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BEEAH unveils its first freehold mixed-use project in Sharjah
BEEAH unveils its first freehold mixed-use project in Sharjah

Zawya

time11 hours ago

  • Business
  • Zawya

BEEAH unveils its first freehold mixed-use project in Sharjah

UAE-based waste management and sustainability company BEEAH announced on Thursday the launch of Khalid Bin Sultan City, its first freehold real estate development in Sharjah. Designed by the Zaha Hadid Architects, the master plan integrates residential, commercial, cultural, and recreational spaces. A BEEAH statement said the project draws inspiration from the legacy of the late Sheikh Khalid bin Sultan Al Qasimi, a visionary in design and urban development whose influence helped shape Sharjah's architectural identity. Covering a 1.5-km-long plot and encompassing BEEAH's LEED Platinum-certified headquarters in Sharjah, the city will offer 1,500 freehold residential units. Residential units, including villas, townhouses, and apartments, will be introduced in phases. The project will feature seven distinct residential neighbourhoods, structured around a central plaza – a public space within a five-minute walking distance. The master plan is based on four core pillars – sustainability, technology, culture, and people – as the city integrates net-zero ready smart infrastructure, renewable energy systems, recycled water infrastructure, and sustainable mobility solutions. The city will have public art spaces, a cultural centre, and architecture that reflects local identity. At the heart of the development lies a 2-km shaded linear oasis, which is a continuous central park that winds through the city. The oasis will have running and cycling tracks, sculpture gardens, wellness areas, and shaded courtyards. The city will include a design and business district that will serve as a new urban hub for Sharjah. It will consist of incubator spaces for the UAE's growing creative economy, along with cultural venues that foster entrepreneurship and circular design, the statement said. No financial details or construction plans were disclosed. BEEAH's real estate portfolio includes its headquarters designed by Zaha Hadid Architects, and the upcoming Jawaher Boston Medical District (JBMD) project designed by Renzo Piano Building Workshop (RPBW). Earlier this year, BEEAH was also appointed as project manager and strategic lead of the upcoming Sharjah Creative Quarter project, designed by Taller de Arquitectura – Mauricio Rocha in collaboration with Daniel Rosselló. (Writing by P Deol; Editing by Anoop Menon) (

Major expansion proposed for Mahon Point in Cork to create 1,900 jobs
Major expansion proposed for Mahon Point in Cork to create 1,900 jobs

BreakingNews.ie

time15 hours ago

  • Business
  • BreakingNews.ie

Major expansion proposed for Mahon Point in Cork to create 1,900 jobs

A major expansion proposed for Mahon Point in Co Cork would create 1,900 jobs. The proposal was announced on Thursday with the imminent submission of a planning application for a mixed-use, demand-led development at Mahon Point Shopping Centre. Advertisement The project, named Mahon Point 2.0, will bring 251 new homes, enhanced civic amenities and social spaces, integrated transport infrastructure, and new retail and office offerings to the area, on what was a brownfield site. The project will be delivered on a phased basis and is expected to create 1,560 new permanent jobs (including 581 by office occupier), alongside 365 jobs during construction. At the heart of Mahon Point 2.0 is a vision shaped by the 15-minute city model - enabling residents to live, work, shop, and socialise within walking or cycling distance. The development includes: 251 apartments, thoughtfully designed for a range of household sizes, with access to open space, play areas, and recreational amenities; A purpose-built crèche supporting 64 child spaces; A new market square and civic plaza to host the Mahon Point Farmers Market, public events and community activities; 13,000 sqm new demand-led retail space; A new office block offering over 70,000 sq ft of workspace; Multi-storey car park with 704 spaces. Centre director at Mahon Point Shopping Centre, Justin Young, said, 'For the last 20 years, Mahon Point Shopping Centre has been the heart and meeting place for Mahon's community and the wider region. Advertisement "We are excited to present Mahon Point 2.0, a demand-led expansion that enhances Mahon for everyone and looks forward to the next 20 years. 'By placing homes, sustainable transport, and civic amenities at the core of this vision, we hope to create a new chapter in Cork's growth that reflects community values as much as economic ambition.' Director at Savills Ireland, Peter O'Meara, said: 'Cork is emerging as an international centre of scale, with a projected population growth of 50-60 per cent by 2040. "With strong demand across residential and retail sectors, this development answers the call for high-quality, integrated spaces that serve both current and future generations.'

