A contract worth an estimated US $272 million (AED 1 billion) for the construction of a mixed-use development at Motor City in Dubailand will be put to tender in December this year.
The project, to be called Main Street, will be made up of 21 buildings ranging from three to ten storeys, as well as retail and office buildings.
According to Antoine Hasrouni, senior project manager, Edara Project Management (the project manager for the entire Motor City development), it will take around two months to negotiate and award the contract.
"We have not drawn up a list of companies to invite to bid yet, it is too early," he said.
Motor City is an 11 million m2 project made up of residential, business, sports and leisure facilities in the form of five major components: Dubai Autodrome, F1 Theme Park, Business Park Motor City, Uptown Motor City and Green Community Motor City. It is being developed by Union Properties with an estimated investment of $3 billion.
Numerous contractors are currently involved in the project: Al Naboodah Laing O'Rourke secured the contract for Area One in Uptown Motor City; Al Futtaim Carillion is the contractor for Area Two, having won the $376 million contract to build 34 apartment blocks. The company was also awarded the $75 million infrastructure package for the project. NASA Multiplex is the contractor for the Automall, situated in Business Park Motor City. The $256 million package includes construction of the mall, a 38-storey office tower and a three-level showroom at Motor City.
CLICK HERE TO POST A COMMENT
| 15 stories | 58 stories | 10 stories | 5 stories
Tabreed CEO Karl Marietta on how he plans to tackle rising costs hitting the district cooling industry.
There is a rising need for the construction industry to conform to international standards.
Saudi Arabia and Bahrain have been named in a report as the best places in the region to do business.
Brijesh Bakhda, director of Kensington Real Estate, on the importance of the design component.
Recruiting the best and brightest design professionals is crucial for the booming Middle East.
SURVEYS & REPORTS
Print this page
Email this to a friend
Discuss this article (0 Comments)
Mobile
