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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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Foster + Partners debuts Changfeng mixed-use development in Shanghai

Archinect

A new mixed-use design from Foster + Partners has been revealed for Shanghai’s Science and Technology Finance hub as part of the larger Shanghai 2035 master plan.

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Penn Station redevelopment takes another step forward following financing approval

Archinect

A key state oversight body approved the financing plan to redevelop Penn Station and its surrounding neighborhood Wednesday, greenlighting one of Gov. Additionally, a part of the financing plan includes charging the developers of the 10 skyscrapers planned for the site a fee instead of collecting city real estate taxes.

Finances 246
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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 293
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Diller Scofidio + Renfro/Sheppard Robson's London Centre for Music replacement inches closer after planners grant local approval

Archinect

The revised Diller Scofidio + Renfro and Sheppard Robson -led scheme at the Barbican in Central London reportedly gained planning approvals from the City of London ’s planning body. Previously on Archinect: Diller Scofidio + Renfro unveil designs for London Centre for Music replacement Yahoo! ” If approved by Gove’s o.

Finances 284
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Full funding secured for US tallest skyscraper says developer

Deezen

Funding has been secured and construction may begin in September on the Legends Tower in Oklahoma City, which is planned to be the tallest in USA , says developer Scot Matteson. The entire project is financed, including the tower — if the tower gets approved." Developer Bert Belander was quoted calling the project "fanciful".