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Finance: The Latest Architecture and News

UNStudio Begins Construction on Visionary Financial Forum in Georgia

11:00 - 17 December, 2018
UNStudio Begins Construction on Visionary Financial Forum in Georgia, via UNStudio
via UNStudio

UNStudio has broken ground on their TBC Forum in Tbilisi, Georgia, exploring a “new open, flexible and interactive approach to financial institutions.” Departing from the traditional closed, introverted typology of historic banking structures, the TBC Forum is founded on the design principles of flexibility, and transparency.

Situated in the natural surroundings of the Lisi Lake resort, the TBC Forum is strategically placed to form a contemporary yet respectful interpretation of the historic highland stone-and-mortar village of Shatili.  

via UNStudio via UNStudio via UNStudio via UNStudio + 13

What It’s Like to be an Architect who Doesn’t Design Buildings

06:00 - 6 April, 2018
What It’s Like to be an Architect who Doesn’t Design Buildings, Han Zhang along with her team at <a href="http://www.archdaily.cn">ArchDaily China</a>. Image Courtesy of Han Zhang
Han Zhang along with her team at ArchDaily China. Image Courtesy of Han Zhang

There's an old, weary tune that people sing to caution against being an architect: the long years of academic training, the studio work that takes away from sleep, and the small job market in which too many people are vying for the same positions. When you finally get going, the work is trying as well. Many spend months or even years working on the computer and doing models before seeing any of the designs become concrete. If you're talking about the grind, architects know this well enough from their training, and this time of ceaseless endeavor in the workplace only adds to that despair.

Which is why more and more architects are branching out. Better hours, more interesting opportunities, and a chance to do more than just build models. Furthermore, the skills you learn as an architect, such as being sensitive to space, and being able to grasp the cultural and societal demands of a place, can be put to use in rather interesting ways. Here, 3 editors at ArchDaily talk about being an architect, why they stopped designing buildings, and what they do in their work now. 

Mega-Tall Skyscrapers Herald Economic Depression, Says Barclays

00:00 - 5 May, 2014
Mega-Tall Skyscrapers Herald Economic Depression, Says Barclays, Kingdom Tower. Image © Adrian Smith + Gordon Gill Architecture
Kingdom Tower. Image © Adrian Smith + Gordon Gill Architecture

The world economy has endured a series of crises over the past century, and architecture has recently been recognized as a harbinger of these crises. Two years ago, British finance group Barclays released an index of skyscraper construction projects that correlate with the occurrence of economic downturns since 1873. Many of the tallest buildings in the world have been built at times of severe economic struggle, the most recent being Dubai's Burj Khalifa, built during the Great Recession of 2007 through 2010. According to Barclays, "the world’s tallest buildings are simply the edifice of a broader skyscraper building boom, reflecting a widespread misallocation of capital and an impending economic correction."

All the major financial crises in the past century, and the buildings that predicted them after the break...