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Saudi Arabia begins securing financing agreements for various NEOM developments

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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 202
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Foster + Partners debuts Changfeng mixed-use development in Shanghai

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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

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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 242
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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 197
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Dubai floats plan for new 400-gate airport terminal, the world's largest

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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 242
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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 266