Dubai, 12 March 2008: Nakheel
,
one of the world's largest and most innovative real estate developers,
has revealed the masterplan for Waterfront City, the vibrant
centrepiece of Waterfront, the largest urban development project in the
world.
Waterfront City is planned to become a lively city
centre 24 hours a day for a predicted residential population of 92,000
and a working population of approximately 310,000 people. Covering a
land area of more than 330 hectares, Waterfront City comprises of a
central island surrounded by four neighbouring districts - the
Boulevard, Madinat Al Soor, the Resort, and the Marina.
Located on the western shores of Dubai, the entire Waterfront
development will transform 1.4 billion square feet of empty desert and
sea into an international community for an estimated population of 1.5
million people that is twice the size of Hong Kong Island.
Matt Joyce, Nakheel
Managing Director, Waterfront, said:
"Waterfront City is set to form the 'heart' of Waterfront and the
masterplan has been designed in such a way to cater not only for
businesses, but for Dubai residents and visitors alike. Each of the
five districts making up Waterfront City possess their own individual
character and are vital for the promotion of a diverse and unified city.
"It will have a density similar to that of Manhattan, and with that in
mind, commerce, retail, culture, and private accommodation will be
overlapped to create a compact city centre. Waterfront City will
include a central park, large mosque area, and iconic landmark
attractions that will enable visitors and residents to enjoy a lively
global city."
The Central Island district, a grid of five
streets by five streets, is the defining element of the design of
Waterfront City; it will create walkable distances between blocks,
easing the flow of traffic passing through the city. To ensure maximum
shading and climate control in the city, the higher building masses are
concentrated on the south side also making efficient use of wind flows
for cooling. To guarantee further protection from the sun each city
block is lined with arcades and planted with trees.
Rem
Koolhaas, Founder & Principal, the Office for Metropolitan
Architecture (OMA), who were involved in the masterplanning of
Waterfront City, said:
"Waterfront is the largest and
most ambitious urban development project to be masterplanned from
scratch. We were tasked with creating a central business district that
not only competes on a global scale, but that acts as the centre for a
new, to be developed, city.
All of the surrounding areas
as well as the Central Island will be connected by a comprehensive
public transport system, including Dubai's new metro train system.
Waterfront City will also have a direct link to the Al Maktoum
International Airport, currently under construction and set to become
Dubai's main airport hub.
-Ends-
Notes to editors
All information provided is correct at time of printing/release
As
masterplans for projects have the flexibility to evolve, facts and
specific statistics may change in the future. Please ensure you contact
us on a regular basis on
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for regular
updates or visit the online Nakheel
Media Centre at www.nakheelmediacentre.com
All rendered images are conceptual.
About Nakheel
:
Nakheel
is one of the world's largest privately held real estate developers,
and a key player in realising the vision of Dubai for the 21st century:
creating a world class destination for living, business and tourism.
Nakheel
is developing an iconic portfolio of innovative landmark projects in
Dubai across a range of sectors - residential, commercial, retail and
leisure. Nakheel
's
developments spread across more than two billion sq ft of land, and its
projects are projected to be worth US$60 billion. Upon completion Nakheel
's waterfront projects will have added more than 1000km of shoreline to Dubai's coastline.
Nakheel
's
portfolio currently includes The Palm Jumeirah, The Palm Jebel Ali, The
Palm Deira, The World, Waterfront, Jumeirah Islands, Jumeirah Village,
Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Ibn
Battuta Mall, Al Furjan, International City, Dragon Mart Complex and
Dubai Design Centre.
Nakheel
is a key entity within Dubai World. Dubai World is one of the world's
largest holding companies and supervises a portfolio of businesses and
projects for the Dubai government across five continents and more than
100 countries.
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