Cash boost for property firms – The National Newspaper

The National Newspaper reports

“Firms fully or partially owned by the Government, such as Dubai Properties, Emaar Properties and Nakheel, will be able to tap into the first US$10 billion (Dh36.73bn) of what will eventually be a $20bn sovereign bond programme, to meet their financial obligations. The Central Bank agreed to lend the money to Dubai earlier last week.”

[SOURCE: The National Newspaper – Cash boost for property firms]

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Heatherwick to landscape redesigned Chelsea Barracks – Architects Journal

Architects Journal reports

“Thomas Heatherwick will landscape the new Chelsea Barracks complex, which has had a substantial overhaul in response to local concerns

The developers of the £1-billion West London development – a joint venture between a company owned by one of the Candy brothers and Qatari Diar Real Estate Investment Company – have made a number of design changes following comments by CABE and local residents.”

[SOURCE: Architects Journal – Heatherwick to landscape redesigned Chelsea Barracks]

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RIBA – Birmingham: Past, Present & Future – 25th March


To celebrate the launch of the ‘Big City Plan’ the Royal Institute of British Architects, local building materials supplier EH Smith and the owners of a number of West Midlands based brickworks, Weinerberger, have joined forces to arrange a one day event looking at the past, present and future of Britains’ second city.

Event @ The Botanical Gardens Birmingham

Wednesday March 25 9:00-16:00

Speakers
Ruth Reed BA, DipArch, MA, RIBA

Glenn Howells BA, DipArch, RIBA

Clive Dutton OBE

Reserve your place online now

International Design Competition for Park – Madrid Spain

The competition | Concurso Internacional Parque de Valdebebas

The aim of the competition is to secure the services of a multidisciplinary team that will plan and design a new urban park of approximately 80 hectares in Parque de Valdebebas. The design should resolve the transition between the urban area currently being developed and the adjacent forest park. Of utmost importance will be the proposed uses and their suitability for the scale and location of the park. To this end the winning design will need to make the most of the planning, landscape, environmental and social opportunities offered by the site.

More information go to the competition website

SOURCE: The competition | Concurso Internacional Parque de Valdebebas via AILA

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Bader Development sees slowdown as opportunity, readies St. Louis Park apartment project – Finance and Commerce

Finance and Commerce reports

“We believe it’s a great time to develop because there’s not a whole lot being developed,” said Robb Bader, vice president of acquisitions and development for St. Louis Park-based Bader Development. His firm, in fact, is gearing up to break ground on a $31 million apartment development in St. Louis Park.

The St. Louis Park-based developer is planning to begin construction on The Ellipse, a project offering 132 rental units and 16,000 square feet of ground floor retail space, at the northwest corner of France Avenue and Excelsior Boulevard.

The
project team includes Minneapolis-based DJR Architecture,
Minneapolis-based Damon Farber Associates as landscape architect and
the Hopkins-based Frana Companies as general contractor. The
Minneapolis-based Ackerberg Group will lease the commercial space in
the building.

SOURCE: Finance and Commerce

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