Subscribe by RSS
Ithmaar Development Company (IDC), a wholly owned subsidiary of Ithmaar Bank, is set to launch a mixed-use project built on a man-made island off the coast of Bahrain. In March 2013, the $1.6 billion Dilmunia Island awarded an infrastructure package to Cebarco Bahrain (part of KAR Group). The infrastructure package includes the...
[ Bursa, TURKEY ] Dagyenice Thermal Tourism Center in Bursa is scheduled for a construction start this May, according to published reports. Bursa’s famous thermal springs, renowned to have healing powers, is the major feature of the resort. The USD $2 billion tourism project encompasses 1,006 hectares surrounding a...
[ Halong Bay, VIETNAM ] Sovico Holdings (Hanoi) has signed a joint venture agreement with Limitless, for the construction of Halong Star (Halong Bay). The mixed-use residential and tourism project will overlook the UNESCO world heritage site of Halong Bay along the northeast coast of Vietnam. The Halong Star project includes...
[ Dubai, UAE ] Dubai gave the go ahead on Wednesday to plans for a new $1.6 billion island project featuring the world’s largest observation wheel at its center. Dubai’s ruler approved the Dhs6 billion Bluewaters Island development on Wednesday, which includes a 210 metre (688 foot) high observation wheel,...
[ Playa del Carmen, MEXICO ] Playa del Carmen is located within the Riviera Maya, which runs from south of Cancún to Tolum and the Sian Ka’an biosphere reserve. Playa del Carmen had long been a small fishing town, when tourism began with the passenger ferry service to Cozumel, an island...
[ Innisfail, Queensland, AUSTRALIA ] The largest resort project in Queensland’s history awaits Australian national government approval, having cleared all lower level approval requirements. The additional approval is due to an endangered species present on the project site – cassowaries. Seven “fauna underpasses” and 25 “escape gates” along a fenced...
[ Ohrid, MACEDONIA ] Developer Sahara India Parivar has proposed a 240-hectare “Las Vegas”-styled development to include a casino, hotels, golf, and entertainment center for the Lake Ohrid area of Macedonia, according to its own media statement. The project has been named, “Saharayan Makeeduniya.” Sahara India Pariwar is an Indian conglomerate headquartered...
Berjaya Jeju Resort Ltd is developing Berjaya Jeju Airest City on Jeju Island (South Korea). Berjaya Jeju Airest City will include 935 hotel rooms, 1,403 condominium units, shopping mall, entertainment venues, museum, medica center. The 184-acre resort project is situated on southern part of Jeju Island. The project was honored...
[ KUWAIT ] Sabah Al-Ahmad Sea City is a waterfront development encompassing an area of 6.4 million square meters. At build-out over an estimated 25-year development period, the mega project could include as many as 100,000 residents. The project is situated about 75 kilometers south of Kuwait City. The engineering...
[ Prince William County, Virginia USA ] Phase One of the mega 1,980-acre Potomac Shores master-planned community is under construction in Virginia. The mixed-use project is approved for more than 3.7 million square feet of commercial space and 3,987 residential units. Potomac shores is situated about 30 minutes from Washington,...
[ Incheon, SOUTH KOREA ] A large entertainment and casino gaming complex is planned for development at Yeongjong Island, a project of Paradise Sega Sammy. Paradise Sega Sammy is a joint venture of Paradise (a South Korean casino operator) and Sega Sammy Holdings (a Japanese entertainment company). The hotel and...
[ Esquinapa de Hidalgo, MEXICO ] Pacific Coast Integrally Planned Center (CIP) is a new master-planned mega resort to be located along 7.5 miles of pristine beaches in Sinaloa State, Mexico. The project is planned for a location at Esquinapa de Hidalgo, Sinaloa, located north of the National Wetlands Biosphere...
[ Incheon, SOUTH KOREA ] The 80-square kilometer tourism development on the South Korean island of Yongyu-Muii is among the largest tourism destination ever proposed. Whether it can be built is a subject of some doubt. To be located near the nation’s main Incheon international airport, and is being funded...
[ Megaluf, SPAIN ] A major destination resort under development in the southwestern area of Majorca. Part of the objectives for this mega-resort transformation, is the conversion of the highly seasonal six month tourist season, to nine months, even the possibility of a year-round resort environment. This beautiful location became a...
[ Lusail, Al Kheisa Municipality QATAR ] Master infrastructure for the first phase of Lusail City – the Marina District – is largely complete, allowing the master developer to begin turnover of plots to third-party investors. The Marina District will eventually be home to 30,000 residents and 50,000 workers. It...
