August closing date for latest tower to be tendered in the emirate this year
The local Azizi Developments has invited contractors to bid by 21 August for a contract to build a tall tower on Dubais Sheikh Zayed Road that was formerly known as Entisar.
The initial designs for the tower, which is now known as the Skyscraper Project, involved the construction of a 100-plus-storey tower that will include serviced apartments, shops, swimming pools and garden areas. It will be built on Sheikh Zayed Road, next to the existing Fairmont hotel.
The project was previously being developed by the local Meydan Group. It is understood that Azizi has taken over the project from Meydan.
Meydan had appointed a main contractor for the project in late 2014. Saudi Arabias El-Seif Engineering Contracting secured the estimated AED2bn ($572m) contract. It is not clear what the status of that contract now is and there has been little progress on the project beyond the foundations stage over the past three years. Meydan had appointed US-based Ae7 as the architect for the tower.
Azizi is one of Dubais most active developers. At the end of last year it said it is planning to launch 50 projects in Dubai in 2017. At the time, the developer said the projects, which will be developed across Dubai, are currently either in the land acquisition, permit application or design stage.
In an interview in earlier in 2016 the companys CEO Farhad Azizi told MEED that it had 6.5 million square feet of real estate projects under construction and it will start work on further 4 million sq ft in 2017.