Also in this playlist...
This transcript is automatically generated
Well the timing may be a little off with the opening of the world's tallest building.
It's in Dubai but still it's a huge accomplishment for my next guest George.
As stopping you is -- managing partner is getting more Owings and Merrill look from the developed the -- Dubai and well first like George -- congratulations on a building I -- that that the new year just rang and -- -- twenty minutes ago in Dubai and that the building was front and center you must be very proud of the accomplishment.
Well -- a -- we all are here in Chicago let's get more we we had a team of ninety people working pretty hard for.
For five years -- -- -- period and a short a smaller team for the last couple years helping build it.
Pars even you've been.
The secretive and I guess you -- -- you know -- it a big buzz going obviously for the big opening next week but how exactly how large.
Is this I I've I've heard an estimate a 164 floors in my in my warm up my close.
Well that there's you know there's a 160 floors as you can actually stand on -- that are occupied by people in the building.
But if you look at the overall height it's close to you -- -- you'd say that -- posted 200 stories.
What I always say as if it mutates.
Serious power -- -- in Chicago input Hancock on top.
That gives you a rough idea how tall is actions will -- shorter than the actual -- But it's quite spectacular when you think of it that way.
We you know obviously his figures in the project an -- and you're -- it's a big accomplishment for you for the firm.
But are you worried that it kind of represented the excesses of Dubai.
That got them into the debt crisis earlier this year.
Well the button this car was conceived.
Over six years ago.
And it was at a totally different time in the world economy and during two by its economy.
We stole our -- strongly.
Support support that that that market.
Very very hard lately we're actually confident in the in that region and there are planning -- until our office this year in Dubai.
I'd have got to tell you what's in -- they've got those condos right.
There's a hotel.
Tell the that the -- the building is basically.
A mixed -- -- Which has the first ever Armani hotel the bottom and about 11100.
Our Condo apartments and then some special boutique type offices at the top of the building.
All right so you've got obviously -- Is it sold out -- net loss I read it was almost sold out a completely sold out given up that morning.
I don't know if it's completely sold -- I know that are our client Umar properties is probably held out a few to sell the last moment.
But -- the stories that we heard that the sales were held three nights in a row from 6 o'clock 9 o'clock at night when they actually.
Us had to have invitations and or goodbye and that those Bob probably about 900 of those units practically all 90% of them.
We're sold in that three night period.
Georgia getting -- nobody and a high humidity opening about you're going to be flying over as.
I'm leaving in about two hours all well gosh well we'll let go home and thank you very much Georgia stopping you.
Managing partner if you get borrowings of our congratulations.
And safe travels are happening here.
Thank you have having -- if you.
Filter by section