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ALDAR Properties awards major construction contract for new development in Al Muroor District
- United Arab Emirates: Saturday, May 28 - 2005 at 09:20
- PRESS RELEASE
ALDAR Properties PJSC today announced that is has awarded the construction of a new office building in Al Muroor, Abu Dhabi, to Consolidated Contractors International Company, S.A.L.
Designed by international architect Jung Brannen of Boston, the building will feature the very latest in building technology, amenity and services for its tenants within a 60,000 square metres gross building area.
A key feature will be the impressive heritage style entrance leading to a stunning atrium that will provide a dramatic sense of arrival and presence. Arranged over 10 floors of open plan office accommodation, the building will cater for the needs of its occupiers with the provision of raised flooring throughout a business and conference centre, a 150-seat auditorium, an ERWDA library, dining facilities, prayer rooms, a convenience shop and a crèche.
Adjacent to the office building will be a 25,000 square metre ancillary building that will provide dedicated car parking for occupiers, a health club and research facilities for ERWDA.
Commenting on this construction award, Ahmed Ali Al Sayegh, the Chairman of ALDAR said: "This is another major development for ALDAR and demonstrates our commitment to provide sustainable developments that meet occupiers' requirements and needs.
"The construction tenders were very keenly priced and the final selection process was extremely difficult. We are delighted that CCC has been awarded this contract as they clearly demonstrated a professional commitment to build to our exacting standards and requirements".
Construction will start next month on a fast track programme and will be completed 21 months later.
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Notes and media contacts
Note to Editors:ALDAR Properties PJSC is a premier real estate development, management and investment company headquartered in Abu Dhabi, UAE. The company was formed as a result of an initial Public Offering (IPO) of shares. The PJSC was created under Emiri Decree No 808 of 2004.
ALDAR Properties PJSC was created to fast track real estate investment opportunities, and to offer an opportunity to participate in the prosperity of this increasingly important industry in the UAE.
The current property portfolio includes major developments and re-developments within Abu Dhabi Emirate, such as the Central Market in Abu Dhabi, the Al Raha Beach Development in Umm Al Nar, the Mubadala Development Company - ERWDA Headquarter Building in Abu Dhabi, Al Jimi Mall Expansion in Al Ain, Jebel Hafeet Resort in Jebel Hafeet, Al Ain, and the Al Mudheef Urban Regeneration Scheme in Al Mudheef.
ALDAR Properties PJSC is owned by leading Abu Dhabi institutions, founder shareholders and individual investors.
For further information, please contact ALDAR's corporate communications advisers, Sareem International, on the numbers below:
Abu Dhabi Office
Tel.: +971 (2) 6771196
Fax: +971 (2) 6790060
Dubai Office
Tel.: +971 (4) 343 3688
Fax: +971 (4) 321 1988
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Posted by Anne-Birte Stensgaard, Senior News Editor
