Why is Tianjin 117 Building so poorly known?

As a Tianjin person, let me talk about this building in Tianjin.

This building has 117 floors in total and is 597 meters high. Because the Book of Changes believes that "7" is Shaoyang, this building has an indissoluble bond with "7".

Let’s talk about why it is not well-known.

First of all, the building has not been fully completed. Since the site selection, the lack of money has been throughout the construction of the building. The construction of this building has been stopped and stopped for many years.

If you are famous, it is because you are famous for your bad work.

Secondly, there is insufficient exposure in various media.

When this building was first built, various media reported continuously. However, after it became unfinished, it became a grandma and an uncle. Later, the media only mentioned it when it was capped.

Third, there are some problems with site selection.

At that time, the eastern part of Tianjin was vigorously developing the Binhai New Area, and the high-tech industrial park in the west was another hot spot. This building was barely a touch of the concept of a high-tech industrial park, but the surrounding land was not mature and there were basically no relevant supporting facilities. To put it bluntly,

Even if a building is built on a vacant lot, and it is still in the suburbs, if the building is completed as scheduled, the occupancy rate will not be very high.

Fourth, now everyone only knows that this building is called "117 Building". No one knows exactly which company developed it, what functions it has, and what kind of building it is.

Fifth, Tianjin's economy has regressed in recent years and the investment environment has been poor. Many commercial buildings in Tianjin now have a high vacancy rate. This building will be useless after it is completed.

This building is currently in an unfinished state. Although there is a lot of initial investment, it is much better than having to invest again and it will be difficult to rent out after it is fully completed.

Development companies also do economic analysis.

Recommend a good book story: I accidentally clicked on my husband’s mobile phone, and I realized how much my husband and his mistress love each other. I have worked in Tianjin for many years, and I have always paid attention to the development and construction of Tianjin.

Tianjin 117 Tower is located in the High-tech Industrial Park in Xiqing District, Tianjin. The entire project consists of a central business district, supporting residential areas and Tianjin Huanya International Polo Sports Theme Park. It is named after the design and construction of 117 floors.

Rendering of 117 Building and its business district Tianjin 117 Building is indeed famous out of proportion to its height. Many people in Tianjin do not know that such a super building has been under construction in Tianjin for many years.

The reason for its lack of fame is that the project is located in a very awkward location. Construction started in 2008. I always thought it was built in the famous Binhai New Area, but later I learned that it was next to a road leading to the suburbs in Xiqing District.

After the Tianjin South High-speed Railway Station is completed, people will only see its newly topped-out figure on the way to the South Station.

Secondly, Tianjin’s local media and central media have hardly seen any decent reports, and occasionally only simple reports on its construction progress in the news.

The capped 117 Building is in sharp contrast with the surrounding supporting facilities. Thirdly, and most importantly, there seems to be certain problems in the capital chain, resulting in slow construction of the project.

Analysts worry that Goldin’s Tianjin project is the wrong project at the wrong time.

According to the plan, Goldin 117 Tower will become the center of a new business district half an hour away from Beijing by high-speed rail.

Demonstrate scale in order to attract more funding.

"China's asset management companies and banking institutions are committed to protecting the value of their collateral, because if prices are allowed to fall, they will have to adjust the price of real estate collateral according to market value, which is a problem for banks, depositors and cities.

A disaster.” Goldin’s $10 billion Tianjin project is the latest example of “the over-the-top utopian ideals common across China today.”

The night view of "Jin Tower" and "Jinwan Plaza" located on the bank of the Haihe River is charming. Fourth, as a traditional industrial center, Tianjin's strengths are manufacturing, finance, business, hotels and other service industries, which are far behind first-tier cities.

, investors’ decision-making at that time may have been based on the rapid economic development momentum of Tianjin.

But behind the high growth is the country's strong investment in Tianjin's equipment manufacturing industry. As a service industry, it seems that it has not caught up.

As the flagship project of Tianjin's service industry, the 117 Building has not only failed to play a leading role, but has fallen into a kind of self-pity - there is not even a decent business district around it.