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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 231
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Shaping China's Future: Foster + Partners Designs Mixed-Use Development within Shanghai's 2035 Masterplan

ArchDaily

Courtesy of Foster + Partners Foster + Partners has unveiled plans for the Changfeng mixed-use development in Shanghai , China. Designed as a component of the Shanghai Science and Technology Finance cluster in Putuo District, the project is part of the broader Shanghai 2035 Masterplan.

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

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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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India is taxing cryptocurrencies to finance its push for new infrastructure

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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 227
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How Harvard GSD's Executive Education Course Explores Designing the World’s Largest Passive House Office

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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 285