• Tender closing date for Atlantis resort moved to 28 July
  • New property will be built next to existing Atlantis hotel
  • At least eight groups invited to bid for contract

The Investment Corporation of Dubai (ICD) has extended the tender closing date for the contract to build the estimated $1.4bn new Atlantis resort on Dubai’s Palm Jumeirah to 28 July. The original closing date was 21 June.

It is understood at least eight contracting groups have been invited to bid for the deal. They include:

Known as the Royal Atlantis Resort and Residences, the hotel building will be built next to the existing Atlantis hotel, which opened in 2008 on the crescent of the Palm Jumeirah. The new 800-room, 46-storey hotel will be managed by Bahamas-based luxury hotel developer and operator Kerzner International. The development will also 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, and Canadian-owned WSP / Parsons Brinckerhoff is providing a broad range of engineering and environmental consultancy services. London-based GA Design has been appointed to do the interiors for the resort and US-based SM Design is working on the interiors for The Residences. 

UK-based Faithful+Gould is the project manager. Kerzner International is the development manager. In April, ICD bought a equity stake in Kerzner International Holdings.

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