Archinect - News 2024-12-22T00:49:42-05:00 https://archinect.com/news/article/150043049/looking-to-buy-an-unfinished-skyscraper-this-chinese-online-auction-has-one-listed-starting-price-84m Looking to buy an unfinished skyscraper? This Chinese online auction has one listed (starting price: $84m). Alexander Walter 2018-01-02T14:45:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/ow/owzsnql1nvr6frgm.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>A 156m (511ft) skyscraper in northern Shanxi province has been listed on Taobao, China's largest e-commerce website, by a local court. [...] Construction on the building first began in 2006 and was due to be completed by 2011, according to Chinese state media outlet Xinhua. However, the developer ran into funding troubles. The building was eventually seized by the Shanxi Provincial Higher People's Court.</p></em><br /><br /><figure><p><a href="https://archinect.gumlet.io/uploads/95/9572so74ifr0lf15.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/95/9572so74ifr0lf15.jpg?auto=compress%2Cformat&amp;w=514"></a></p></figure><figure><p><a href="https://archinect.gumlet.io/uploads/2r/2rw6n75ds1p0gbiv.jpg?auto=compress%2Cformat&amp;w=1028" rel="nofollow" target="_blank"><img src="https://archinect.gumlet.io/uploads/2r/2rw6n75ds1p0gbiv.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Fresh coat of paint, some shiplap here and there, and this puppy can be open for business in no time.</figcaption></figure><p>If a 511-ft fixer upper in the northern Chinese city of&nbsp;<a href="https://archinect.com/news/article/63218922/isolated-tombstone-stands-among-chinese-skyscrapers" rel="nofollow" target="_blank">Taiyuan</a> has been on your real estate wishlist for some time, and you happen to have at least 553m yuan ($84 million) sitting idly by, then <a href="https://sf.taobao.com/sf_item/562087964638.htm?spm=a213w.7398504.paiList.1.lcr5f4" rel="nofollow" target="_blank">this listing</a> on China's popular Taobao online auction site is your biggest good news of 2018 yet.&nbsp;<br></p> <p>Hurry though, the campaign ends later today.</p>