Cityscapes in Australian cities like Sydney, Melbourne, Brisbane, and Perth are transforming with taller building structures in response to the increasing density and population growth. Suburbs with many apartments are now among the most dynamic real estate markets in the country. Vertical construction has gained significant traction, particularly against the backdrop of Australia’s housing crisis, where there is immense potential to build more high-rise buildings.

According to The Council on Tall Buildings and Urban Habitat (CTBUH), 177 buildings of 200 meters’ height or greater were completed in 2023, a record-breaking year for tall building completions. Notably, Melbourne is set to construct Australia’s tallest skyscraper, STH BNK, standing at 365 meters with the world’s highest vertical garden containing 30,000 plants. Located at City Road and Southbank Boulevard, this $2 billion project will feature residential apartments, office spaces, a resort, a Four Seasons hotel, and comprehensive wellness and entertainment amenities. The project, beginning this year and completing in 2029, has already sold 80% of its apartments, including a record-setting $38 million unit. This project highlights Melbourne’s rapidly evolving skyline and real estate landscape.

Tall buildings are becoming iconic landmarks, reshaping the skyline. CTBUH has named Quay Quarter Tower, by 3XN Architects, the Best Tall Building Worldwide for 2023. The prestigious authority on skyscrapers hailed the project’s clever repurposing of an old high-rise into an eye-catching cantilevering tower. High rise and vertical construction are vital for efficiently utilizing urban space, accommodating growing populations, and creating iconic landmarks that boost economic development and city identity.

Join us at the High Rise & Vertical Construction Summit hosted by Trueventus to gain exclusive insights from industry leaders, access to top-notch case studies and projects presented by distinguished industry experts. Secure your position at the forefront of this dynamic field and help shape the future of resilient structures.