City of London seeking input about downtown
City of London seeking input about downtown

CTV News

time5 days ago

  • Business
  • CTV News

City of London seeking input about downtown

The City of London is asking for input about its downtown as it develops a new Downtown Plan. Councillors are looking for a strategy to support the downtown. It will review current policies and collect updated data, while also including strategies that support residential, commercial, and employment growth. If you would like to offer feedback, a survey is live now. It asks Londoners and businesses about what you think are downtown's biggest strengths and challenges, and what you see for its future. The survey is available here.

Bahrain: Ministry signs deal with Edamah to develop Manama Central Market site
Bahrain: Ministry signs deal with Edamah to develop Manama Central Market site

Zawya

time12-06-2025

  • Business
  • Zawya

Bahrain: Ministry signs deal with Edamah to develop Manama Central Market site

Bahrain - The Municipalities and Agriculture Ministry has signed a memorandum of understanding (MoU) with the Bahrain Real Estate Investment Company (Edamah), the real estate arm of Bahrain Mumtalakat Holding Company, to develop the Manama Central Market site. The MoU was signed by Municipalities Affairs and Agriculture Minister Wael Al Mubarak and Shaikh Abdulla bin Khalifa Al Khalifa, CEO of Mumtalakat and chairman of Edamah. The MoU aims to conduct a detailed study to maximise the site's investment and commercial potential, leveraging its strategic location in the centre of Manama. This partnership supports the ministry's goal to better manage its real estate assets, enhance financial returns, and contribute to sustainable urban development and economic growth. Officials highlighted Edamah's expertise in development and investment as key to realising the site's potential, creating promising opportunities that align with Bahrain's broader development plans. Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

'Egypt's Visionary Project Unveiled': Skyscrapers Rising Amidst the Desert and Beside the Pyramids as Revolutionary New City Takes Shape
'Egypt's Visionary Project Unveiled': Skyscrapers Rising Amidst the Desert and Beside the Pyramids as Revolutionary New City Takes Shape

Sustainability Times

time11-06-2025

  • Business
  • Sustainability Times

'Egypt's Visionary Project Unveiled': Skyscrapers Rising Amidst the Desert and Beside the Pyramids as Revolutionary New City Takes Shape

