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Old October 28th, 2012, 09:20 PM   #3241
AltinD
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Still on hold .... not cancelled
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Old November 15th, 2012, 06:08 PM   #3242
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The first crane on top has been removed, while the second will also go soon (there's a smaller crane erected to help with that). A clear sign the contractor is abandoning the site.
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Old November 15th, 2012, 06:19 PM   #3243
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Quote:
Originally Posted by AltinD View Post
The first crane on top has been removed, while the second will also go soon (there's a smaller crane erected to help with that). A clear sign the contractor is abandoning the site.
was quite expected, yet still sad
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Old November 15th, 2012, 08:16 PM   #3244
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Disappointing news. I hope it restarts.
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Old November 15th, 2012, 08:47 PM   #3245
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Well, it will restart and continue someday, in one form (the original) or another, but when ......
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Old November 15th, 2012, 10:26 PM   #3246
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Hopefully some investor or investors will buy it and finish it at this height or maybe add some more. Because the market is really picking up again in Dubai and the plot is worth alot.
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Old December 2nd, 2012, 07:37 PM   #3247
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I dunno but shouldn't be this building now be considered cancelled?
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Old December 2nd, 2012, 10:27 PM   #3248
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I wouldn't say cancelled- there is still a chance the project will restart at some point with the same design.
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Old December 2nd, 2012, 11:03 PM   #3249
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That's true, though sadly it can also stay capped like this for decades, like the Metlife North Tower in NYC. I think the unmounting of the cranes is the sign that shows that for now this beautiful project is really dead
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Old December 2nd, 2012, 11:15 PM   #3250
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any news ?
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Old December 2nd, 2012, 11:37 PM   #3251
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Nope
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Old December 3rd, 2012, 12:37 AM   #3252
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Well, if ever finished with this height, the residents won't ever have to wait for an elevator.
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Old December 3rd, 2012, 03:01 PM   #3253
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One of the cranes is still on top, so it isn't removed as we thought when the first one was.
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Old December 3rd, 2012, 04:34 PM   #3254
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They probably couldn't afford to remove em both
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Old December 3rd, 2012, 10:33 PM   #3255
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Who can't afford?


PS: Of course you think it's the developer who removed it
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Old December 3rd, 2012, 10:41 PM   #3256
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On Friday probably

Quote:
Originally Posted by Dubai_Steve View Post
[IMG]http://i48.************/2cesx76.jpg[/IMG]
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Old December 5th, 2012, 10:52 PM   #3257
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Are they going to fit out the existing floors, try to recoup their losses in some way?
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Old December 5th, 2012, 11:00 PM   #3258
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They should leave it as a reminder of the 2008-12 economic crisis for future generations to learn from.
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Old December 5th, 2012, 11:48 PM   #3259
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Old December 6th, 2012, 12:44 AM   #3260
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Quote:
Originally Posted by Kanto View Post
That's true, though sadly it can also stay capped like this for decades, like the Metlife North Tower in NYC. I think the unmounting of the cranes is the sign that shows that for now this beautiful project is really dead
Unlike the Pentominium, Metlife is actually used.
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