Activity is increasing at Dubai International Finance Centre (DIFC), with the selection of the local/Australian Nasa Multiplex for the AED 1,000 million ($272 million) main construction package on the Index tower project and the start of tendering for a twin tower mixed-use development by local developer Al-Fattan Properties.
The guaranteed maximum price contract for the Index tower project, also known as One Central Park, calls for the construction of a 79-storey mixed-use residential and office tower in DIFC. Completion is expected in 2008. The local Edara, in joint venture with Australia's APP, is the project manager; the UK's Foster & Partnersis the architect; Lebanon's Khatib & Alamiis the consultant; and the UK's Currie & Brownis the cost consultant. Union Propertiesis the client (MEED 18:2:05). Tenders covering piling, shoring excavation and dewatering works have been issued by Al-Fattan to five companies for the twin tower development located next to the Gate building in DIFC. The project involves the construction of a 51-storey residential tower and a 13-storey office tower. Tenders will be issued for the main construction package in January, with work expected to start on the structure in late February. US-based Gensler is the concept architect; South Africa's DSA Architectsis the local architect; and LC Consulting, also of South Africa, is the structural engineer. The local Dutch Foundations carried out the enabling works (MEED 18:10:05).
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.