flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

What do Chengdu, Lagos, and Chicago have in common?

What do Chengdu, Lagos, and Chicago have in common?


By By Robert Cassidy, Editorial Director | April 5, 2011

They’re all “world middleweight cities” that are likely to become regional megacities (10 million people) by 2025—along with Dongguan, Guangzhou, Hangzhou, Shenzhen, Tianjin, and Wuhan (China); Kinshasa (Democratic Republic of the Congo); Jakarta (Indonesia); Lahore (Pakistan); and Chennai (India).

These “emerging middleweight” cities are among the “City 600,” the top 600 cities by contribution to global GDP growth from 2007 to 2005, as defined in a new report from McKinsey Global Institute: “Urban World: Mapping the economic power of cities”.

The 1.5 billion people who live in the City 600 (22% of world population) accounted for $30 trillion of GDP in 2007—more than half of global GDP. The top 100 alone generated $21 trillion, 38% of global GDP, according to McKinsey.

By 2025, these 600 cities will be home to 2.0 billion, a quarter of the world’s population, and account for $64 trillion, or 60% of global GDP.

The top 25 “hot spots” for GDP by 2025 include (in rank order) New York, Los Angeles, Chicago, Dallas, Washington, D.C., Houston, Philadelphia, Boston, and San Francisco, along with such places as São Paolo (Brazil), Rhein-Ruhr (Germany), Mexico City, Randstad (Netherlands), Shanghai, Beijing, and Hong Kong.

Other key findings of the McKinsey study:

• By 2025, the makeup of the City 600 will change as the center of gravity of the urban world moves south and east. One-third of developed market cities will no longer make the top 600.

• By 2025, up to 136 new cities will enter the City 600 list, all of them from the developing world—100 of them from China alone, including Haerbin, Shantou, and Guiyang.

• India will contribute 13 newcomers to the City 600 list, including Hyderabad and Surat. Latin America will add eight, notably Cancún (Mexico) and Barranquilla (Colombia).

• About 310 million more people of working-age population will live in the City 600 by 2025—almost 35% of the expansion of the global workforce, almost all of it in emerging markets and two-thirds in China and South Asia.

What do all these fascinating data points mean to the design and construction industry, and to you as an AEC professional? In a nutshell, the McKinsey people are saying, If you want to grow your business—and your career—over the next 15 years, you must look to foreign climes.

It is in the emerging cities that GDP will be growing at a faster rate than global GDP. Where the workforce will be expanding more quickly than in the rest of the world. Where demand for housing, retail shops, schools, libraries, museums, data centers, universities, office buildings, religious centers—all the magnificent structures you and your firms create and build—will be accelerating at a hyperfast rate compared to the growth, if any, in much of the developed world.

To be competitive in the coming decade and a half, AEC firms and professionals are going to have to shift their lines of sight eastward and southerly, to places with names like Luanda, Chongqing, Dhaka, Colombo, and Grande Vitória.

Related Stories

Coronavirus | May 18, 2020

Infection control in office buildings: Preparing for re-occupancy amid the coronavirus

Making workplaces safer will require behavioral resolve nudged by design.

Data Centers | May 8, 2020

Data centers as a service: The next big opportunity for design teams

As data centers compete to process more data with lower latency, the AEC industry is ideally positioned to develop design standards that ensure long-term flexibility. 

Coronavirus | Apr 30, 2020

Gilbane shares supply-chain status of products affected by coronavirus

Imported products seem more susceptible to delays

Architects | Apr 23, 2020

Take a virtual tour of Frank Lloyd Wright's Robie House

Explore the building with Frank Lloyd Wright Trust curator David Bagnall.  

Coronavirus | Apr 21, 2020

COVID-19 update: CallisonRTKL, Patriot, PODS, and USACE collaborate on repurposed containers for ACFs

CallisonRTKL and PODS collaborate on repurposed containers for ACFs

Multifamily Housing | Apr 15, 2020

Related Group picks Stantec to design and engineer Manor Miramar residences in Florida

Related Group picks Stantec to design and engineer Manor Miramar residences in Florida.

Coronavirus | Apr 4, 2020

COVID-19: Architecture firms churn out protective face shields using their 3D printers

Architecture firms from coast to coast have suddenly turned into manufacturing centers for the production of protective face shields and face masks for use by healthcare workers fighting the COVID-10 pandemic.

Coronavirus | Mar 30, 2020

Learning from covid-19: Campuses are poised to help students be happier

Overcoming isolation isn’t just about the technological face to face, it is about finding meaningful connection and “togetherness”.

Coronavirus | Mar 15, 2020

Designing office building lobbies to respond to the coronavirus

Touch-free design solutions and air purifiers can enhance workplace wellness.

Architects | Mar 11, 2020

S/L/A/M/ Collaborative grows significantly in deal with CBRE

The architectural firm acquires five of Heery’s practices and adds 70 people.

boombox1
boombox2
native1

More In Category



Urban Planning

The magic of L.A.’s Melrose Mile

Great streets are generally not initially curated or willed into being. Rather, they emerge organically from unintentional synergies of commercial, business, cultural and economic drivers. L.A.’s Melrose Avenue is a prime example. 


Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021