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News from World Elevator---July 7

VT PART OF ANTICIPATED LONDON TUBE STATION UPGRADE

New escalators and elevators would be part of an upgrade to the London Tube’s busy Holborn Station (ELENET 674), according to the blog IanVisits. There has been talk of an overhaul involving new entrances, enhanced access and vertical transportation (VT) since 2013, and whether it happens hinges on redeveloping above-ground property to secure funding. Envisioned are new escalators, and an elevator to the Piccadilly line and a new passage linking both Central line platforms by escalators and inclined elevators. Should it happen, the project would be complete in approximately 2026, four years later than originally planned.

ASPIRING MEMBER OF DUBAI’S “SKYSCRAPER CLUB”

Dubai Investments plans to build a new icon in the emirate: a 70-story residential tower on Sheikh Zayed Road, next to Al Habtoor City and Aykon City (ELENET 646), arabianbusiness.com reported. Dubai Investments CEO Khalid bin Kalban said construction will start before the end of the year. Twenty percent of the US$272-million cost has been deposited with the Real Estate Regulatory Agency, and the developer plans to have up to US$123 million financed. The Sheikh Zayed Road tower will join 10 residential structures of 70 stories or more.

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