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Old January 8th, 2009, 03:07 PM   #1041
germantower
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i think the finishing of the Palm Jumeirah is more important then a building whichs foundation isn't even half constructed.......
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Old January 8th, 2009, 03:45 PM   #1042
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Quote:
Originally Posted by germantower View Post
i think the finishing of the Palm Jumeirah is more important then a building whichs foundation isn't even half constructed.......

LOL ! I think so to, and Palm Jebel Ali, lol

I think waterfront will be scaled right back, I was speaking to a Nakheel city planner today.....
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Old January 8th, 2009, 04:23 PM   #1043
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Quote:
Originally Posted by Imre View Post
I know many people wish this tower On HOLD but still U/C
Noone wish this tower on hold !!

Who are these freaks??
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Old January 8th, 2009, 05:48 PM   #1044
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[QUOTE=Stephan23;30433802]Noone wish this tower on hold !!

Who is Noone?
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Old January 8th, 2009, 05:55 PM   #1045
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He was probably mean "No one"...
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Old January 8th, 2009, 05:55 PM   #1046
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[QUOTE=jhalsey;30437742]
Quote:
Originally Posted by Stephan23 View Post
Noone wish this tower on hold !!

Who is Noone?
no one.
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Old January 8th, 2009, 07:14 PM   #1047
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"On Hold" ?
I dont think so
I hope not
btw Imre pics -like ZZ-II said- shows activity around and in the site. This is good
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Old January 8th, 2009, 10:50 PM   #1048
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I love the mentality:
Our economy failed, so you have to fail, too.
Actually it`s sad. I love Dubai but i also find it sad that 2 skyscrapers over 300m are on hold in Chicago. I am a real skyscraper fan.
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Old January 9th, 2009, 12:40 PM   #1049
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Yes CS - it's shitty
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Old January 9th, 2009, 02:17 PM   #1050
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09/January/2009

Nakheel Harbour Tower





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Old January 9th, 2009, 05:00 PM   #1051
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So it is not on hold. That is nice to hear.
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Old January 9th, 2009, 07:56 PM   #1052
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I guess they will complete the foundations over then next 2 years then re-evaluate if to continue or hold on selling units.
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Old January 9th, 2009, 08:36 PM   #1053
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Nice progress. Is it possible for anyone like Imre to take an aerial shot from the plane/helicopter or nearby building?
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Old January 9th, 2009, 09:35 PM   #1054
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Quote:
Originally Posted by CrazyAboutCities View Post
Nice progress. Is it possible for anyone like Imre to take an aerial shot from the plane/helicopter or nearby building?
A nearby building allowing a good shot from above will be difficult to find...
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Old January 10th, 2009, 12:20 AM   #1055
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Quote:
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A nearby building allowing a good shot from above will be difficult to find...
lol. I don't know that area very well since I never been to Dubai before. Just wondering if that area has some skyscrapers nearby to take aerial shot of that site.
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Old January 10th, 2009, 01:07 AM   #1056
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DUBAI, Dec 22 (Reuters) - Government-owned Nakheel, developer of Dubai's palm-shaped islands, has adequate funds for its projects but has no plans to launch new developments as sales are slowing, its chief executive said on Monday.

Chris O'Donnell told reporters the firm did not see a need for further layoffs after it announced plans to reduce its workforce by 15 percent last month.

Nakheel is one of a number of Dubai developers that have cut staff, scaled back and reviewed projects as the global financial crisis hits the once-booming real estate sector of the Gulf emirate.

O'Donnell said he expected better market conditions in 2009.

"The banking system is starting to free up with the liquidity that has gone into the market and I think you'll find in 2009 we will see a lot more liquidity coming into the market," he said.

"So basically we are matching supply and demand and that is how we are managing our projects."

O'Donnell said Nakheel had not made any sales in the last couple of months and the firm's first sukuk, worth around $3.6 billion would come up for renewal in November 2009.
He told Reuters earlier this month Nakheel is not in discussions over the sale of the company and that a public listing for the firm was still an option, but there was no time frame.

Omniyat Properties said late last month it had cut 69 jobs, while Damac Holding, the emirate's largest property developer, said it would cut 200 jobs.

Emaar Properties EMAR.DU could make job cuts, its chairman Mohamed Ali Alabbar said last month.

Dubai-based developer Meraas said early this month it would review a $95 billion property project in the emirate which was launched at a property exhibition in October.
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Old January 10th, 2009, 01:19 AM   #1057
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That means only that the company prioritized his projects.
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Old January 10th, 2009, 02:30 AM   #1058
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Old January 10th, 2009, 09:36 AM   #1059
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El mundo está loco loco, don't you think the world is turning crazy? The height of this is super amazing 1km is too much. They'll use all concrete in the world, all the glass in the world and all the steel in the wolrd. Are we preparated for something like this? Don't wanna be a fatalist but don't you think mankind should solve so many problems before building this? I know is not easy but why to spend so much money on this building? do they need it? are they gonna fill it? Just imagine workers at the top, have to go up and down all days.
Life is unfair.
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Old January 10th, 2009, 09:41 AM   #1060
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ON HOLD

Everywhere I go everybody know cause its around and around we go/ Everywhere I go everybody know and its around and around we go.





This one U/C

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