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Burj Khalifa (f.k.a. Burj Dubai) Opens by Stefanie at 3:44 pm EST, Jan 4, 2010 |
While development still surged forward at the Burj Khalifa, it was made possible only by gigantic billion dollar bailouts from rich United Arab Emirates cousin Abu Dhabi. And on the day of its official completion, interested parties face further problems. All of the apartments are said to have been sold but its still a mystery who will eventually move in. There is also said to be little interest in new Dubai office space. Developers still say that their vision will come true. But as the city celebrates, the building is mainly vacant and could leave officials red-faced on Monday. Even though many of the building's 200 stories are unfinished, organisers are celebrating the launch with an arsenal of fireworks.
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RE: Burj Khalifa (f.k.a. Burj Dubai) Opens by Stefanie at 5:50 pm EST, Jan 14, 2010 |
And here's the Onion's take on the situation in Dubai... Dubai Debt Crisis Halts Building Of World's Largest Indoor Mountain Range "Maybe this cold hard dose of reality is what Dubai needed," said Sheikh Hamdan, adding that he remained "hopeful" his mountain range would one day be completed. "Maybe it's time for us to pull ourselves up by the straps of our handmade custom-fitted patent-leather Italian boots and put our slaves back to work. Only through ingenuity, perseverance, and forced labor can Dubai get back to being Dubai again."
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