New Mega City Project Will Be Built In Dubai
Source: http://www.thenational.ae
#megacity #uae #dubai #construction
Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum announced plans to build a new multi-billion dollar project called Mohammed Bin Rashid City. The new city project will be built by Dubai Holding and Emaar Properties in what is being described as the biggest real estate joint venture in the region.
No value has been given for the project but plans include building the world's biggest shopping mall, more than 100 hotels, golf courses, a hub for the arts and centers to develop small businesses.
The development will be located between Sheikh Zayed Road, Emirates Road and Al Khail Road. It will include the "Mohammed bin Rashid Gardens" project, which was first announced in 2008. The original master plan suggested the gardens would be 74.3 million square meters, and would cost US$ 60 billion to construct. It is not clear whether the original plan is being utilized, or a new revised plan would be adopted. The release said the park would be 30 percent larger than Hyde Park in London, which is 1.4 million square meters. The project will also include the Mall of the World. It is anticipated the mall will have the capacity to handle 80 million visitors a year.
The project will comprise four key components. The first component will focus on family tourism, and will include a giant park and a family entertainment center set up in collaboration with Universal Studios and hotel facilities.
The second component, focusing on retail, will feature the largest shopping mall in the world called Mall of the World. Dubai already boasts the largest mall in the world, Emaar's The Dubai Mall.
A third component will include the largest area for arts galleries in Middle East and North Africa while the fourth component will see the development of facilities to provide "an integrated environment for entrepreneurship and innovation in the region".
The new city will also include residential areas built on green building standards in terms of energy consumption, waste treatment and conservation of natural environment. It will also feature a number of golf courses under well-known international names.
No value has been given for the project but plans include building the world's biggest shopping mall, more than 100 hotels, golf courses, a hub for the arts and centers to develop small businesses.
The development will be located between Sheikh Zayed Road, Emirates Road and Al Khail Road. It will include the "Mohammed bin Rashid Gardens" project, which was first announced in 2008. The original master plan suggested the gardens would be 74.3 million square meters, and would cost US$ 60 billion to construct. It is not clear whether the original plan is being utilized, or a new revised plan would be adopted. The release said the park would be 30 percent larger than Hyde Park in London, which is 1.4 million square meters. The project will also include the Mall of the World. It is anticipated the mall will have the capacity to handle 80 million visitors a year.
The project will comprise four key components. The first component will focus on family tourism, and will include a giant park and a family entertainment center set up in collaboration with Universal Studios and hotel facilities.
The second component, focusing on retail, will feature the largest shopping mall in the world called Mall of the World. Dubai already boasts the largest mall in the world, Emaar's The Dubai Mall.
A third component will include the largest area for arts galleries in Middle East and North Africa while the fourth component will see the development of facilities to provide "an integrated environment for entrepreneurship and innovation in the region".
The new city will also include residential areas built on green building standards in terms of energy consumption, waste treatment and conservation of natural environment. It will also feature a number of golf courses under well-known international names.
