Proponents of the material, called cross-laminated timber, or CLT, say it can be used to erect buildings that are just as strong and fire-resistant as those made from steel and concrete. Those qualities have helped excite the passions of architects and environmentalists, who think it could unlock a greener method for housing the world’s growing population, and timber producers, who hope to open a U.S. market for the value-added good. — Bloomberg
Right now the structures are mainly proposals, but CLT could be the principal element of a 100-story tower nicknamed "The Splinter" in London as designed by PLP Architecture, while there's an ornamental 40-story timber tower in Stockholm on the boards, as designed by Anders Berensson Architects:
These aren't your grandfather's skyscrapers:
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Seems promising, but I can't find any info about lifespan or decay of materials in external climates.
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