Development
The entire development covers an area of 46,900,000 sq ft (4,360,000 m2), and the gross leasable area is 78,500,000 sq ft (7,290,000 m2). The projected population of the entire development is more than 191,000, and the estimated population of employers and others is 110,000, making the total population more than 300,000. Commercial development will comprise 2,653,244 sq ft (246,494.4 m2), which is 18.5 percent of the entire development; mixed use development will comprise 8,520,368 sq ft (59.4 percent); and residential development will cover 3,163,628 sq ft (22.1 percent). Business Bay will cost AED 110 billion (USD 30 billion).
Read more about this topic: Business Bay
Famous quotes containing the word development:
“The American has dwindled into an Odd Fellow—one who may be known by the development of his organ of gregariousness.”
—Henry David Thoreau (1817–1862)
“They [women] can use their abilities to support each other, even as they develop more effective and appropriate ways of dealing with power.... Women do not need to diminish other women ... [they] need the power to advance their own development, but they do not “need” the power to limit the development of others.”
—Jean Baker Miller (20th century)
“This was the Eastham famous of late years for its camp- meetings, held in a grove near by, to which thousands flock from all parts of the Bay. We conjectured that the reason for the perhaps unusual, if not unhealthful development of the religious sentiment here, was the fact that a large portion of the population are women whose husbands and sons are either abroad on the sea, or else drowned, and there is nobody but they and the ministers left behind.”
—Henry David Thoreau (1817–1862)