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Saudi Arabia begins securing financing agreements for various NEOM developments

Archinect

The early stages of the $500bn planned city will be financed by money raised from local lenders, according to sources familiar with the matter who spoke to Bloomberg. Another $800 million was secured recently towards the development of Sindalah , which is set to be the project’s first portion to open next year.

Finances 246
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MIT’s Master of Real Estate Development Program Offers Scholarships for Students Interested in Sustainability, Finance & More

Archinect

The MIT Master of Science in Real Estate Development (MSRED) offers an unparalleled education in real estate practice. Building partnerships that will last long after graduation, MSRED students learn team building in an international context, applying research to real-world problems in a disciplined and intellectual framework.

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India is taxing cryptocurrencies to finance its push for new infrastructure

Archinect

Hopes are that the investment in building projects will create employment opportunities which will thus pour money back into the economy. The country’s Finance Minister Nirmala Sitharaman said the package includes $2.68 Current forecasts have India’s GDP growing at an 8% rate for the fiscal year.

Finances 245
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New York developer receives $92 million loan to complete project believed to be the largest speculative office building in Brooklyn's Midwood neighborhood

Archinect

A New York developer has scored a $92 million loan to finish a project which is billed as the largest speculative office building in Brooklyn’s Midwood neighborhood. The development is approximately 35 percent underway, with completion expected in October 2023.

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How Harvard GSD's Executive Education Course Explores Designing the World’s Largest Passive House Office

Archinect

This post is brought to you by Harvard Graduate School of Design Executive Education In response to global decarbonization mandates and changing occupant wants and needs, architects are racing to identify technologies, critical data, operating models, and financial cases that enable the success of building retrofits and designs.

Education 290
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A proposal for the second-tallest building in North America sneaks forward in Oklahoma City

Archinect

Oklahoma City could soon be home to the country’s second-tallest structure if plans for a new 1,750-foot skyscraper designed by the California practice Architects Orange (AO) are approved along with a larger $1 billion entertainment district proposal from developer Scot Matteson. Image render courtesy AO. "We

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Dubai floats plan for new 400-gate airport terminal, the world's largest

Archinect

Image: Sheikh Mohammed bin Rashid Al Maktoum via X Sheikh Mohammed also said there is a plan for a one-million-person satellite city to be developed alongside the new terminal, joined by a logistics hub for international carriers. Finance reported the vision will be realized "within ten years."

Finances 299