Dubai has emerged has a great commercial hub as well as a tourist destination. It sees a lot of rich people flocking in and hence it is no surprise that Italian business tycoon Flavio Briatore thought it to be a great place to build a lavish property. He will be calling it the ‘Billionaire’s Square’. Well you wont exactly will have to be a billionaire to come here, but being a millionaire might make things easier.
This $150 million project will be made in collaboration with UAE’s Pragma Group. Pragma Group chairman Joe Tabet said: “We have appointed the lead architectural consultant, MZ Architects, and we’re in the process of appointing the full contractor.â€This project will be constructed at the current Palladium entertainment venue in the Dubai Media City, and will have its grand opening sometime in December next year.
This place will have a boutique hotel, a Billionaire Bar and Grill, plus other restaurants, bars, and a fitness club. Briatore launched the Billionaire brand way back in 1998. He also owns a club in Sardinia with the same name. The man seems to have an obsession with the Billionaire name. Well best of luck for his latest venture.
Via: ArabianBusiness , Emirates247
