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References in periodicals archive ?
The CDA should desist from changing the status of Sector I-17 from industrial to residential sector and focus on its development as a modern industrial estate so that industrial activities could flourish in the region, he added.
He said the CDA in collaboration with Chamber had done lot of work in 2008 to develop Sector I-17 as a new industrial estate in Islamabad and it was surprising that the civic body was considering to change its status from industrial to residential area.
For some real estate development firms, the challenges posed by converting a building from industrial to residential use are daunting enough to scrap the idea all together.
North Tyneside Council Planning Committee is expected to refuse the planning application for the land and buildings at Trembles Yard, Whitley Road, Benton to change of use from industrial to residential.
Islamabad -- The Islamabad Chamber of Commerce and Industry has strongly opposed the CDA move for forwarding a summary to the Prime Minister to change the status of I-17 from industrial to residential sector and termed it an unwise step as it would badly affect the industrialization and investment in the federal capital.
This could lead to rezoning of much of the area surrounding First, Second and Third Avenues from industrial to residential use, which would almost certainly create a ripple effect raising property values as far east as Ninth Avenue.
Now, some developers and property owners are hoping Sunset Park's future will be similar to that of DUMBO and Greenpoint, which have gone through significant rezoning from industrial to residential and have experienced robust development activity.
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