Abstract
Abstract Sky-scrapers are rising in the panorama of big modern cities more and more often, becoming a symbol of dynamic growth and prestige. High-rise development appears to be an answer to the expanding demand for new residential and commercial space as urban land prices continue to go up and the availability of land decreases. This article aims to identify factors affecting the choice of optimal building height in the context of economic effectiveness. It also presents factors that determine the implementation of high-rise development projects. Given the complexity of this subject matter, emphasis is placed on its economic dimension.
Highlights
In the early 20th century, high-rise development was a symbol of progress and modernity
Building height is viewed from many perspectives: – technological, which focuses on the technical and technological possibilities of constructing tall buildings, – spatial, where the purposefulness of inserting tall buildings into urban fabric is analyzed in terms of spatial order, – economic, where the rationality of constructing tall structures is assessed against the profitability of such an investment
– tall buildings that range in height from over 25 m to 55 m above ground level, or residential buildings over 9 to 18 above-ground stories high;
Summary
In the early 20th century, high-rise development was a symbol of progress and modernity. Hotels and residential buildings were an expression of a new style of living and technological potential. Little by little, they were becoming incorporated into the panorama of big cities, in the USA. Over a century of experience in high-rise development shows that, as far as users’ needs, the creation of property value and spatial order are concerned, this solution may not always be optimal. Given the complexity of the subject matter, optimal building height in the present article will be considered only in the context of its economic effectiveness. The major factors in the selection of optimal building eight will be discussed
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