Tiger Woods Dubai, a massive luxury home and golf course development that's been on hold for months because of the crumbling economy, is "ongoing," assures Dubai
Properties Group Chief Executive Officer Khalid Al Malik. He's quoted in a Bloomberg interview you can read here.
He's not exactly specific about when this "ongoing" project is supposed to be done. "We haven’t decided yet on a date for its completion or delivery to the market," the CEO told Bloomberg.
Work on the Woods-designed course, which was supposed to open last September, has progressed through the eighth hole, the CEO is quoted as saying. Dubai Properties, which is owned by the government, has no plans to cut its ties to the golfer, he added. “We haven’t experienced any change,” Al Malik told Bloomberg.
-- P.F.
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