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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 245
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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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India is taxing cryptocurrencies to finance its push for new infrastructure

Archinect

The country’s Finance Minister Nirmala Sitharaman said the package includes $2.68 Prime Minister Modi has said very publicly that he feels it is his responsibility to make infrastructure development a top priority for the world’s second-most populous country.

Finances 244
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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. Students listen during presentation at developer office in downtown Boston, October 2022. This post is brought to you by MIT Center for Real Estate. Image courtesy of MIT CRE.

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

Archinect

In Building Decarbonization 101: The Technology, Data, Operations, and Finances of Net Zero Development , participants will dig into groundbreaking buildings worldwide, hear from a global group of experts, and emerge with holistic strategies to apply to their projects. Winthrop Center. Image courtesy Harvard GSD Executive Education.

Education 290
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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".

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Greater Bay Area Technology Finance Centre

e-architect

Greater Bay Area Technology Finance Centre Guangzhou Building, Architect, GDD Holding Group Project Design News. Greater Bay Area Technology Finance Centre Guangzhou. Greater Bay Area Technology Finance Centre Guangzhou Building. Greater Bay Area Technology Finance Centre Guangzhou Building. 2 December 2022.