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Old March 13th, 2009, 06:16 PM   #101
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Financial Towers | 45 fl x 2 | 160m | 525ft | U/C

Link to its thread in the "Highrises" section: http://www.skyscrapercity.com/showthread.php?t=480485

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Location:

I. I. Chundrigar Road - Karachi & Pakistan's Financial Hub

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Next week's project would be: Sofitel Hotel Tower & Mall | Mixed Use | 27fl | 110m | U/C
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Old March 17th, 2009, 09:21 PM   #102
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Karachi’s Skyline finally taking shape

KARACHI: Karachi is creating a new skyline along the coast of Arabian Sea in Defence Phase 8. Currently, four international projects are under construction in this area, on their way to establish the first creek enclave in Pakistan.

It may be recalled that the Defence Housing Authority (DHA), Karachi, announced its plan to develop Phase 8 in 1987 but it was only in 1994 that DHA began allotting plots to army officers and announced permission for construction in its first three belts.

All residential and commercial plots in DHA Phase 8 today are owned by the private sector and permission for construction has only been granted for a portion of the phase.

As a result of the Pakistan property boom that began in 2001, big names of the international real estate industry also sat up and took notice of the Karachi coastline. ‘Crescent Bay’ by Emaar Pakistan, ‘Creek Vista’ and ‘Creek Marina’ by Meinhardt Singapore Pte Ltd and ‘Creek Side’ by Abu Dhabi based Injaz Mena Investment Company PSC, joined with UK-based Global Haly Investment Ltd, are all multi billion dollar projects expected to be completed within the next three years.

Sysmax, a Malaysian firm, developed the DHA Golf Club in Phase VIII and is currently working on the soon-to-be-built Raffles International Club. According to further details, construction of new roads, new sewerage lines, water supply lines, water reservoirs and KESC lines is under way and will be completed within the three-year timeframe. The contractor for this project is the National Logistics Cell (NLC) and the cost of construction for the roads is estimated to be around Rs2.07 billion.

An industry analyst informed The News that the UAE based DAMAC developers were also in line to start a project. However, conflict with the government and the DHA led to their backing out of the deal. One important question that arises is with what price tags are these projects expected to bring for their properties. An official of one of the projects informed that their prices ranged between Rs15 and 25 million. He hesitated to reveal more since his company’s polices do not allow the project to be discussed as yet.

A real estate agent, who specialises in DHA and Clifton properties, shared that all four projects were competing with each other and therefore, any information regarding their work was considered sensitive.

He said that one particular project was in fact being bad-mouthed by estate agents, since developers had refused to involve these agents in the project. “On an average, all these apartments are roughly priced between Rs10 million to Rs25 million depending on the developer, the locality, the tower, etc. This is without adding the taxes and other additional charges,” the source added.

General Manager of Sales and Marketing, Creek Marina, Shabbir Siraj, said that due to inflation and the increasing prices of cement, steel and other construction materials, they were compelled to add the rising cost of production to the bills of their potential new clients.

He informed that the new prices would be 15-20 per cent higher than their earlier quoted ones, before quickly adding that property prices did increase with time and it was therefore, keeping the local market price in mind, that the new evaluation was being done.

“Clients who had booked apartments that were sold earlier during our first launch will remain on the earlier contract and pay their remaining instalments as was agreed in the initial project,” he clarified.

A sales executive of another project who preferred to remain anonymous (also due to company policies) said that most of the buyers of these projects were overseas Pakistanis. “If 60 per cent of all these projects have been sold collectively, then about 40 per cent are owned by those Pakistanis who have dual nationalities or have well-established businesses abroad and consider these complexes to be a part of their future investments.”

He further reasoned that high level projects are introduced after thorough research is carried out regarding the market and its consumers. “Obviously we do have buyers, that’s why we can see these projects coming up. No business likes to play blindly and get established first and then wait for customers.”
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Old March 20th, 2009, 11:04 PM   #103
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Sofitel Hotel Tower & Mall | Mixed Use | 27fl | 110m | U/C

Link to its thread in the Highrises section: http://www.skyscrapercity.com/showthread.php?t=623292

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Promotional Video:



Location:

Near Emerald Tower:



30th Jan 2009 Video update:

2nd part of this video focuses on the Emerald Tower



Latest pics from (9th March, 2009)

image hosted on flickr


image hosted on flickr


Next Week's project would be: Dolmen City | Commercial | 150m | 492ft | 2*40Fl | U/C
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Old March 22nd, 2009, 02:36 PM   #104
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Karachi's Location in the Sindh Province:

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Old March 24th, 2009, 07:53 PM   #105
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KBCA reworks plan for skyscrapers

By Azfar-ul-Ashfaque

KARACHI: The Karachi Building Control Authority has shelved a plan to allow construction of 100-storey or above high-rise buildings “anywhere in the metropolis”, as it is now looking for specific zones where it could allow construction of at least 40-storey or above buildings, Dawn has learnt.

About five months back, Local Government Minister Agha Siraj Durrani, who is the ‘authority’ for the KBCA, had approved a KBCA plan to allow construction of 100-storey or above high-rise buildings anywhere in the city and announced in a press conference that the government would table a bill in the provincial assembly to make a special law for high density development in Karachi, because existing laws did not permit the KBCA to allow construction of such high-rise buildings.

According to the proposed plan, a builder could construct a 100-storey-plus building at any commercial plot, measuring a minimum of 5,000 square yards. There is no bar on amalgamation of plots and the high-rise buildings could be constructed ‘anywhere in the city’ provided the plot is located on a minimum of a 100-ft wide road.

