By Staff writer
Saudi-based Binladin Contracting Group wins first contract for 750-acre mixed use development in Dubai
Construction work has started on Town Square, the recently launched Dubai mixed-use mega project with the first contract awarded to Saudi-based Binladin Contracting Group, it has been announced.
The deep service contract, to be executed in 180 days, covers excavation and back filling for district cooling piping network, storm drainage and main sewers, across the area that includes the recently launched Zahra and Hayat Townhouse communities, developer Nshama said.
Town Square is a 750-acre development anchored by a central square, and featuring a range of lifestyle choices including Vida Town Square Dubai hotel and a Reel Cinemas cineplex and open-air cinema.
In addition to a 2.5 million sq ft retail precinct featuring over 600 stores and F&B outlets, Town Square will also offer day-care facilities, playgrounds, play zones for all ages, swimming pools, fitness centre, athletic spa, interactive water features, skate parks, playgrounds, adventure zones, modern medical facilities and splash parks.
Nshama has recently marked the launch of the Zahra and Hayat Townhouses and Zahra Apartments, with prices of Zahra Apartments starting at only AED349,988 and Zahra and Hayat Townhouses available from AED999,988.
Fred Durie, CEO of Nshama, said: “We are committed to delivering the projects as per schedule, highlighted by the contract awarded for undertaking deep services. Nshama is drawing on its expertise in project management in developing Town Square to high quality standards and by working with experienced contractors and consultants.”
Medhat Ammari, manager, technical affairs of Binladin Contracting Group, added: “We have a strong history of undertaking large-scale projects and executing them as per clear timeframes. Town Square by Nshama is an exceptional project that focuses on providing maximised value for customers and we have commenced work on the first deep services contract to complete the work within the agreed time schedule.”
Town Square is located in New Dubai near Al Barsha and will feature over 3,000 townhouses and over 18,000 apartments as well as substantial retail, hospitality and commercial space.