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Karachi Creek Marina

From Wikipedia, the free encyclopedia
Creek Marina
During construction and what it will look like
General information
StatusUnder construction
Type6* Residential Towers
LocationKarachi, Sindh, Pakistan
Construction started2006
Estimated completion2017
Technical details
Floor count36
Design and construction
Architect(s)Meinhardt Group[1]

Creek Marina is an under-construction high rise ocean-front residential project located in DHA Karachi.[2]

Launched in 2005 as a joint venture project between Meinhardt Group and DHA, while the masterplan was designed by Hirsch Bedner Associates.[3] The project's masterplan includes eight 24-storey towers with a total of 780 apartments.[4]

The development has been site of repeated delays, initially projected to be completed by 2009, conflicts between Meinhardt and DHA has stalled the project's development.[5] Out of 780, 280 apartments were sold by 2010 for an average price of $200,000; in 2011, buyers formed an Action Committee to pursue for either a refund or completion of the project.[6] On August 20, 2015, National Accountability Bureau brought charge's against Creek Marina Project management for cheating public at large.[7]

See also

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References

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  1. ^ "Home". meinhardtgroup.com.
  2. ^ "Creek Marina".
  3. ^ "'Risky' investment: Over 250 families have Rs3b at stake at Creek Marina project in DHA - The Express Tribune". The Express Tribune. 2013-12-16. Retrieved 2016-06-16.
  4. ^ "Bad investment?: Creek Marina still a dream as developers, DHA stuck in deadlock - The Express Tribune". The Express Tribune. 2014-04-17. Retrieved 2016-06-16.
  5. ^ "'Risky' investment: Over 250 families have Rs3b at stake at Creek Marina project in DHA - The Express Tribune". The Express Tribune. 2013-12-16. Retrieved 2016-06-16.
  6. ^ Khan, Aamir Shafaat (2014-04-02). "Buyers become victims of high-end swindling?". www.dawn.com. Retrieved 2016-06-16.
  7. ^ "Graft charges being probed against Naya Nazimabad, politicians, bureaucrats". www.thenews.com.pk. Retrieved 2016-06-16.
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