Emaar Middle East plans additional Jeddah Gate projects for the first and second quarters of 2011
Emaar Middle East (EME) plans to complete the development of its SR365m ($100m) Abraj al-Hilal residential complex at Jeddah Gate by the end of 2010.
EME expects to complete all road works and mechanical, electrical and plumbing (MEP) utilities by September. Asphalt work and street-level landscaping is scheduled for completion in December, says Dr Dia Malaeb, regional chief executive at EME.
Emaar to complete road works and mechanical, electrical and plumbing utilities by September
The 12,335 square-metre Abraj al-Hilal development was launched in Novemember 2007. It is the first phase of the estimated $1.6bn Jeddah Gate development.
It is made up of three high-rise residential towers, which include 273 apartment units ranging from one to four bedrooms and an undisclosed number of single-level and duplex penthouses.
Abraj al-Hilal also contains an indoor and an outdoor swimming pool, fitness centre and health spa, conference centre, ballroom and child care centre. The podium includes three levels of parking space and will eventually contain 2,300 sq m of retail space.
EME expects to launch new residential, commercial and retail projects at Jeddah Gate in early-2011, says Malaeb. Once complete, the project will contain 68,000 sq m of retail space, 233,000 sq m of office space and more than 4,000 housing units.
Several local companies are involved in delivering Jeddah Gate. International Building Systems Factory (IBSF) is the building contractor while Al-Taafuf Company (STS) is the mechanical, electrical and plumbing contractor. Saudi Diyar is the lead architect for the buildings while Zuhair Fayez Partnership Consultants (ZFP) designed the infrastructure.
Canada’s HOK International designed the masterplan for the 12-square-kilometre project.
EME is also developing the 2.6 million sq m Al-Khobar Lakes in Saudi Arabia’s Eastern Province. In March this year, it awarded an estimated $600m construction contract to the local Building Construction Company (BCC) for the 220,000 sq m Al-Ghadeer Village (MEED 15:3:10).
Emaar Middle East is a joint venture between Dubai-based Emaar Properties and local developer Al-Oula Real Estate Development Company.