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Old November 5th, 2005, 01:11 PM   #1
ZOHAR
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Aquaria is going to start

one of the biggest aquaries in the world going to build in Eilat,South Israel
AQUARIA", as it is known, is an expansion of Eilat's downtown core, adjoining over 25,000 existing hotel rooms and vacation units in Eilat and the Red Sea resort cities of Aqaba and Taba. The project includes theme park rides and attractions, a water park, and a championship golf course designed by Robert Trent Jones II.

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Old November 5th, 2005, 01:25 PM   #2
sista
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nice! can you add more info?
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Old November 5th, 2005, 01:27 PM   #3
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i love theme parks..
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Old November 5th, 2005, 01:38 PM   #4
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Financing set for $375M tourism venture
Real Estate Weekly,

Sonnenblick-Goldman Company has been retained by Aquaria, Ltd. to arrange venture and construction financing for the development of Aquaria Entertainment City, a mixed-use entertainment, recreation, and lifestyle center to be built in Eilat, Israel, on the Red Sea.

The 300-acre beachfront parcel, owned by the government, is being developed as a national tourism infrastructure project in a private-public partnership.

The new "City" is intended to be a catalyst for tourism development in the region, in much the same manner as Walt Disney World served as a catalyst for tourism development in Orlando.

Unlike Disney World or Universal Studios, which are gated attractions where a ticket provides admission to the park, Aquaria will be a city with facilities open to visitors around the clock.

The development will contain numerous entertainment activities, such as a theme park, water park, festival marketplace with shops and restaurants, golf and beach club facilities, convention center, arenas, amphitheaters, catering operations and other entertainment and leisure services.

Aquaria will be themed with fountains, waterways and distinguished ports from all over the world..

Aquaria is expected to draw tourists from all over the world, and serve as the cornerstone for the repositioning of Israel as an international family destination.

The development cost of Aquaria is expected to be $375 million, with approximately $205 million in debt, a $45 million Israeli government grant, and $125 million of equity led by the developers.

Aquaria is projected to open in 2008.

"We are delighted to see all the hard work of so many talented people coming together after many years of studies and preparation," says Joseph Bernstein, the project's founder.

"We believe Aquaria will create a new heartbeat for Eilat. It will be the first project of its kind--one that we expect will set the standard for future recreation centers around the world."

Arthur Sonnenblick, senior managing director of Sonnenblick-Goldman Company, adds, "We believe Aquaria will be successful and are proud to have the opportunity to participate in arranging the financing for the project.

"The viability of the project is strongly supported by the project's superior location in Eilat, Israel's tourism hub, with 2.5 million Israeli visitors each year. In addition, Mr. Bernstein has put together a very strong and experienced development team well worthy of a project of this scope."
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Old November 5th, 2005, 04:10 PM   #5
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OMG this massive , i cant wait until 2008
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Old November 5th, 2005, 04:16 PM   #6
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hahahah u can't come
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Old November 5th, 2005, 05:10 PM   #7
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nice mark for arabs,u wont see me there
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Old November 5th, 2005, 05:18 PM   #8
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Looks great

Quite Dubaish if I do say so myself
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Old November 5th, 2005, 05:23 PM   #9
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Quote:
Originally Posted by marcobruls
nice mark for arabs,u wont see me there
ha?????????
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Old November 5th, 2005, 05:24 PM   #10
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Niiiiiiice .
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Old November 5th, 2005, 06:10 PM   #11
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Wow that's hugh... wonderful! How does the area look right now?
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Old November 5th, 2005, 06:19 PM   #12
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Quote:
Originally Posted by LuckyLuke
Wow that's hugh... wonderful! How does the area look right now?
basically desert
for eilats photo album see this thread:
http://www.skyscrapercity.com/showthread.php?t=87669
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Old November 5th, 2005, 10:08 PM   #13
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paradox:Eilat has population of 54,000
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Last edited by ZOHAR; November 5th, 2005 at 10:23 PM.
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Old November 5th, 2005, 10:39 PM   #14
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it looks beautiful !!
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Old November 6th, 2005, 03:45 AM   #15
Chad
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wow, from the rendering it looks really hugh. Very ambitious plan indeed, Congratulations
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Old November 6th, 2005, 05:38 AM   #16
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nice. but its allready been posted here.,
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Old November 6th, 2005, 12:48 PM   #17
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Wow!!! It looks fantastic.
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Old November 6th, 2005, 09:00 PM   #18
ZOHAR
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Quote:
Originally Posted by pakboy
nice. but its allready been posted here.,
yes.but yesterday they approved and they said they starting to build it...
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Old November 6th, 2005, 09:15 PM   #19
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huge project, looks amazing.
but 350m is rather cheap...
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Old November 6th, 2005, 10:27 PM   #20
ZOHAR
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i don't think that;s cheap!
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Happy birthday,my Tel Aviv!!!
Tel Aviv-Promised land for LGBT

I could never leave Tel Aviv(Tel Aviv house anthem)

Tel Aviv is a RAINBOW in the Middle East.

AMSTERDAM HERE I COME;)
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