UK Baroness’ Luxury Bitcoin Property Project Reportedly Suffering Delay
A luxury residential project targeting the crypto rich may be in trouble.
According to a report from The Times on Sunday, the Aston Plaza project in Dubai – launched in 2017 by high-profile U.K. entrepreneurs Baroness Michelle Mone and Doug Barrowman – appears to have stalled, with its website still displaying the project as “25 percent complete,” the same figure as used in its marketing materials.
Aston Plaza plan was unveiled in September 2017. Said at the time to be costing £250 million ($323 million) to build, the two-tower complex was to feature 1,133 luxury apartments over 2.4 million square feet, with each flat costing between $133,000 and $379,000 in bitcoin.