Contractors have been invited to attend workshops to discuss the construction of the 928 metre-plus tall tower that local developer Emaar Properties plans to build at its Dubai Creek Harbour Tower development.
The workshop will also be attended by Spanish architect Santiago Calatrava Valls and the local office of consultancy firm Aurecon.
It is understood the contractors that have been invited to attend the workshops include firms that have worked with Emaar on towers and other major schemes before.
The tower is the most spectacular project that Dubai has launched ahead of the 2020 Expo, and could be the worlds tallest if its height exceeds the under-construction Jeddah Tower in Saudi Arabia.
In an interview with CNN in early June, Emaar Properties chairman Mohammed Alabbar said the tower would be 100 metres taller than the worlds tallest building as of now, Burj Khalifa, which has a total height of 828 metres. Alabbar also said he plans to break ground on the fast-track scheme in July.
Work on the foundations package will start first and the substructure will take about a year to complete.
Tendering for the superstructure will start once work on the foundations has begun. Sources close to the scheme say the core, the steel frame and the cables are likely to be let as one main construction package.
Speaking in April, Alabbar said the building will cost about $1bn to construct and will be completed in time for the 2020 Expo. US news agency Bloomberg has reported that Emaar is considering an international bond issue. Any funds raised could help fund the construction of the tower, which, unlike many other Emaar tower schemes, cannot be financed with off-plan sales as the tower only has 18-20 usable floors.
Dubai versus Jeddah in the race for the tallest building in the world
Jeddah Economic Company
Emaar chairmans comments open up a tantalising game of cat and mouse betweeen two rival towers
For the past few years it has been generally accepted that Saudi Arabias Jeddah tower will replace Dubais Burj Khalifa as the worlds tallest building.
The tower, which is expected to be 1,008 metres tall when completed, has had no real rival scheme, and as the China demand-fuelled global commodity super cycle comes to an end, it appeared unlikely the tower would have any challengers for the foreseeable future. Read more