IN A NUTSHELL 🌍 The Jirian project aims to transform the desert west of Cairo into a thriving metropolis with an artificial Nile canal, part of Egypt's ambitious Nile Delta initiative. 💡 President Abdel Fattah al-Sisi's series of mega-projects , including Jirian, has significantly increased Egypt's external debt, reaching $155.2 billion by the end of 2024. , including Jirian, has significantly increased Egypt's external debt, reaching $155.2 billion by the end of 2024. 🏗️ The development promises to create approximately 250,000 jobs and features luxury residences , 80-story skyscrapers, and international educational and healthcare facilities. , 80-story skyscrapers, and international educational and healthcare facilities. 💧 With 97% of Egypt's fresh water coming from the Nile, the project highlights ongoing water security concerns amid the country's conflict over Ethiopia's Grand Renaissance Dam. Egypt's ambitious new urban project, Jirian, promises to transform the barren desert west of Cairo into a thriving metropolis. Unveiled on Sunday, this development features an artificial Nile canal, part of Egypt's grand Nile Delta initiative. This massive agricultural project aims to reclaim over 3.9 million acres of desert land, boosting strategic crop production and reducing the nation's food import bill. With a commitment to urban growth, Egypt continues its trend of mega-projects under President Abdel Fattah al-Sisi, despite rising external debt concerns. The country's reliance on international financial support has also grown, prompting questions about the sustainability of such ventures. Jirian: A New Urban Vision in the Desert The unveiling of the Jirian project marks a significant step in Egypt's urban development strategy. Located to the west of Cairo, this new city is designed to be a beacon of modernity in what was once a barren desert landscape. The city, whose name translates to 'Flow' in Arabic, is part of an ambitious initiative to revitalize the Nile Delta region. By reclaiming over 3.9 million acres of desert, Egypt aims to increase the production of essential crops like wheat and corn, thereby reducing its dependence on food imports. The project's scope is unprecedented, promising to create a sustainable urban environment complete with industries, logistics platforms, and homes for millions of families. At the heart of Jirian's design is an artificial canal derived from the Nile, which will wind through the city. This canal is not only a picturesque centerpiece but also a vital source of irrigation for surrounding agricultural lands. The integration of water resources into the city's infrastructure highlights Egypt's commitment to balancing urbanization with environmental sustainability. Anurag Bajpayee's Gradiant: Engineering the Future of Industrial Water The Economic Implications of Mega Projects Egypt's push for rapid urbanization under President Abdel Fattah al-Sisi has led to a series of mega-projects, including the new administrative capital east of Cairo. While these projects are deemed essential for long-term economic growth, they have significantly increased the nation's external debt. Since 2015, Egypt's foreign debt has quadrupled, reaching a staggering $155.2 billion by the end of 2024. This surge in debt raises concerns about the financial sustainability of such expansive endeavors. To support these projects, Egypt has sought financial assistance from the International Monetary Fund and the European Union. These international bodies have provided billions in aid, with the EU recently pledging additional billions to ensure Egypt's financial stability. However, the reliance on external funding underscores the precarious nature of Egypt's economic strategy, prompting questions about the long-term viability of its development plans. 'America's Cities Are Sinking Fast': 28 Urban Giants Like New York and Houston Are Quietly Crumbling Beneath Our Feet Jobs and Infrastructure: The Promise of Jirian The Egyptian government has high hopes for Jirian, projecting the creation of approximately 250,000 jobs. Prime Minister Moustafa Madbouli has described the project as a 'revolution in urban and development planning,' underscoring its potential impact on the nation's economy. The city will feature a wide range of infrastructure, including luxury residences, 80-story skyscrapers, international universities, and hospitals. It will also offer an eco-friendly hotel, commercial zones, and a cultural and media district. Strategically located, Jirian will be minutes away from the Grand Egyptian Museum, the Giza Pyramids, and the nearby Sphinx International Airport. This proximity to key landmarks and transportation hubs enhances its appeal as a modern urban center. The project's developers have committed to a five-year timeline for completion, indicating a rapid pace of construction and development. Chinese Product Designer Yihan Luo Showcased 'Pikapoo' at Milan Design Week 2025 Water Security and Environmental Concerns The development of Jirian takes place against the backdrop of Egypt's ongoing water security issues. With 97% of its fresh water derived from the Nile, Egypt is deeply concerned about the potential impact of Ethiopia's Grand Renaissance Dam. This longstanding conflict with Addis Ababa highlights the vulnerability of Egypt's water resources, which are critical to both its urban and agricultural development plans. The integration of a Nile-connected canal into Jirian's design reflects an effort to address these concerns by ensuring a reliable water supply for the city and its agricultural areas. However, the broader implications of water management and resource allocation remain pressing issues for Egypt's future. As the country continues to navigate these challenges, the success of projects like Jirian will depend on their ability to harmonize urban development with environmental stewardship. As Egypt forges ahead with its ambitious urban plans, the world watches closely to see how these projects will shape the nation's future. Will the vision of a thriving metropolis in the desert be realized, or will the challenges of debt and resource management prove insurmountable? The answer to these questions will have profound implications for Egypt and its place in the global community. Our author used artificial intelligence to enhance this article. Did you like it? 4.3/5 (26)

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