Cityscape Dubai 2008 started today, but Nakheel (owned by the government of Dubai) stole the show revealing plans for Nakheel Harbour & Tower yesterday, 5th of October (press release).
Nakheel Harbour & Tower will be home to over 80,000 people and a workplace for 40,000 more. According to Nakheel, the precinct minimises car use and maximises train, bus and water transportation. The development will cover an area over 270 hectares and include another 40 towers ranging in height from 20 floors to 90 floors (over 300 meters). The final height of Nakheel’s proposed tower (former Al Burj, Tall Tower) is a secret, as is the price. The company would only say it will be more than 1 km tall. The tower and harbour project will take more than 10 years to complete. O’Donnell, CEO of Nakheel, has confirmed that the foundation work has already begun.
Nakheel Tower (~1140m) designed by Woods Bagot. (photo by Nakheel)
Massive schemes are announced as Cityscape 2008 – the largest business-to-business real estate investment and development event in the world – is proceeding. Two other projects with centerpiece skyscrapers are worth mentioning due to their proposed heights: 1 Dubai, part of Jumeirah Gardens (by Meraas Development) and Anara Tower (by Tameer):
1 Dubai (850m) is a mega-structure consisting of three linked towers of staggered heights, with mosaic-like glass and aluminium-mesh cladding, designed by Adrian Smith and Gordon Gill. (photo by Meraas)
Anara Tower (700m) designed by Atkins. (photo by docc)
As stock prices collapsed around the world today amid growing fears that the credit crisis would trigger a global recession, it is interesting to see how many projects will be cancelled due to lack of financing.
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