Why Europe is Building a $34BN Transport Mega-Hub
Infrastructure 30 Apr 2025
A team at China’s National University of Defense Technology has accelerated a one tonne maglev sled to 700 kilometres per hour in just two seconds, setting a new benchmark for ultra fast ground transport. The breakthrough adds fresh momentum to China’s ambitions in magnetic levitation, following the development of the CRRC 600 train, and hints at a future where trains could rival aircraft speeds.
But despite decades of promise, maglev has struggled to move beyond niche projects. High costs, technical challenges and competition from high speed rail have held it back. As new tests push the limits of what is possible, the question remains: can the technology can ever be deployed at scale?
Dubai-based Znera has imagined a new "strategic waterway" for the United Arab Emirates that would be called the Strait of Union.
The guitar-shaped Hard Rock Hotel and Casino is now well and truly making its mark on the Las Vegas strip. Rising on the former site of the Mirage, the hotel is due to open in 2027.
RXR Realty has now filed permits for 175 Park Avenue, a 95-storey skyscraper that would rise next to Grand Central Station.