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Address
304 North Cardinal
St. Dorchester Center, MA 02124
Work Hours
Monday to Friday: 7AM - 7PM
Weekend: 10AM - 5PM
The Evergrande International Finance Center (IFC) in Hefei, Anhui Province, China, is a proposed supertall skyscraper that was designed to reach 518m (1,699ft) across 112 floors. If completed, it would stand taller than Shanghai’s Jin Mao Tower and close to the Shanghai Tower in global rankings.
Height: 518m (1,699ft)
Floors: 112
Status: On Hold
Function: Mixed-use (finance hub, hotel, office, retail, residential)
Developer: Evergrande Group
Impact: Planned as the tallest tower in Hefei and a symbol of China’s inland economic rise.
The project is stalled mainly due to the Evergrande debt crisis, one of the largest financial collapses in China’s real estate history. With liabilities exceeding $300 billion, Evergrande suspended multiple megaprojects, including Hefei IFC.
Other challenges include:
Financing freezes due to debt defaults
Regulatory tightening on real estate leverage
Market oversupply in China’s tier-2 cities
How tall would Evergrande IFC be compared to other towers?
Shanghai Tower: 632m
Hefei Evergrande IFC: 518m
It would rank among the top 10 tallest skyscrapers worldwide.
Why was Hefei chosen for a megatall?
Hefei is one of China’s fastest-growing inland cities, with strong growth in tech, manufacturing, and finance, making it a strategic site for Evergrande’s expansion.
Could Evergrande IFC still be built?
Possibly — if Evergrande restructures debt successfully or another state-owned developer takes over.
How does it compare to other Evergrande projects?
Similar projects in Shenzhen, Guangzhou, and Tianjin have also been frozen, reflecting systemic issues in China’s high-rise development boom.
Is Hefei an attractive real estate market?
Yes — Hefei is growing in AI, semiconductors, and education (home to USTC), but oversupply of luxury condos remains a concern.
What does Evergrande’s crisis mean for Chinese skyscrapers?
It shows the risks of over-leveraged development, where debt-fueled megaprojects face collapse under stricter government controls.
Would Evergrande IFC boost Hefei’s global image?
Yes — a 518m landmark would place Hefei on the world skyscraper map, like Guangzhou and Shenzhen before it.
Why does China build megatalls outside Beijing/Shanghai?
To promote balanced regional growth and boost Tier-2 and Tier-3 cities.
What are the risks of megatall construction in inland China?
Slower demand than coastal hubs
Higher financing risks
Lower global investor visibility
Could Hefei IFC become a ghost project?
Yes — without financial restructuring, it risks becoming another unfinished skyline landmark.
Hefei Evergrande IFC | 518m | 112 Floors | On Hold | Evergrande Crisis Skyscraper
Discover Hefei’s Evergrande IFC, a proposed 518m, 112-floor skyscraper currently on hold due to Evergrande’s debt crisis. Learn its design, height comparisons, and future prospects.
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