Investment Corporation of Dubai developing tower at World Trade Centre
The Investment Corporation of Dubai (ICD) has invited selected contractors to express interest in the contract to build a major new high-rise tower in the World Trade Centre area of Dubai, known as One Zabeel.
Companies that express interest will then be invited to prequalify for the construction work. A consultancy team for the project was appointed last year. The architect is Japans Nikken Sekkei, the structural engineer is UK-based WSP, and the project manager is UK-based Mace Group.
The building has been designed as a new landmark structure for Dubai, with Nikken Sekkeis design being chosen ahead of proposals from at least three other leading international design firms.
ICD had planned to build a tower on the site in 2008, known as One Zabeel. Construction work on the project, which includes offices, residences, retail outlets and a five-star hotel, had already started, with the local Dutch Foundations working on the enabling package. The contract was cancelled in 2009. That tower was designed by US-based Burt Hill.
ICD is also reviewing prequalification documents and meeting with contractors for construction work on the $1.4bn expansion of the Atlantis resort on the Palm Jumeirah.
Known as the Royal Atlantis Resort and Residences, the hotel building will be built next to the existing Atlantis hotel on the crescent of the Palm Jumeirah, which opened in 2008. The new 800-room, 46-storey hotel will be managed by Bahamas-based Kerzner International. The development will include 250 luxury residences as well as retail outlets. The property is scheduled for completion by 2017.
New York-based Kohn Pedersen Fox Associates is the architect for the project. London-based GA Design has been appointed to do the interiors. UK-based Faithful+Gould is the project manager. Kerzner is the development manager. In April, ICD bought a equity stake in luxury hotel developer and operator Kerzner International Holdings.
ICD is also planning an AED8bn ($2.2bn) Deira Waterfront project that will overhaul some of the traditional souk areas of the old central business district, and a AED2.5bn development in the Warsan area, which will include residential units and a school.
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