IT HAS been a frustrating time for many businesses in India’s IT hub of Bangalore. Endless traffic jams, sporadic power, a chaotic airport and many politicians who just couldn’t give a damn.
For four years, Karnataka state, home to India’s “silicon valley”, was ruled by a chaotic coalition with a regional party. Janata Dal (S)’s support base was among farmers, and politicians were criticised for ignoring Bangalore’s IT “elites”.
The result: more decrepit public transport, four-hour commutes, packed roads and blackouts that have taken some gleam off this city as it faces increasing competition for foreign investment from rival cities such as Shanghai and Manila.
Read more @ the SOURCE – Scotsman.com News – India’s politicians pay the price for ignoring booming urban economy – .
PA to invest $2b in urban projects
Some 1,400 businessmen attend Palestinian Authority’s financial conference in Bethlehem, pledge investments, discuss future of Palestinian economy.
The Palestinian Authority held a financial investors conference last week in Bethlehem. The conference, hailed a great success was led by Tarik Abbas – Palestinian President Mahmoud Abbas’ son.
The goal: To show the world the Palestinians have rehabilitated their economy and that the West Bank should not be considered a safe bet for overseas investors.
Read more @ the SOURCE: Ynetnews.com – PA to invest $2b in urban projects – Israel Money, .
The days of spending six digits to remodel that kitchen are over.
Landscape architects are seeing a change in the way people are using their hard-earned money: In the coming decade, they’ll spend their cash (and their time) on the outdoor “great room.”
Erase the image of a simple patio with a few potted plants scattered around. Today, outdoor living is less about communing with nature and more about cooking, entertaining and relaxing outside with family and friends.
Read more @ the SOURCE: The Rocky Mountain News – Outdoor living areas all the rage : Home & Garden :
THE designer behind the famous sail-shaped Burj Al Arab luxury hotel in Dubai has won an international competition to design Devine’s $1 billion French Quarter precinct in Brisbane.
The design of two towers by Tom Wright of Atkins has been selected from a field of five international architectural firms which were vying for the honour.
Your say: Is Brisbane ready for a project like this?
Atkins is also the group behind the Trump International Hotel and Tower in Dubai.
Devine managing director David Devine said yesterday now that the concept for the building had been selected planning work would start with an eye to lodging a development application in the next couple of months.
Read more @ the SOURCE: The Courier-Mail – Twin towers in Brissie’s French Quarter
The Metropolitan Transportation Authority unanimously approved a tentative billion-dollar deal with the Related Companies on Thursday to build a 26-acre, $15 billion enclave of office towers, residential buildings and parks over the West Side railyards.
As a result, the transportation authority will negotiate a formal contract with Related, and its partner, Goldman Sachs, over the next five months and deposit an $11 million check from the developer for fees related to the massive project. The yards sit on both sides of 11th Avenue between 30th and 33rd Streets, near the city’s convention center.
The deal sets the stage for Mayor Michael R. Bloomberg’s long-running campaign to transform the once-industrial neighborhood into the city’s next major business district. Still, it could be years before the first building is erected over the windswept yards and the transportation authority begins to get a steady rent stream from the developer.
Read more @ the SOURCE: NYTimes.com – M.T.A. Approves a New Deal to Build at West Side Yards
Design Team includes:
Master Plan Architect
PWP Landscape Architecture