September 26, 2006
Dubai tapping out the logic
I am about to fly out of that strange theme park for construction towers and glad to do so.
While I have been convinced of Dubai's logic in the past, it seems fairly clear that the flood of liquidity and declining planning discipline (1.2 hour to go 1 KM at 8pm?) are beginning to kill the tree that bears the golden fruit. Rather like the gardener who mistakenly thinks more water is always good, so Dubai seems to be mistaking more growth as always good.
Posted by The Lounsbury at September 26, 2006 09:14 PM
Filed Under: Biz - Policy & Development
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declining planning discipline
Central Dubai simply wasn't built to handle the numbers it has to deal with today. The real problem is that planners don't seem to be learning enough lessons from this as the city expands and brings into focus inadequacies in older areas.
Posted by: dubaiwalla at September 27, 2006 03:59 AM
Further evidence for this thesis: Emaar to develop 2 island resorts in Pakistan. Pakistani PM sez "it will be another Dubai"
Posted by: Alex at September 28, 2006 01:53 PM