Sunday 15 October 2017

Dubai Holding 're-evaluating' Jumeirah Central, insists project will continue - The National

Dubai Holding 're-evaluating' Jumeirah Central, insists project will continue - The National:

"Dubai Holding, one of the emirate’s three big conglomerates, is “re-evaluating” its 47 million square feet Jumeirah Central residential and office development on the Sheikh Zayed Road “to meet expected future demand”. The company said it remains committed to the overall project. The developer said yesterday its changing priorities for the development, unveiled at last year’s Cityscape Global exhibition, have prompted a restructuring of its upper management, with chief operating officer Morgan Parker due to leave the company in the next three months. “Dubai Holding is prioritising projects that will be ready for Expo 2020 Dubai and those that will help draw tourists to the Emirate," a Dubai Holding spokesperson said on Sunday."



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