Bahrain’s real estate feels pinch as buyers shun new properties

Gulf News(UAE) reports “Bahrain’s real estate market is starting to feel the effects of the global financial crisis, but its modest growth rate should prevent it from seeing a sharp decline, local property experts say.”

[SOURCE: Gulfnews: Bahrain’s real estate feels pinch as buyers shun new properties].

McDowell + Benedetti wins 9ha Uttoxeter masterplan scheme – Building

Building.co.uk  reports that “Architect McDowell + Benedetti has won the competition to masterplan a former JCB site in Staffordshire.”

SOURCE: Building.co.uk – McDowell + Benedetti wins 9ha Uttoxeter masterplan scheme

Demolition of Doha’s ‘business centre’ to start soon

Gulf Times (Qatar) reports that the development of Doha’s business centre that has been delayed since 2006 will start in January 2009. Once the area is finished being cleared in 2010 the land is suspected to be given to Demolition of Doha’s ‘business centre’ to start soonQatar Foundation

SOURCE: Gulf Times – Qatar’s top-selling English daily newspaper

Full speed ahead for Crossrail

A deal worth up to £350m that will help deliver Crossrail on time and on budget has been finalised with the City of London Corporation. The agreement was announced today by Andrew Adonis, Transport Minister, Boris Johnson, Mayor of London and Sir Michael Snyder of the City of London Corporation.

The Minister and the Mayor also announced the signing of a series of core funding and governance agreements that will underpin the project.

The City of London Corporation has agreed to make a direct contribution of £200m to the Crossrail project. In addition, the City Corporation will seek contributions from businesses of £150m, and has guaranteed £50m of these contributions.

Today’s confirmation of funding and governance agreements means that Cross London Rail Links Ltd (CLRL), the company responsible for the delivery of the project, will now become a wholly owned subsidiary of Transport for London. This finalises how the project will be governed and continues to build momentum toward the start of main construction works in 2010.

The route goes from Maidenhead and Heathrow in the west right across the capital into Essex and Kent in the east. It travels underground through the city centre between Paddington and east London.

SOURCE: Greater London Authority – Press Release.

Architect slams ‘dismal’ UK design – The Guardian

The Guardian reports

“Andres Duany flew in from America and yesterday unveiled a 64-point litany of mistakes made by British architects and planners over the last 50 years.

Duany is one of the original designers of Poundbury, the prince’s new town in Dorset, and said the leading lights of modernist architecture including Richard Rogers, Frank Gehry, Zaha Hadid and Peter Eisenman were “increasingly irrelevant”.”

SOURCE: The GuardianArchitect slams ‘dismal’ UK design

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