#APPROVED: JB TOWER, ??F Com
Name: JBTower
Height: ?m
Floors: 60
Use: Commercial
Developer: JB
Start: 2007 (?)
Finish: ?

http://i12.tinypic.com/6q8u538.jpg

JB Group to start work on debut project in March
Khaleej Times

27 December 2007
DUBAI -- The JB Group, a globally diversified company with Indian roots is to develop a 60-storey skyscraper, the JB Tower, in Downtown Burj Dubai.

The JB Tower, a commercial block scheduled to break ground in March, is the flagship in a $1.6 billion property venture in the Middle East by the JB Group. Designed in the shape of the JB Group logo -- a converged diamond and lotus, India's national flower -- the tower will be located at one of the Gulf region's major urban developments, opposite the Dubai Mall and near to the Burj Dubai tower.

"The JB Tower is our debut property project in the Middle East spearheading two other major developments, including a four-star hotel and on Shaikh Zayed Road, the Twin Towers," said Jatin Chutke, vice-president of JB Group.

© Khaleej Times 2007

so either this pic is haneous or the tower it self is haneous! ew!

R

JB Group takes prime spot with 'diamond' skyscraper JB Tower in heart of new Dubai
Press Release


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27 December 2007
Globally diversified group boosts international property portfolio in USD1.6 billion Middle East project

The JB Group, a globally diversified company with Indian roots, today announced it is developing a 60-storey skyscraper, the JB Tower, in the Downtown Burj Dubai.

The JB Tower, a state-of-the-art commercial block scheduled to break ground in March, is the flagship in a USD1.6 billion property venture in the Middle East by the JB Group. Designed in the shape of the JB Group logo - a converged diamond and lotus, India's national flower - the tower will carve out a striking silhouette within one of the Gulf region's most prestigious urban developments, opposite the Dubai Mall and proximate to the Burj Dubai tower, the world's largest mall at 5 million sq ft and the tallest man-made structure at 805 metres respectively.

"The JB Tower is our debut property project in the Middle East spearheading two other major developments, including a four-star hotel and on Sheikh Zayed Road, the Twin Towers," said Jatin Chutke, Vice President of JB Group. Mr Chutke explained the reasons for the company's eye on Dubai: "For the JB Group, Dubai represents a first-class modern hub for increasing international business activities, in line with our own global vision. In just one year since 2006 when we first entered into properties and real estate, the value of our portfolio has grown multifold. The JB Tower and the Dubai project overall cements our vision to develop ultra-modern commercial, residential and hotel opportunities to inspire innovative business, leisure and living environments worldwide."

From its origins as a diamond trading business in Surat, the so-called 'diamond city' in the western Indian state of Gujarat, the JB Group now has an expanding global property portfolio including upscale office and hotel developments in Oman, Indonesia and India. The JB Tower will be built on top of a four-floor podium climbing a total of 240 meters into the Dubai skyline and covering a total of 700,000 sq ft. Branching off the same podium will be the Group's four-star hotel at 160,000 sq ft. In total the Dubai project encompasses 2,000,000 sq ft and a further 6,000,000 sq ft has been earmarked for warehousing and storage facilities. Residential properties and serviced apartments are also in the pipeline.

"Strategic diversification continues to drive our growth momentum in all areas of business, from property and real estate in Dubai, to alternative energy in Inner Mongolia, and international trade and consultancy both off and onshore," said Bhupen Surani, Chairman of JB Group who is headquartered in Hong Kong. "Our success rides on furthering our global footprint by targeting opportunities in some of the most promising, vibrant and high-growth economies today, such as Dubai, China and of course India where the JB Group began."

The construction and property investment in Dubai is part of the Group's 'silk-road' strategy, which has involved planned strategic forays into the world's three most dynamic economic hubs along the old trading routes of the past centuries - India, China and the Middle East. In India, the Group has acquired 20,000,000 sq ft and earmarked a further 3,000,000 sq ft for property development valued over USD440 million, as well as projects worth USD20 million in Indonesia. The JB Group also recently acquired a vast tract of land in Goa to erect India's first Sofitel hotel.

-Ends-

About JB Group
JB Group is a globally diversified company with Indian roots and 18,000 employees, 12 offices worldwide and an annual turnover of USD3 billion. The company has a rapidly expanding portfolio of businesses in Property & Real Estate, Mining, Oil & Gas & Alternative Energy, International Trade & Consultancy, in addition to its core business in Diamonds and Jewelry.

R

I am more interested on this one:

"... The JB Tower is our debut property project in the Middle East spearheading two other major developments, including a four-star hotel and on Shaikh Zayed Road, the Twin Towers," said Jatin Chutke, vice-president of JB Group..."

JB towers, could be mine. They have at least my initials!:lol:

btw. they have mining projects for diamonds in Africa and South East Asia. BLOOD DIAMONDS! :ohno:

This is from their website:

Middle East

The Group has identified this region as an extremely potential zone for development as the region is being pitched as a hub for various business activities ranging from financial to logistics with first class facilities being offered. We too are developing residential properties, serviced appartments and hotels to cater to the growth in the region.

The total construction and development area is 2,000,000 sq ft and a further 6,000,000 sq ft earmarked for warehousing and storage facilities. The estimated value for the entire development will be US$1.6 billion.

http://www.jbgroupworldwide.com/our-business/property

27 December 2007
DUBAI -- The JB Group, a globally diversified company with Indian roots is to develop a 60-storey skyscraper, the JB Tower, in Downtown Burj Dubai.

The JB Tower, a commercial block scheduled to break ground in March, is the flagship in a $1.6 billion property venture in the Middle East by the JB Group. Designed in the shape of the JB Group logo -- a converged diamond and lotus, India's national flower -- the tower will be located at one of the Gulf region's major urban developments, opposite the Dubai MallDubai and near to the Burj Dubai tower.

"The JB Tower is our debut property project in the Middle East spearheading two other major developments, including a four-star hotel and on Shaikh Zayed Road, the Twin Towers," said Jatin Chutke, vice-president of JB Group.

© Khaleej Times 2007

for the moderators: height will be 240m

looks interesting

i cant wait to see new render, cuz it doesnt really look that great. but thats my opinion

height confimed by meed at 240m:

New commercial tower planned for Burj Dubai complex

* Published: 27 December 2007 09:01 GMT
* Last Updated: 27 December 2007 10:03

India's JB Group plans to build a 60-storey commercial tower at the Burj Dubai Downtown development in Dubai.

The proposed tower will reach a total height of 240 metres with a total built-up area of 65,000 square metres. It has been designed to resemble the JB Group's logo - a converged diamond and lotus.

The project also involves the construction of a 15,000 square-metre four star hotel that will branch out from the same podium as the main tower.

R

nice tower, but i need a better render that i can judge it better

I am more interested on this one:

"... The JB Tower is our debut property project in the Middle East spearheading two other major developments, including a four-star hotel and on Shaikh Zayed Road, the Twin Towers," said Jatin Chutke, vice-president of JB Group..."

but we dont have any idea which interchange...
they must have bought the plots months ago :bash:

Anyone should change title and add the height of 240m.

Krazy or Michiel, can you add this one to emporis, thanks

Looks like it has potential... Looking forward to a real render tho. Does anybody with some insight want to pin-point on a map where this will be located?

Could these be the ones directly next/behind the metro station?

Yeah can some1 post a map with the exact location?

nice and original!