Local real estate developer Meraas is preparing to invite selected contractors to bid for the contract to build the second phase of its Avenue retail precinct in Dubai.

The local/UK Al-Futtaim Carillion was awarded the contract to build the first phase of its The Avenue project in December 2011.

The three-phase retail development will be spread over 1.1 kilometres and will be built on the crossroads of Al-Wasl road and Safa road. The consultant for the scheme is the local Dewan Architects & Engineers.