighting.

This new addition to the iconic Park Avenue will celebrate the city’s architectural history and incorporate modern skyscraper elements. Kicking off construction involved demolishing the existing 270 Park Avenue, and will upcycle a high percentage of previously used materials.

4. Torre Rise

Location: Monterrey, Mexico
Size/specs: 475 m / 1,559 ft
Expected timeline: 2026
Developer: Ancore Group

Mexico’s new mixed-use tower, Torre Rise, is about to be the new tallest building in Latin America. The project by Ancore Group will include a 180-room hotel, residential apartments, ample office space, and dedicated commercial areas. The project was designed with strong lines and a classic aesthetic in mind; it’s simple, elegant, and efficient.

The project developers are dedicated to sustainable construction, adhering to the strictest environmental certifications in Mexico. It features natural ventilation and water conservation systems, and also boasts an earthquake-resistant build.

5. Rizhao Center

Location: Rizhao, China
Size/specs: 485 m / 1,591 ft
Expected timeline: 2028
Developer: Beijing Tsinghua Tongheng Urban Planning & Design Institute Co., Ltd.

The Rizhao Center in Rizhao, China, is another mixed-use building. Scheduled for completion in 2028, the building will feature a hotel, residential, and office space all within one structure. The Rizhao Center will integrate technology, tourism, and cultural activities for all to enjoy. The design also features a green roof with a variety of fresh vegetation.

This skyscraper will serve as a symbol of Rizhao’s urbanization and its aspiration to achieve global status and recognition. The goal is to boost business and economic development within the area by fostering community between work and living spaces.

6. Six Senses Residences – The Palm

Location: Dubai, UAE
Size/specs: 517 m / 1,696 ft
Expected timeline: 2028
Developer: Select Group

Some skyscrapers are made to serve as a status symbol for the region. Others, such as the Six Senses Residences in Dubai, prioritize holistic wellness. This project by Select Group features fitness centers, spas, and areas dedicated to wellness activities. It’s also designed to be largely sustainable, incorporating energy-efficient heating and cooling systems, as well as a plastic-free policy.

The hotel and resort project balances shared spaces and social areas with residences and a hotel, encouraging a strong sense of community. Residents can also enjoy personalized services catered to their preferences. The building is set to open in 2028.

7. Tokyo Torch

Location: Tokyo, Japan
Size/specs: 390 m / 1,280 ft
Expected timeline: 2027
Developer: Mitsubishi Estate Co., Ltd

The Tokyo Torch is Japan’s new tallest structure, featuring office space, an observation deck, and a high-end luxury hotel. The project, scheduled for completion in 2027, will incorporate sustainable building practices in its construction and design, including the integration of native plant species to enhance indoor air quality and minimize environmental impact.

Located in the National Strategic Special Zone and developed by Mitsubishi Estate Co., the Tokyo Torch will strengthen Japan’s economic status while also fostering community and unity among businesses and residents in the building. The “torch” name and design are intended to symbolize hope and light the way for Japan’s future.

8. Burj Binghatti Jacob & Co Residences

Location: Dubai, UAE
Size/specs: 595 m / 1,952 ft
Expected timeline: 2026
Developer: Binghatti and Jacob & Co.

Next year, Dubai’s Burj Binghatti will knock New York City’s Central Park Tower out of the top spot as the world’s tallest residential building. Developed by Binghatti and Jacob & Co., this unique project will house 299 units, ranging from 2-bedroom units to a 7-bedroom billionaire sky penthouse. Residents can enjoy full-time concierge service, an infinity pool, bodyguards, private chefs, chauffeurs, and more.

The striking design references Jacob & Co.’s jewelry and watches, and the structure sits in the heart of Business Bay, a bustling area for young professionals and millionaires. The skyscraper is expected to be completed in 2026.

9. Tour F

Location: Abidjan, Côte d’Ivoire
Size/specs: 421 m / 1,381 ft
Expected timeline: 2026
Developer: PFO Africa

Abidjan’s Tour F, located in the Ivory Coast, will become Africa’s tallest skyscraper, reaching 400 meters and 72 floors. Located in the Plateau district of the Administrative City, the skyscraper will primarily serve as an office building with a main floor auditorium. It will be a key part of the city’s ongoing urban development plans, which have been in place for that area since 1970.

Tour F’s design by developer PFO Africa is a nod to the African mask, with beautiful symmetrical geometry and inclined facets scaling the exterior. It will be an iconic landmark building, contributing to the area’s growing skyline and urbanization.

10. Jeddah Tower in Saudi Arabia

Location: Jeddah, Saudi Arabia
Size/specs: ~1,000 m / 3,280+ ft; 167+ floors
Expected timeline: Completion expected by 2028
Developer: Jeddah Economic Company (JEC)

The Jeddah Tower, rising along the Red Sea coast, is set to become the tallest skyscraper in the world, surpassing Dubai’s Burj Khalifa. Anchoring the massive Jeddah Economic City development, the tower will house luxury residences, office space, a Four Seasons hotel, and the world’s highest observation deck.

Designed by Adrian Smith + Gordon Gill Architecture, its tapering, spire-like form reduces wind loads while creating a striking silhouette. With construction restarted in 2025 after several years on hold, the Jeddah Tower is positioned to stand as Saudi Arabia’s most iconic landmark and a centerpiece of the country’s modern urban vision.

Are skyscraper projects growing in 2025?

The short answer is yes. Skyscraper projects, particularly in Asia and the Middle East, are an integral part of urbanization and meeting the housing demand in densely populated areas. Although the COVID-19 pandemic slowed down production in recent years, the long-term outlook for skyscraper construction remains positive.

Sustainable features and tech-heavy advancements are going to change the project approach for many builders, as eco-friendliness and high-tech convenience remain a top priority. As demand for housing, office space, and community areas shifts, many skyscraper projects are built with that adaptability in mind, making them long-term project solutions for any economic climate.

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