DIFC Retail Spine was renamed Gate Avenue in late April
Dubai International Financial Centre (DIFC) has invited companies to bid by 19 May for a preparatory works contract for its AED475m ($129m) Gate Avenue retail district at DIFC.
The work involves preparing the existing substructure that was previously completed as part of another contract before a main contractor is appointed.
The 61,000-square-metre retail centre will connect existing buildings at DIFC, as well as future developments. There will be 150 retail outlets in the centre that was previously known as the Retail Spine.
DIFC says the main construction contract will start in the third quarter of this year and the centre will open in fourth quarter of 2017.
The consultant for the Gate Avenue development is the UKs RMJM. The project manager is US-based Turner Construction International.
DIFC is also tendering a contract to build the Gate Village 11 building. Contractors submitted bids for the contract in the first quarter of this year and are waiting for an award.
DIFC looks east as it plans to triple in size
DIFC plan to triple in size
The Dubai International Financial Centre (DIFC) is looking east for growth as it plans to triple in size by 2024.
The DIFC expects its future growth to come from three key areas. The largest, which will account for 50 per cent of its growth over the next decade, will come from Asia as part of what DIFC calls the South-South corridor. Read more
You might also like...
No extension for Dubai sewer tunnel prequalification
24 April 2024
Diriyah progresses Zallal Bujairi construction
24 April 2024
Kuwait announces oil project tenders worth $2.7bn
24 April 2024
Kuwait tenders gas export pipeline project
24 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
