Local developer Emaar Properties has received bids from contractors for the contract to build an extension to its Dubai Mall.
The work involves building a fashion avenue next to the existing mall, the lake, Burj Khalifa and the existing Address hotel, offering 75,000 square metres (sq m) of retail space and about 25,000 sq m of parking.
Emaar is busy starting work on new project in the Downtown Dubai district where the mall is located. It has awarded CCC the estimated AED700m ($191m) contract to build the Dubai Modern Art Museum and Opera House District.
The 2,000-seat venue will be built in Emaars Downtown Dubai development. In addition to the opera house, the local develop plans to build new hotels, studios and leisure facilities in the area. The consultant is the UK-based Atkins.
It has also awarded Canadas Brookfield Multiplex the contract to complete the raft foundations for its Address Residence Fountain Views development at its Downtown Dubai development.
Emaar is tendering the main construction package, which involves building three towers, including a 220-metre-tall, 60-storey, 280-unit luxury residential tower looking out to Burj Khalifa, the worlds tallest building, and The Dubai Fountain.