A joint venture of Al Habtoor Engineering and Murray & Roberts has been selected as preferred bidder for the contact to build the Trump International Hotel & Tower on the Palm Jumeirah.
The development, which has an estimated cost of US $600 million (AED2.2 billion), will be made up of a 378-room five-star hotel and 397 residential apartments.
According to a Nakheel spokesperson, the joint venture is yet to officially sign the deal.
Arabian Forasol Foundations began enabling works on the 61-storey structure, which will form the centrepiece of the Golden Mile on the Palm Jumeirah, in August.
The project has been designed by Atkins, while BBGM has been appointed to complete the interiors of both the hotel and the apartments.
Consultant Halcrow and Leslie Robertson from US-based engineering consultancy, LERA, are also involved in the project.
The design of the Trump International Hotel & Tower was changed in April 2006. Initially, the tower was to be shaped like an opening golden tulip, but is now set to feature a split-linked tower with an innovative open-core design that will minimise shadows.
The building will feature vertically mounted solar panels to generate energy, as well as pipes running through the external skin of the building, which will heat water.
Each residence has access to five-star hotel services and amenities, including a gymnasium, spa and a fitness centre.
The development was launched in October 2005, as part of a joint venture between Nakheel and the Trump Organisation, whose president and chairman is Donald Trump.
Referring to the Palm Jumeirah, Trump said: "This is not just the best location in Dubai, it is the best location in the Middle East."
The project has been earmarked for completion in 2009.
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