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Old March 28th, 2012, 05:24 AM   #601
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Looking real good!
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Old March 28th, 2012, 12:43 PM   #602
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Quote:
Originally Posted by MattToronto View Post
That's horrible comparison. Heron Tower's PLANNING took 19 years. Construction of the actual project only started when funds were attained in 2007. Projects in Dubai start without any future investors or tenants.
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I can see his point, I think (as many others do) that the rate of construction is slow for various reasons but comparing to Heron tower which started in 2007 and was finished around four years later shows that this is a slow process for a tower with tons more space to it. I think 2017-19 is a reasonable date for this to finish.
Ok, I take your point.... 4 years to build a single tower that is a 1/3 shorter than Dubai Pearl, which consists of 4 towers, with massive footprints.... You do the maths.
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Old March 28th, 2012, 12:55 PM   #603
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You are realy naive. Size of the footprint really doesn't matter since when you have larger footprint simply more workers can work on one floor. And this tower made 10 floors in 5 years - two freaking floors in a year Thats damn slow for any, even the most complicated tower in the world. As has been sad they building this thing without having tenants for it so they are not in the hurry to finish it. I can't see any other reason.
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Old March 28th, 2012, 01:05 PM   #604
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How about tight financing?

BTW, this complex is not located on a freehold area, so they can't sell space there to individuals or corporations.
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Old March 28th, 2012, 01:24 PM   #605
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If there were tenants willing to rent this they would surely get a loan to finish it and they would definitely would want to do it as fast as possible to start make money on this thing. And every day of delay costs them since all machinery isn't rent for free (not to mention the workers) so it is in their interest to finish it fast as possible if they really have interested tenants. Apparently it isn't the case.
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Old March 28th, 2012, 04:22 PM   #606
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But you get (or try to get) committed tenants only for the commercial space, and this complex does not have much. Plus, building slow costs actually less then building fast (the contractor mobilizes as much workforce and machineries as needed, or as per the cheques received from the developer).

If the developer has not raised enough financing to build the complex, building it slow to match the cash-flow available, is the most logical and economically sound thing to do.
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Old March 28th, 2012, 04:28 PM   #607
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26 March 2012

Tower 1: Beams L8 Rebar work 2nd part in progress.


Tower 2: Construction of columns L6-L7 and beam bottom form work in progress.


Tower 3: Construction of columns L7-L8 and bottom form work for L8 in progress.


Tower 4: Core wall shutter closing at L6-L7 (2nd stage) completed and fixing placing boom.

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Old March 28th, 2012, 04:45 PM   #608
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Quote:
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But you get (or try to get) committed tenants only for the commercial space, and this complex does not have much.
Are they going to rent this for free ?

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Plus, building slow costs actually less then building fast (the contractor mobilizes as much workforce and machineries as needed, or as per the cheques received from the developer).
All cranes, formworks and scaffoldings in this project have never been removed and sits here most of the time unused. So it seems you are wrong here too.

Anyways lets hope they will finish it because it seems like innovative expensive projects first bites the dust in dubai leaving just tacky boxes in the tallest block. First pentominium halted. Now this barely U/C. And Infinity doesn't show much of an progress lately too.
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Last edited by patrykus; March 28th, 2012 at 04:54 PM.
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Old March 29th, 2012, 06:04 PM   #609
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Quote:
Originally Posted by patrykus View Post
You are realy naive. Size of the footprint really doesn't matter since when you have larger footprint simply more workers can work on one floor. And this tower made 10 floors in 5 years - two freaking floors in a year Thats damn slow for any, even the most complicated tower in the world. As has been sad they building this thing without having tenants for it so they are not in the hurry to finish it. I can't see any other reason.
No need for personal insults. You can make your point clearly without being rude.

10 floors for four towers is 40 floors in 5 years.

As Altin said, financing is tight, so the pace of developemt is slower than we'd like, but it's progressing, which is the main thing.
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Old March 29th, 2012, 06:35 PM   #610
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By that reckoning there's only 252 floors to go that should see it topped out in oooh about 2044.
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Old April 16th, 2012, 04:33 AM   #611
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Updates?
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Old April 16th, 2012, 02:46 PM   #612
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The render seen from a different angle... should be a great addition to the skyline

One word amazing, i just love this building...

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Old May 10th, 2012, 02:02 PM   #613
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It looks big.
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Old May 10th, 2012, 06:13 PM   #614
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Render looks good.
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Old May 11th, 2012, 06:05 PM   #615
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So when are we going to start seeing all the stuff around the base of the complex start to emerge?



Source
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Old May 11th, 2012, 06:06 PM   #616
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And another good render
[IMG]http://i46.************/30nkpyx.jpg[/IMG]

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Old May 11th, 2012, 06:07 PM   #617
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You should be glad that at least the Pearl itself is growing, let alone the surrounding buildings.
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Old May 11th, 2012, 07:50 PM   #618
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Yup, just as in case of Burj Khalifa, there's time for those. Let's have first the main structures raise, indeed.
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Old May 15th, 2012, 07:55 PM   #619
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14 May 2012
Tower 1: Rebar work for swimming pool area in progress.


Tower 2: Topping mesh Rebar and casting at L7 in progress.


Tower 3: Construction for Beam casting at L8 in progress.


Tower 4: Columns Rebar & Form work for L5-L6 in progress.

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Old May 15th, 2012, 11:40 PM   #620
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thanks for the updates
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