from today's GlobeSt (8/19):
Last updated: August 19, 2008 12:36am
Emaar Unveils $3.2B Mixed-Use Neighborhood
By Robert Carr
"DUBAI, UAE-Emaar Properties, already developing the tallest building in the world, has now announced that it will spend about $3.2 billion (US) on Mushrif Heights. The 44-million-sf property is near Al Awir and is close to Mushrif park, according to the company in a statement.
The company is already building the Burj Dubai, the world’s tallest building, and the Dubai Mall, one of the largest retail centers ever developed. Emaar is also developing the $26.6 billion King Abdullah Economic City, the region’s largest private sector-led project in Saudi Arabia. The firm holds a 30% equity in Dubai Bank." ...
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