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Beata Zawrzel - A proposed $5 billion man-made ‘moon’ could be Dubai’s next big thing - fox29.com - Russia - city Moscow - Uae - Ukraine - city Dubai, Uae
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A proposed $5 billion man-made ‘moon’ could be Dubai’s next big thing
A view of Dubai downtown in Dubai, United Arab Emirates, on November 21, 2022. (Beata Zawrzel/NurPhoto via Getty Images) DUBAI, United Arab Emirates - Who says you cannot reach for the moon? A proposed $5 billion real estate project wants to take skyscraper-studded Dubai to new heights — by bringing a symbol of the heavens down to Earth.Canadian entrepreneur Michael Henderson envisions building a 274-meter (900-foot) replica of the moon atop a 30-meter (100-foot) building in Dubai, already home to the world's tallest building and other architectural wonders.Henderson's project, dubbed MOON, may sound out of this world, but it could easily fit in this futuristic city-state. Dubai already has a red-hot real estate market, fueled by the wealthy who fled restrictions imposed in their home countries during the coronavirus pandemic and Russians seeking refuge amid Moscow’s war on Ukraine.And even though a previous booms-and-bust cycle saw many grand projects collapse, Henderson and others suggest his vision, funded by Moon World Resorts Inc., where he is the co-founder, might not be that far-fetched."We have the biggest ‘brand’ in the world," Henderson told The Associated Press, alluding that the moon itself — the heavenly body — was his brand.
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