after a few rumours and hints dubai has finally approved the world's second tallest tower called park square tower
it will have 150 floors, the height still is a secret but will be around 700m
the tower is only for hotel-use, but as it is so big, it will house about 6 to 7 hotels
construction is expected to start this year, the site for the new park square project, which consists of 30 commercial towers and 10 residential towers as well as 2 hotel towers, is ready to start with construction
completion date is scheduled to be 2010
tower is worth around $1.5bn
size is 2.1m sqm
sorry, no render has been published, but the architect is ARTEC
Dubai doesnt bother me anymore, there burning themselevs out - It will catch up with them sooner or later when they see hundreds of buildings standing empty.
after a few rumours and hints dubai has finally approved the world's second tallest tower called park square tower
it will have 150 floors, the height still is a secret but will be around 700m
the tower is only for hotel-use, but as it is so big, it will house about 6 to 7 hotels
construction is expected to start this year, the site for the new park square project, which consists of 30 commercial towers and 10 residential towers as well as 2 hotel towers, is ready to start with construction
completion date is scheduled to be 2010
tower is worth around $1.5bn
size is 2.1m sqm
sorry, no render has been published, but the architect is ARTEC
this tower makes economic sense especially given the shortfall in hotel rooms in dubai.i reckon they require atleast another two of these to make up the shortfall.
Even the USA had a major crisis in the 80's. And the funny thing is that after that period not that many skyscrapers have been build in the USA compared to the 2 decades before the crisis.
Just look at Dallas, Detroit, San Fransisco and Houston.
this tower is yet the most powerful testimony of how confident dubai is in it's construction boom.experts say the cycle in dubai will last another 8 - 10 yrs.so guys expect to see more of these ultra-tall towers in the near future.
i'm sure once other projects like DIFC,DUBAI MEDIA CITY,SILICON OASIS....etc begin to bear fruit these towers and many like this will be springing up at an even faster pace.businessmen,tourists,casual visitors....... will all start to converge on this city and have a big impact on the demand equation.so the question of these towers remaining empty hollow shells doesn't arise here.
^^^The first sensible comment that has been made!!!
I think this is great news and I can't wait to see renders.
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