Misc

Upward Momentum: Charting a Year of Skyscraper Construction

Published

5 years ago

January 26, 2019

Nick Routley

Ever since the first towering spires broke through the clouds in New York and Chicago, skyscrapers have remained a potent symbol of economic might.

The tallest buildings require vast amounts of materials, expertise, and capital to make them a reality, but the cities that add these landmarks to their skylines gain prestige and send a powerful message to competing economic centers.

Skyscraper Construction in 2018

Where are the most skyscrapers popping up? Let’s take a look at regional hot-spots around the world.

Charting a Year of Skyscraper Construction
Note: For the purposes of this article, “skyscraper” will refer to buildings 656 feet (200 meters) or more in height.

China is Flying High

For well over two decades, China has led the world in skyscraper construction, and 2018 was no exception.

The country’s fixation on urban growth and continued economic success is producing tall buildings at a staggering rate. Last year, a mind-boggling 89 skyscrapers were completed in 28 different cities around China.

To put this building boom into perspective, China completed more skyscrapers in one year than New York City’s entire stock of 656ft and taller buildings.

Skyscrapers in China

In 2018, no city reached for the stars quite like Shenzhen. The city, which is a hub of China’s high-flying tech sector, now has the second-most skyscrapers in the world, surpassed only by Dubai.

Shenzhen isn’t just building a lot of skyscrapers, it’s building extremely tall ones too.

In 2017, for example, the ribbon was cut on the massive Ping An Finance Center, which is currently the 4th tallest building in the world. Last year alone, four new towers cracked the 1,000ft (300m) barrier.

Asia, Rising

While China’s scale is hard to beat, other cities in the region are also undergoing dramatic changes, particularly in Southeast Asia. Malaysia and Indonesia completed a combined 13 new skyscrapers, and the Vincom Landmark 81 was added to Ho Chi Minh City’s growing roster of unique skyscrapers.

While there are two skyscrapers under construction in Japan – one in Tokyo and one in Yokohama – none of them were completed last year.

A New Era of American Skyscrapers

After a two-decade lull in skyscraper construction, the United States is embracing taller buildings again. Last year alone, the U.S. added 14 new skyscrapers into the mix, particularly in New York City, where construction cranes dot the horizon. In the past decade, NYC has added 25 new skyscrapers to its iconic skyline.

This trend is showing no signs of slowing down. Between now and 2022, 44 skyscraper projects are expected to be completed in the United States, with the vast majority being built in the Big Apple.

Related Topics:skyscrapers new york city urbanization

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Misc

Ranked: America’s Best Universities

Evaluated on 19 different metrics, here’s the list of America’s best universities, led by 14 private schools.

Published

4 days ago

November 25, 2023

Pallavi Rao

Ranked: America’s Best Universities

The latest ranking of America’s best universities is here, perfectly timed for the approaching admissions season.

“Best” is of course subjective, and U.S. News and World Report has compiled 19 metrics on which they evaluated more than 400 national universities. Some of them include:

Graduation rates & performance: A four-year rolling average of the proportion of each entering class earning a bachelor’s degree in six years or less. Performance is measured against predictions made by the publishers, and when beaten, the university gains a higher scoring.
Peer assessment: A two-year weighted average of ratings from top academics—presidents, provosts and deans of admissions—on academic quality of peer institutions with which they are familiar.
Financial resources: The average per student spend on instruction, research, student services and related educational expenditures in the 2021 fiscal year.
Debt: A school’s average accumulated federal loan debt among borrowers only.
Pell graduation rates & performance: the same calculation as stated above, but focused only on Pell Grant students, adjusted to give more credit to schools with larger Pell student proportions.

The website’s methodology section details how they sourced their data, the weights assigned to each metric, and their changes over the years.

From the hundreds assessed come the nearly 50 best universities that offer a variety of undergraduate majors, post-graduate programs, emphasize research, or award professional practice doctorates.

Which are the Best Universities in America?

At the top of the list, Princeton University is the best university in the country, known for its physics, economics, and international relations departments. Notably, it’s a rare Ivy league university that does not have a law, medical, or business school.

Here’s the full ranking of America’s best universities, along with annual tuition requirements.