The plan was, however, in contravention to the city government’s vision as envisaged in its Karachi Strategic Development Plan (KSDP 2020), which promotes taller buildings in specific areas and in selected new urban centres and restricts them from being built in a sporadic manner all across the city. According to the KSDP, “the high rise developments should be designed in a coordinated manner with a mix of uses including a variety of housing types, good connectivity to public transit and well planned vehicular, pedestrian and open space systems to ensure that they become desirable places to live and work”.

Strong criticism

Sources said that strong criticism from other stakeholders, including the private sector and town planners, forced the KBCA to drop its earlier plan to allow such buildings without the limitation of any area in the city.


“Initially, we wanted to frame the building regulation for entire Karachi [within the KBCA’s jurisdiction]. But after holding a series of meetings with professional bodies and experts we found that we cannot allow construction of high-rise buildings in the entire city,” KBCA’s chief controller Manzoor Qadir told Dawn. “It was a consensus view that we need specific zones for the construction of 40-storey or above buildings.”

He said that after the consultation, the Sindh government formed a committee comprising town planners and senior architect so that they could meet and identify specific zones to give the city a new skyline. “The committee has almost finalised its recommendations and soon it will submit them to the government,” said Mr Qadir.

The sources said that the KBCA and the committee also consulted various departments of the city government including Master Plan, Works and Services and the Karachi Water and Sewerage Board before finalising its recommendation regarding identification of new zones where construction of 40-storey or above high-rise buildings is feasible.

Mr Qadir said that the coordination of all stakeholders, including the city government, was necessary for the planning of high-rise buildings. “The high-rise buildings could not be constructed until we have a modern fire fighting system, water supply and efficient sewerage system etc.”

New skyline

The chief controller defended the construction of high-rise buildings because he felt that it would give a new skyline to the city and would give a boost to the construction industry, while on the other hand save cost of infrastructure, catering to the needs of off-street parking and cost of land. The high-rise buildings utilised less land area and leave more open spaces for landscaping and parks.

A couple of weeks ago, the KBCA’s chief controller gave a presentation to Sindh Governor Dr Ishratul Ebad, the LG minister and the city nazim at a meeting held at the Governor’s House. According to the presentation, the allowable floor area ratio (FAR) for the construction of a future high-rise building project would be 1:12 and above against the present 1:5.5 FAR for 1,000 sq-yd plots.

The meeting was informed that the sponsors of future high-rise projects shall arrange self generation of electricity, self sufficient sewerage treatment and its disposal and adequate water supply for the project in order to avoid any pressure on the existing infrastructure. The Environment Impact Assessment of all such projects shall be mandatory, besides provision of fire fighting as per international standards.

The participants of the meeting had asked the chief controller about areas where he wanted to enforce the new building regulation with regard to high density projects, to which the KBCA chief sought more time to furnish full details in the next meeting. However, due to preoccupation of the governor and other authorities concerned, the meeting on the subject could not be held yet.

Mr Qadir told Dawn that once the committee identifies new zones, its recommendations would be submitted to the government. Then a bill would be tabled before the Sindh Assembly to enable legislation for allowing high density development in Karachi.
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Old March 27th, 2009, 01:43 PM   #106
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Dolmen City | Commercial | 150m | 492ft | 2*40Fl | U/C

Render, from paragon's website who are the constructor of Dolmen City



Location:

image hosted on flickr


Link to its thread in the Highrises section: http://www.skyscrapercity.com/showthread.php?t=623375

A pic:

image hosted on flickr


Video:



Next Week's Project would be: Center Point | 150m | 28fl | U/C
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Old March 27th, 2009, 05:32 PM   #107
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Nice
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Old March 31st, 2009, 12:19 AM   #108
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Location of Karachi Financial Towers - The project covered at the very top of this page:

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Old March 31st, 2009, 03:22 PM   #109
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One more:

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Old March 31st, 2009, 07:27 PM   #110
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This road will look sweet after KFT is done!
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Old April 3rd, 2009, 04:39 PM   #111
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Center Point | 150m | 28fl | U/C

Link to its thread in the Highrises Section: http://www.skyscrapercity.com/showthread.php?t=696474

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VIDEO: http://www.acl.com.pk/Videos.aspx?movie=Trakker.flv

Latest Pics:

7th February, 2009

At the 4th Floor:



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Old April 3rd, 2009, 07:35 PM   #112
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The Centre Point is now at the 6th floor, they've started work on the 7th. The trapezoidal shaped front part is also getting rather tall now. It looked like work had slowed down considerably during the last couple months but now it seems to be picking up pace again. They still don't work at night like they used to though.
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Old April 7th, 2009, 03:39 PM   #113
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New Video on Centre Point:

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Old April 10th, 2009, 05:22 PM   #114
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ICON Tower | 60 fl | MIXED | U/C - The Tallest building U/C in Karachi!

Render [NOT FINAL]



The Correct Location marked with an Arrow:



March 15th, 2009

image hosted on flickr


Site is more than 2 Acres, but because the picture is small and was taken from afar, it doesn't seem so.

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Old April 13th, 2009, 12:35 AM   #115
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i dont even think that pic is the right construction project.
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Old April 13th, 2009, 10:03 AM   #116
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Quote:
Originally Posted by Menec3 View Post
i dont even think that pic is the right construction project.
But it is! Karachiite Forumer shay933 took that pic! He knows where the Karachi projects are!!
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Old April 14th, 2009, 04:59 PM   #117
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Then why does it say something else on the board eh?!
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Old April 14th, 2009, 09:39 PM   #118
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Quote:
Originally Posted by Menec3 View Post
This road will look sweet after KFT is done!
Another building for the I.I.Chundrigar Road:

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Old April 17th, 2009, 11:11 AM   #119
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Quote:
Originally Posted by Menec3 View Post
Then why does it say something else on the board eh?!
that board is for DHA Islamabad
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Old April 17th, 2009, 09:21 PM   #120
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Thanks!
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