Quote:
Originally Posted by EPdesign
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Quote:
Originally Posted by MolsonExport
Is this being built in The Empty Quarter or something? I mean, there is buttfuckall around the site. |
Right,
Xianglouwan,
Yujiapu, Lujiazui,
Qinhai,
Binhai, Houhai, Futian, Louhou, the list can go on and on and on...all are completely empty and ghost towns?
You can talk about over-investment in China until you're blue in the face (and you'd be right if you were talking about commercial and - certain types of - residential; though, we still would't be talking about "ghost towns" but poor ROI). The fact of the matter is, as in any growing economy, office space is a must. You've got to be kidding yourself if you honestly believe there are vast uninhabited projects in that country. It could stem from missing the memo that China is, indeed, capitalist. But hey, that can be easily forgiven...
The [irrefutable] fact is the whole point of these projects is to jumpstart development. You take a small piece of land, spend ($1.5 billion) on one project, and *boom* you've quadrupled the value of the surrounding land; which is how you finance (through land transfers and rents from the original building), and entice developers to complete, the scheme.
It cuts both ways: it's stupid to go on and on about how country A is [in]capable of building something while Country B is [not]. That's not the point. It's about the total
amount of space, not how
tall it is.
Furthermore, it's quite inane to go on about it being in the "middle of nowhere"; it isn't.
It is (25-30 mi) north of the main CBD, across from the Int'l airport. It isn't as if it's rising in the middle of the desert, apart from any existing infrastructure or humanity.
It makes no sense to go on and on about how the tower isn't in the main CBD, as that is not the point! It's a mechanism to realize the rest of the scheme: a new commercial/residential district.
Nor are they foolish enough to forgo any transit connections. That's
ludicrous.
Quote:
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The first two phases of construction are the building of the tower – over 50 hectares – and the construction of the infrastructure for the entire development. The third phase, according to Kingdom Holding, is yet to be finalised; one of many tantalising bits of mystery around the project.
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The tower is envisioned as part of a broader district.
Period.
End of story.
Anyone who bothered to look into the project at all, or payed any attention to global development in the past 20 years, would realize this. Instead, most seem keen to keep up the constant refrain of "it's in the middle of nowhere, will sit idle and empty, it's a ghost town."
Really. Enough!
I don't care for the building, personally, and actually hate many of these mass developments in actualization as they create superblocks and don't translate well towards any stated claims of what we recognize as sound elements of planning (walkability, interaction at street level, etc) - that has nothing to do with it being in the established city core (see: Lujiazui).
Making up facts is something that really drives me crazy, I can't stand it, and this thread is either going to be actual news about this tower or a peanut gallery of inane commenters.
It can't be both.
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