The companies understood to have been approached for the contract include the local/ Lebanese Arabian Construction Company (ACC) and Australia’s Multiplex.

The project involves the construction of three 62-storey residential towers, a 55-floor office tower and an 18-level residential block, which includes a 500-room four star hotel.

The towers will sit on a six-storey podium whuich will have floors for parking, retail and a health club, and a three-level basement.

The contract also includes a convention centre and ballrooms, external works and landscaping. The total built-up area is 1.1 million square metres.

US-based Arquitectonica prepared the concept design. Lebanon’s Khatib & Alami is the consultant. The client is a joint venture of local developer Sorouh Real Estate and Sharjah-based Tameer Holding.

Tameer is also negotiating with contractors for the contract to build its Tameer Towers project, which is also on Reem Island.

The joint venture of local Al-Habtoor Engineering Enterprises, South Africa’s Murray & Roberts Contractors (Middle East) and Saudi-based Al-Rahji Contracting was the only bidder for the estimated AED7bn ($1.9bn) project in April.

The project involves building six towers between the sea and the Central Park area of the Shams Abu Dhabi development.

The centrepiece of the project is a 74-floor, 300-metre-tall office tower in the commercial area, along with a 21-storey hotel and apartment tower.

The residential district includes two 50-floor and two 30-floor towers. The total built-up area is 915,000 square metres.

Dubai-based Arabian Foundations was sub-contracted for the enabling package in October 2007 (MEED 17:4:08).