Goldin Finance 117, standing tall in Tianjin, China, was once set to be a beacon of modernity and wealth. Rising to a staggering 597 meters, it was designed to be the fifth tallest skyscraper globally and the jewel of the ambitious Goldin Metropolitan development, according to the construction website B1M.
However, more than a decade after its construction began in 2008, this once-promising landmark now stands as a ghostly reminder of an unfinished dream. With its towering 128 floors, Goldin Finance 117 has become the world’s tallest abandoned skyscraper and one of the most prominent eyesores in a city known for its rapid urbanisation.
Proposed during a time when Chinese cities were racing to assert their global stature, Goldin Finance 117 was conceived as a key element of billionaire Pan Sutong’s Goldin Metropolitan project. The development was meant to be an extravagant 1.8 square kilometre district, built to cater to the ultra-wealthy. It would feature high-end residential towers, luxurious French and Italian-style manors, a wine museum, gardens, and even a polo club.
At the heart of this scheme, Goldin Finance 117 was destined to house office spaces, luxury hotels, retail spaces, and high-end restaurants. Its designers envisioned the building as the epitome of architectural innovation, complete with the world’s highest observation deck, restaurant, pool, and sky bar. The tower’s bold shape – often likened to a walking stick – would stand as a symbol of opulence, an audacious testament to the city’s rapid ascent.
Despite reaching its full height in 2015, the tower’s construction was abruptly halted, and the site was left abandoned. By 2018, communication about the future of the project had ceased, and there has been no official announcement regarding its completion or even its potential repurposing. As time passed, Goldin Finance 117 became a stark symbol of unrealised ambition in the heart of Tianjin, a towering monument to excess and failure.
What was once intended to be a world-class building now stands as an imposing, unfinished structure. While the cause of the project’s abandonment remains unclear, there are speculations surrounding financial difficulties, mismanagement, or perhaps a shift in the developer’s priorities. Regardless of the reason, Tianjin now hosts what many consider the world’s tallest “ghostscraper.”
The Goldin Finance 117 skyscraper was designed to resist lateral forces, particularly earthquakes, which are common in the region. The building’s unique structure, with its 9.5:1 height-to-width ratio, was engineered to meet China’s seismic code. Yet, despite this, the project faced financial hurdles that prevented it from reaching completion. It’s possible that the building’s cost – which was expected to run into the billions – coupled with economic pressures, may have contributed to its untimely halt.
While other factors, such as changes in market demand or complications with the development, might have played a role, the central question remains: how did one of the world’s fastest-growing economies, with a booming construction industry, allow a colossal skyscraper to remain unfinished for years?
Goldin Finance 117 has become famous not just for its height but for its desolation, often attracting urban explorers and daredevils who climb its skeletal structure and document their ventures online. It’s a testament to the sometimes fragile nature of massive construction projects, where ambition can quickly be replaced by abandonment.
In a city that continues to push the boundaries of urban development, Goldin Finance 117 serves as a cautionary tale. Despite being a symbol of modern aspiration, it is now a relic of unrealised dreams and a stark reminder of the volatile nature of mega-projects in an ever-changing economic landscape.
