Post by account_disabled on Mar 12, 2024 5:38:07 GMT
The Uruguayan writer Eduardo Galeano said that "in the history of men, each act of destruction finds its response, sooner or later, in an act of creation." Architecture is, above all, construction. But, sometimes, destruction plays an important role. And on these occasions, one cannot be understood without the other. This case is one of them: the destruction of a group of skyscrapers that has been demolished in just forty-five seconds .
The event occurred in 2021, in the Chinese city of Kunming, capital of the southern province of Yunnan. Fifteen buildings were subjected to a controlled destruction process which, as we can see in the images, was absolutely impressive. Despite the virulence seen in the video, one of them managed to stay standing and was taken down a few days later.
Construction of this complex called Sunshine Cambodia Telegram Number Data City II began in 2011. Soon, the developer, Kunming Xifang Company, ran out of enough capital to complete the project, so it was sold to another company, Yunxi Real Estate. Work on the residential project stopped in 2013. Since then, the unfinished skyscrapers have been abandoned. A new acquisition by another company, in this case Yunnan Panheng Real Estate, occurred in November 2020, along with its debt of $3.6 million. The new owners detected significant quality defects in the unfinished buildings, so their demolition was requested to make way for new, lower-rise apartment buildings.
Finally, the demolition was carried out on August 27 and required 4.6 metric tons of explosives, installed at some 85,000 detonation points in the buildings, Kunming Daily reported. More than 5,300 nearby residents had to be evacuated to carry out the work, and each household received about $23 in compensation. After the explosion, the entire neighborhood was covered in dust, as seen in the live broadcast.
Despite the shocking nature of the event, the truth is that it is not an isolated event, but rather a program designed by the country's authorities. For years, the government allocated land for large-scale infrastructure projects to boost economic growth, and developers received large amounts of debt to carry out construction.
However, due to an aggressive model of urban development and debt-driven construction, uninhabited or unfinished buildings began to proliferate, creating true "ghost cities . " And with them, an immense debt, as happened to the Evergrande Group, one of the largest real estate developers in the country, with an outstanding debt of more than 300 billion US dollars in 2021, as reported in this article in idealista /news.
To try to solve the situation, the Government made a 360-degree turn and opted for a policy that can be summarized as "build, pause, demolish, repeat" . property prices and boost economic activity through more construction. As a result, to revive the stagnant real estate market, the Government is stopping projects under construction and demolishing buildings, skyscrapers and housing projects that could house more than 75 millions of people.
The event occurred in 2021, in the Chinese city of Kunming, capital of the southern province of Yunnan. Fifteen buildings were subjected to a controlled destruction process which, as we can see in the images, was absolutely impressive. Despite the virulence seen in the video, one of them managed to stay standing and was taken down a few days later.
Construction of this complex called Sunshine Cambodia Telegram Number Data City II began in 2011. Soon, the developer, Kunming Xifang Company, ran out of enough capital to complete the project, so it was sold to another company, Yunxi Real Estate. Work on the residential project stopped in 2013. Since then, the unfinished skyscrapers have been abandoned. A new acquisition by another company, in this case Yunnan Panheng Real Estate, occurred in November 2020, along with its debt of $3.6 million. The new owners detected significant quality defects in the unfinished buildings, so their demolition was requested to make way for new, lower-rise apartment buildings.
Finally, the demolition was carried out on August 27 and required 4.6 metric tons of explosives, installed at some 85,000 detonation points in the buildings, Kunming Daily reported. More than 5,300 nearby residents had to be evacuated to carry out the work, and each household received about $23 in compensation. After the explosion, the entire neighborhood was covered in dust, as seen in the live broadcast.
Despite the shocking nature of the event, the truth is that it is not an isolated event, but rather a program designed by the country's authorities. For years, the government allocated land for large-scale infrastructure projects to boost economic growth, and developers received large amounts of debt to carry out construction.
However, due to an aggressive model of urban development and debt-driven construction, uninhabited or unfinished buildings began to proliferate, creating true "ghost cities . " And with them, an immense debt, as happened to the Evergrande Group, one of the largest real estate developers in the country, with an outstanding debt of more than 300 billion US dollars in 2021, as reported in this article in idealista /news.
To try to solve the situation, the Government made a 360-degree turn and opted for a policy that can be summarized as "build, pause, demolish, repeat" . property prices and boost economic activity through more construction. As a result, to revive the stagnant real estate market, the Government is stopping projects under construction and demolishing buildings, skyscrapers and housing projects that could house more than 75 millions of people.