While banks’ liquidity in the Gulf region has been affected by the global credit crisis and the region’s central banks have launched measures to shore up confidence. The crisis has placed Abu Dhabi in an ideal situation, where it can use its surplus cash for launching projects.
Read more @ the SOURCE: Khaleej Times Online – Abu Dhabi Well Positioned for Infrastructure Investments.
Inside the Bay Area reports that “Oakland took the next step in defining the future of its central waterfront Wednesday by awarding a $2.1 million contract to………………..the Oakland firm, Community Design + Architecture, the contract to prepare a so-called specific plan and environmental impact report for the central estuary. The area encompasses 428 acres situated between 19th and 54th avenues below Interstate 880.”
SOURCE: Oakland firm wins $2.1 million contract to study waterfront design – Inside Bay Area.
BBC News reports that “Architecture and urban planning students in Bristol are being trained in how to reduce the impact of terrorism in the buildings they design.
Students will take part in a session involving a simulated terrorist attack in a busy city centre environment.”
read more @ the SOURCE: BBC NEWS | UK | England | Bristol/Somerset | Students design out terror threat.
Various news agencies (AFP, Reuters) are reporting that the Sands Macau may be forced to layoff 9000–11000 workers as work is suspended on the its several projects in Macau as they look for financing of 1.2–2.0 billion USD to restart the work on the sites.
For more information read the SOURCE: International Herald Tribune – Las Vegas Sands to fire up to 11,000 Macau workers
Landscape architecture – a profession that focuses on the shaping of outdoor space and improves the interaction between people and the environment – has become indispensable to public works in recent years as there is a growing demand for a green cityscape.
About 50 landscape architects are now serving various Government departments to provide landscape designs, which are aesthetically satisfying, ecologically sound and functional.
Read more @ the SOURCE: news.com.hk – Enhancing HK’s cityscape.
Asiaone.com reports that “The quality of urban transport matters greatly to a city’s character, its liveability, and whether it can continue to sustain itself and grow, said Transport Minister Raymond Lim yesterday.
‘Today, about half of the world’s population already lives in cities,’ he said, adding that a UN report forecasts that this would rise to 70% in the next 40 years.”
SOURCE: Asiaone motoring – Transport key to cities’ growth: minister.
AJC.com reports that “the construction activity in Buckhead is “goofy.”
That description comes not from a disgruntled neighbor but the Urban Land Institute, a national organization of developers, many of whom are in Atlanta.
Buckhead absorbs less than 500,000 square feet of office space annually, but more than 2 million square feet is under construction, the report said.
ULI presented its annual Emerging Trends in Real Estate Report on Tuesday and once again Atlanta is portrayed as overbuilt and not a particularly attractive place to invest.”
SOURCE: ajc.com – Atlanta a poor choice for real estate investing, report says | ajc.com.