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.
The National Newspaper reports “Dubai’s largest property developers say they are cutting back on activity and reviewing the project timetables in response to the worsening economic climate.
The admissions, made yesterday, were the clearest sign yet that developers now consider the lack of credit and slowdown of sales as serious impediments to growth in the months to come.”
SOURCE: The National Newspaper – Developers say they will scale back activity
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.
courier mail reports that “BRISBANE may have to sacrifice some middle-ring character suburbs to medium-density housing to achieve population targets, an academic says.
Brisbane has to accommodate an extra 140,000 people over the next 20 years through what is known as infill development, or redeveloping areas with higher density.”
read more @ the SOURCE: Character suburbs may make way for medium density | The Courier-Mail.