Nakheel replaces canal with park
Palm trunk sees redesign as developer adjusts masterplan to include green space "in the best interests of the owners"
Nakheel has revised the design of the trunk on the Palm Jumeirah to incorporate a park in place of the canal, which was part of its original plan.
The developer claims that the 78,000m2 park would give a better balance between waterfront leisure and recreational activities, while providing community space for residents.
Chris O'Donnell, Nakheel chief executive, said: "In evolving the Palm Jumeirah into one of the world's premier resorts for living, tourism and leisure we are constantly looking at ways to add to the amenity of life on the island.
"As developer, we maintain the right to revise the masterplan, but in doing so any changes are made in the best interests of the owners. This particular change will add a major attraction to the island and actually add value to their property."
A letter sent to those who have invested in property on the trunk of the Palm read: "We enclose a copy of the latest concept plan. This includes the major waterfront leisure facilities, including marinas, beachfront hotels and shoreline clubhouses that had been announced since the original concept design was revealed in 2001. In order to achieve a better balance between waterfront leisure and recreational facilities and also provide valuable community space for residents, a beautifully landscaped park will now become the focal point at the centre of the trunk."
A Nakheel spokesperson confirmed that property owners would not be compensated since the right to change the master plan is stipulated in the contract.
The original plan for the Palm Jumeirah trunk included a canal that was initially intended to run down the entire length of the development.
The first villas to be completed on the fronds of the offshore island development were handed over to investors at the end of 2006.