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The proposal hopes to trigger a wave of new upscale office buildings projections expect about 20 by 2033 along with green spaces and improved transit connections.
WSJ: Not Visionary Enough | By Julie V. Iovine
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If you doubt me, come to midtown Manhattan during an August heat wave and feel the blast of hot air from vents on buildings and the street.
CNN: Why we should expect more weather disasters
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The catch is that property developers are turning the decrepit buildings, abandoned when most businesses fled a crime-wave for the northern suburbs in the early 1990s, into swanky apartment blocks, and property prices have been rocketing.
ECONOMIST: Struggling to cope with too many people
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In a wave of unrest now in its fifth day, protesters are targeting Afghan government buildings and Western offices.
WSJ: U.S. Pulls Out Advisers After Two Killed in Kabul
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In one of the worst hit regions, Indonesia's Banda Aceh still bears scars from the wave -- you see it in the twisted metal, in the gutted buildings and the naked foundations where homes once stood.
CNN: story.bouy.jpg
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Ah, the Olympics -- a chance for some of the world's greatest cities to showcase modern-looking stadiums, warmly welcome a wave of hopeful international athletes and, of course, rack up hefty costs and abandoned buildings.
FORBES: Magazine Article