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Reality check for Dubai developer's US$20m project

Published Mon, Jan 11, 2016 · 09:50 PM
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Dubai

MORGAN PARKER'S first job at one of Dubai's biggest developers was to tell his bosses everything that was wrong with their US$20 billion plan to build the world's largest mall and 100 hotels to surround it.

A lot, it turned out. The former head of the Rockefeller family's Rose Rock real estate firm took Dubai Holding LLC's Mall of the World project back to the drawing board, pushing a scaled-down plan that doesn't require breaking records to attract attention.

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