Rank	School Name	State	Tuition
1	Princeton University	New Jersey	$59,710
2	Massachusetts Institute of Technology	Massachusetts	$60,156
3	Harvard University	Massachusetts	$59,076
3	Stanford University	California	$62,484
5	Yale University	Connecticut	$64,700
6	University of Pennsylvania	Pennsylvania	$66,104
7	California Institute of Technology	California	$63,255
7	Duke University	North Carolina	$66,172
9	Brown University	Rhode Island	$68,230
9	Johns Hopkins University	Maryland	$63,340
9	Northwestern University	Illinois	$65,997
12	Columbia University	New York	$65,524
12	Cornell University	New York	$66,014
12	University of Chicago	Illinois	$65,619
15	University of California, Berkeley	California	$48,465 (out-state) $15,891 (in-state)
15	University of California, LA	California	$46,326 (out-state) $13,752 (in-state)
17	Rice University	Texas	$58,128
18	Dartmouth College	New Hampshire	$65,511
18	Vanderbilt University	Tennessee	$63,946
20	University of Notre Dame	Indiana	$62,693
21	University of Michigan, Ann Arbor	Michigan	$57,273 (out-state) $17,786 (in-state)
22	Georgetown University	Washington, DC	$65,082
22	University of North Carolina at Chapel Hill	North Carolina	$39,338 (out-state) $8,998 (in-state)
24	Carnegie Mellon University	Pennsylvania	$63,829
24	Emory University	Georgia	$60,774
24	University of Virginia	Virginia	$58,950 (out-state) $22,323 (in-state)
24	Washington University, St. Louis	Missouri	$62,982
28	University of California, Davis	California	$46,043 (out-state) $15,266 (in-state)
28	University of California, San Diego	California	$48,630 (out-state) $16,056 (in-state)
28	University of Florida	Florida	$28,658 (out-state) $6,381 (in-state)
28	University of Southern California	California	$68,237
32	University of Texas, Austin	Texas	$41,070 (out-state) $11,698 (in-state)
33	Georgia Institute of Technology	Georgia	$32,876 (out-state) $11,764 (in-state)
33	University of California, Irvine	California	$47,759 (out-state) $15,185 (in-state)
35	New York University	New York	$60,438
35	University of California, Santa Barbara	California	$45,658 (out-state) $14,881 (in-state)
35	University of Illinois Urbana-Champaign	Illinois	$36,068 (out-state) $17,572 (in-state)
35	University of Wisconsin, Madison	Wisconsin	$40,603 (out-state) $11,205 (in-state)
39	Boston College	Massachusetts	$67,680
40	Rutgers University, New Brunswick	New Jersey	$36,001 (out-state) $17,239 (in-state)
40	Tufts University	Massachusetts	$67,844
40	University of Washington	Washington	$41,997 (out-state) $12,643 (in-state)
43	Boston University	Massachusetts	$65,168
43	The Ohio State University	Ohio	$36,722 (out-state) $12,485 (in-state)
43	Purdue University, Main Campus	Indiana	$28,794 (out-state) $9,992 (in-state)
46	University of Maryland, College Park	Maryland	$40,306 (out-state) $11,505 (in-state)
47	Lehigh University	Pennsylvania	$62,180
47	Texas A&M University	Texas	$40,607 (out-state) $12,413 (in-state)
47	University of Georgia	Georgia	$30,220 (out-state) $11,180 (in-state)
47	University of Rochester	New York	$64,384
47	Virginia Tech	Virginia	$36,090 (out-state) $15,478 (in-state)
47	Wake Forest University	North Carolina	$64,758
53	Case Western Reserve University	Ohio	$62,234
53	Florida State University	Florida	$21,683 (out-state) $6,517 (in-state)
53	Northeastern University	Massachusetts	$63,141
53	University of Minnesota, Twin Cities	Minnesota	$36,402 (out-state) $16,488 (in-state)
53	William & Mary	Virginia	$48,841 (out-state) $25,041 (in-state)

MIT places second, and Harvard and Stanford tie for third. Yale rounds out the top five.

Private universities, including seven Ivy League colleges, dominate the top of the rankings. Meanwhile, the highest-ranked public schools are tied at 15th, both state schools in California.

For affordability, since the higher ranks are populated by private universities, there tends to be a broad correlation of better universities being more expensive. That said, the most expensive school in the top 50 ranks is actually the University of Southern California, tied at 28th, for $68,237/year.

As it happens, also tied at 28th, the University of Florida is the most affordable public school for in-state students ($6,381/year) and Florida State University tied at 53rd, is the most affordable for out-of-staters at $21,683/year.

However these costs are tuition-only, and don’t account for other necessary expenses: accommodation, food, and textbooks.

Best University versus Best “Fit”

Finding the best university for prospective students is more than just perusing a long ranking list.

Aside from the numerous schools present within each university—which can often be the best for specific majors—factors like location, proximity to family, campus culture, the non-academic pursuits (sports, extracurriculars, internships) are also taken into consideration.

In fact, research has found that just attaining a university degree improves future earnings potential and employability.

Furthermore, individual engagement at college (irrespective of the rank of the school in question) plays a far bigger role in learning and general well-being than simply attending a highly-ranked school.

However, for low income and minority students, attending a top-ranked school does improve future earnings considerably. For women, it also often results in delaying marriage and kids, which results in more work-hours and as a result, more pay.