Renowned stakeholder theory expert, Robert Edward Freeman, advises the Adani Group to prioritize stakeholder engagement in its redevelopment of Dharavi, Asia’s largest slum. He stresses the importance of a long-term approach, citing his experience in Jakarta’s slum redevelopment, which took 10 years and involved thousands of interviews to achieve a mutually beneficial outcome.
A €15 million redevelopment project is transforming Balbriggan Harbour, a hidden gem north of Dublin, into a vibrant coastal destination. This project aims to attract tourists seeking authentic Irish experiences beyond the usual tourist trails, boosting the local economy and creating new jobs.
Bengaluru Cantonment railway station will undergo redevelopment, resulting in partial disruption of train services from September 20 to December 20, 2024. Platforms 2 and 3 will be closed, leading to cancellations and reschedulings of various trains. Travelers are advised to check the revised train schedules before their journey.
Mattamy Homes and QuadReal Property Group have released the final designs for The Clove, the first phase of the Cloverdale Mall redevelopment. This phase includes a striking 33-storey tower and an adjoining nine-storey mid-rise building, totaling over 600 condominiums. The Clove marks the beginning of a multi-year transformation of the 32-acre site into a mixed-use urban neighborhood, offering residents new housing options, retail spaces, and green spaces.
A residents’ association in Dharavi, Asia’s largest slum, has voiced its support for the ongoing survey of informal homes, a crucial step in Adani’s $3 billion redevelopment project. The association urges authorities to expedite the process and take action against those hindering the survey, emphasizing the need for transparency and clear timelines for relocation and housing plans.
The multi-crore Dharavi redevelopment project has been a subject of controversy, with allegations of land grabbing and displacement of residents. This article debunks these claims and provides details of the project, including land ownership, housing allocation, and benefits for Dharavi residents.
Friday marked the last day of operations for Eau Claire Market, a historic shopping and entertainment destination in Calgary. The closure paves the way for the demolition of the site this summer to make room for a new Greenline LRT station and plaza. The market, which opened in 1993, struggled to keep shops occupied in recent years and has been slated for demolition for years. While some people are disappointed with the impending demolition, others are excited about the new possibilities that the next chapter will bring.
An online petition demanding a halt to the redevelopment of Bonnerworth Park in Peterborough, Ontario continues to gain support, with over 2,500 signatures collected in just two weeks. Residents, led by D’arcy Jenish, are concerned about potential noise, loss of green space, and lack of proper environmental impact studies. Despite a motion to delay the project being defeated by city council, the petition highlights community opposition to the $4 million redevelopment, which includes a 16-court pickleball complex.
The former Tsukiji Market site in Tokyo, which relocated to Toyosu in 2018, is undergoing a significant redevelopment. The 19-hectare area will be transformed into a bustling commercial district featuring a large stadium, hotel, office spaces, and conference and exhibition facilities. The first phase of the development is expected to open in 2029, with the entire project scheduled for completion in 2032.
Real estate developer Puravankara has announced a major move by acquiring the redevelopment rights for a prominent residential society in Mumbai’s upscale Pali Hill area. The 2.5-acre Deccan Society plot boasts an estimated development potential of 4.10 lakh sq ft, with over 2.15 lakh sq ft available for sale. This project is part of the company’s growing portfolio in Mumbai and Pune, where it is actively pursuing redevelopment opportunities. Puravankara has also achieved strong financial performance, surpassing Rs 5,900 crore in sales value for the fiscal year 2024 (FY24), fueled by increased customer collections of Rs 3,609 crore, a significant increase compared to the previous year. With a focus on delivering world-class quality and timely completion, the company is poised to capitalize on the substantial redevelopment potential in the region.
