‘Recovery within eight to 12 months’ (Memon Investments) – Emirates Business 24/7

Emirates Business 24/7 reports

“Memon Investments, a Dubai-based property developer and part of the Memon Group of Companies, has projected that the UAE real estate market will bounce back within the next eight to 12 months.

The developer has based its optimistic forecast on recent industry findings, which reflect a decline in the construction cost per square foot by an average of 30 per cent since the onset of the global economic crisis.”

[SOURCE: Emirates Business 24/7 – ‘Recovery within eight to 12 months’]

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U. of Pennsylvania Will Spend $40-Million on a New ‘Penn Park’ – Chronicle.com

Chronicle.com – Buildings & Grounds: reports

“The University of Pennsylvania plans to spend some $40-million creating a park full of playing fields on 24 acres of land between the Schuylkill River and what is now the east end of the campus. The land, to be known as Penn Park, includes a large parcel that the university bought recently from the U.S. Postal Service, which used 14 acres of it for parking for what used to be Philadelphia’s main mail-sorting facility.

The park, which is expected to be finished in two years, was designed by Michael Van Valkenburgh Associates. The site will include a system for capturing rainwater and using it for irrigation.”

[SOURCE: Buildings & Grounds: U. of Pennsylvania Will Spend $40-Million on a New ‘Penn Park’ – Chronicle.com]

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How to build a better city: It’s child’s play – TheStar.com

TheStar.com reports

” “A Call to Action,” released recently by the Ontario Professional Planners Institute (OPPI), argues that to design a city that works for the young is to design a city that works for everyone.

This may not be an original idea – it goes back most recently to Enrique Peñalosa, the celebrated former mayor of Bogotá – but it is a beautiful one, powerful and radical, even revolutionary.”

[SOURCE: TheStar.com | Insight | How to build a better city: It’s child’s play]

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10.7 Billion Trips Taken On U.S. Public Transportation In 2008 – APTA

American Public Transportation Association (APTA) reports

“Despite falling gas prices and an economic recession, increasing numbers of Americans took 10.7 billion trips on public transportation in 2008, the highest level of ridership in 52 years and a modern ridership record, according to a report released today by the American Public Transportation Association (APTA). This represents a 4.0 percent increase over the number of trips taken in 2007 on public transportation, while at the same time, vehicle miles traveled (VMTs) on our nation’s roads declined by 3.6 percent in 2008, according to the U.S. Department of Transportation.”

SOURCE: APTA: 10.7 Billion Trips Taken On U.S. Public Transportation In 2008 — Highest Level in 52 Years; Ridership Increased as Gas Prices Decline and Jobs Were Lost

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Tulsa updates master plan for Parks and Recreation | KJRH.com

KJRH.com reports

“It has been 30 years since Tulsa updated its master plan for the city’s Parks and Recreation Department. But that will soon change. After decades without clear direction, the department is working to put together a road map for the next five to ten years.”

KJRH.com – Tulsa updates master plan for Parks and Recreation

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