New commercial precinct is a mixed use area planned to consist of retail, residential, office towers and a promenade
Dubai Maritime City (DMC) on Wednesday announced the start of construction of infrastructure for phase one of a commercial precinct project that will include retail, residential, office towers and a promenade.
The purpose of the AED109 million project is to enhance the infrastructure of DMC to support and enable all the commercial sub-developers to complete their projects, a statement said.
Phase one of the infrastructure work 1 will also integrate DMC into the Mina Rashid area that includes the QE2 Hotel, Marina Fitness 72 and other commercial and residential facilities.
The project is expected to be completed in early 2021, said Sultan Ahmed Bin Sulayem, DP World Group’s chairman and CEO at a groundbreaking ceremony held at the site.
Work will include new roads and paving, sewerage and storm water systems, irrigation, telecom connectivity, street lighting, electrical works, a pump station, and maintenance of existing services.
The commercial precinct is a mixed use area planned to consist of retail, residential, office towers and a promenade.
Sulayem said: “Development of phase one comes at an important time with upgraded facilities and services to existing and potential customers. We look forward to its continued success and contribution to the economy, creating jobs at the heart of Dubai.”