{"id":24797,"date":"2016-09-03T23:32:55","date_gmt":"2016-09-03T16:32:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=24797"},"modified":"2016-09-03T21:57:24","modified_gmt":"2016-09-03T14:57:24","slug":"sheikh-mohammed-launches-jumeirah-central-project-in-dubai","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sheikh-mohammed-launches-jumeirah-central-project-in-dubai\/","title":{"rendered":"Sheikh Mohammed launches Jumeirah Central project in Dubai"},"content":{"rendered":"


\nDubai Holding has announced the launch of a major new city district fronting Sheikh Zayed Road that will have up to 35,000 new homes, 9 million square feet of retail space and 7,200 hotel rooms.The Jumeirah Central project will contain 47 million sq ft of gross floor area along Sheikh Zayed Road, which Dubai Holding has said will “introduce new international standards in city planning”.It will have “smart, world-leading infrastructure” including a multi-modal transport network that includes aerial gondolas, more than 1 million sq ft of climate-controlled arcades and a cycling network that will spread through 33 parks and open-air spaces.There will be 25 points of access into the district, which will also contain schools, offices and parking for 44,000 cars. The hotels will all be built within a new tourism destination known as Jumeirah Central.The project was launched by Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, at a private event that was attended by a number of senior Dubai Holding officials, but work on developing the project has involved 19 government and private agencies over a two-year period.<div class=”embedObjects”><blockquote class=”twitter-tweet” data-lang=”en”><p lang=”en” dir=”ltr”>Today we announced plans for a a model future city in Dubai. Jumeirah Central extends over 47 million square feet. <a href=”https:\/\/t.co\/i52QkKldVr”>pic.twitter.com\/i52QkKldVr<\/a><\/p>&mdash; HH Sheikh Mohammed (@HHShkMohd) <a href=”https:\/\/twitter.com\/HHShkMohd\/status\/772051766087131136″>September 3, 2016<\/a><\/blockquote><\/div>”As our vision for future cities evolves, Dubai will continue to set the benchmark for city development across the globe,” Sheikh Mohammed said.”Jumeirah Central is a clear milestone in our journey towards building the city of the future and the creation of engaged and happy communities. “We will not stop investing in our economy, and these projects are tools to expedite that journey of growth. We are confident in the strength of our economy and are optimistic for the future of our nation.”The chairman of Dubai Holding, Mohammed Abdullah Al Gergawi, said the company expects to start developing work for Jumeirah Central soon.”All project plans and designs have been endorsed by government authorities in Dubai and we expect to start development in the coming months,” he said. “Jumeirah Central is a result of extensive research into future urban development and the creation of more cohesive societies.”The uniqueness of this project will not only be a model for advanced urban development, but will also play a key role in enhancing the quality of life and in shaping future generations.”Dubai Holding is the parent group of several major Dubai entities, including the Tecom Investments business parks operator, the developer Dubai Properties, the Jumeirah Group hospitality business and Emirates International Telecommunications, which operates the du brand.Dubai Holding is also delivering the Mall of the World project, which had also been due to be built alongside Sheikh Zayed Road. But on Wednesday it was announced that the Dh40 billion project was being relocated to a site adjoining Sheikh Mohammed bin Zayed Road, with the group’s vice-chairman Ahmad bin Byat saying this would deliver greater tourism benefits as well as allowing it to “further expand as needed in the future, according to market needs”.Janus Rostock, the Middle East head at architecture firm Atkins, told The National recently that Dubai is evolving to become a less car-centric city, which is also changing its approach to buildings.”In the past, Dubai was designed for a city of people driving cars. If you look at most of the development on Sheikh Zayed Road, it’s designed for people arriving at 120kph, so the architecture reflected that. “When you then go from being a 120kph city to a 5kph city, it changes. And there are several good examples – City Walk is one of these, The Beach [at Jumeirah Beach Residences] is another. “This is the next step in terms of Dubai’s evolution into a world-class city.”mfahy@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Sheikh Mohammed launches Jumeirah Central project in Dubai<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai Holding has announced the launch of a major new city district fronting Sheikh Zayed...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-24797","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6rX","jetpack-related-posts":[{"id":39421,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-harbour-sheikh-mohammed-unveils-major-new-project-with-middle-easts-biggest-marina\/","url_meta":{"origin":24797,"position":0},"title":"Dubai Harbour: Sheikh Mohammed unveils major new project with Middle East's biggest marina","date":"January 2, 2017","format":false,"excerpt":"\r A major new waterfront development featuring the Middle East's largest marina capable of handling 1,400 vessels is to be built on the Dubai waterfront.The 20 million square foot Dubai Harbour project will be developed by Meraas Holding and will contain a 135 metre-high tower, Dubai Lighthouse, that will house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jumeirah-central-executive-overwhelmed-by-interest\/","url_meta":{"origin":24797,"position":1},"title":"Jumeirah Central executive 'overwhelmed' by interest","date":"September 5, 2016","format":false,"excerpt":"\r The man charged with delivering the Dh73.4 billion Jumeirah Central project has said he is confident it will attract investors because it is \"the greatest piece of real estate in the region\".Morgan Parker, the chief operating officer of the Jumeirah Central project, said it has held \"hundreds\" of meetings\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-megaprojects-2016-in-pictures\/","url_meta":{"origin":24797,"position":2},"title":"UAE megaprojects 2016 – in pictures","date":"November 16, 2016","format":false,"excerpt":"\r New developments continue to spring up in the UAE, among them residential projects, infrastructure and entertainment venues. We take a look at the major ones which have been announced this year or made significant progress during 2016.newslideJumeirah Central, DubaiHome to 35,000 residents, 9 million square feet of retail space\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lenders-more-cautious-in-funding-dubai-office-tower-projects\/","url_meta":{"origin":24797,"position":3},"title":"Lenders more cautious in funding Dubai office tower projects","date":"February 16, 2016","format":false,"excerpt":"\r \r Developers of commercial offices in Dubai increasingly need to have pre-lease deals and occu\u00adpiers signed up before construction work begins to secure funding, according to Cluttons. \"I think now if you were to go to a bank and say: 'our plan is to buy this land, build a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45566,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-gergawi-to-leave-dubai-holding-post\/","url_meta":{"origin":24797,"position":4},"title":"Al Gergawi to leave Dubai Holding post","date":"February 26, 2017","format":false,"excerpt":"\r Mohammad Al Gergawi is to step down as the chairman of Dubai Holding after 18 years at the helm of the conglomerate that owns hospitality business Jumeirah Group and Tecom business parks. The replacement for Mr Al Gergawi, who had held his position since the investment group was founded,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23095,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-office-rents-remain-flat-as-companies-opt-to-stay-put\/","url_meta":{"origin":24797,"position":5},"title":"Dubai office rents remain flat as companies opt to stay put","date":"August 16, 2016","format":false,"excerpt":"\r Demand for office space in Dubai has fallen over the past six months in the wake of the oil price rout and the economic slowdown elsewhere in the Gulf that dampened the need for commercial space, Cluttons said in a report. The consultancy's bi-annual Office Market Bulletin found that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24797"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=24797"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24797\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=24797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=24797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=24797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}