Thursday 28 March 2024
 
»
 
»
Story

Enabling works completed at Business Bay

Dubai, February 3, 2009

Luxury lifestyle provider Damac Properties Dubai has completed the enabling works at its Executive Bay development at Business Bay in Dubai.

Tenders to commence the main construction work on the twin tower project (one 18 storey high and the other at 20 storey) are currently under way with construction expected to commence shortly, said an official spokesman.

Executive Bay is one of 11 properties that Damac Properties has planned for the Business Bay area.

The site has been shored and excavation for basements completed by the enabling works contractor Al Habtoor STFA for the development which will include a shopping arcade on the ground floor together with state of the art office space overlooking a waterfront location.

Damac Properties’ eye catching Executive Bay towers will feature hi-speed Internet connectivity, security, and recreational facilities, such as a gymnasium, health club facilities and swimming pool.

Each tower comprises a series of three interconnected triangular buildings and will have a common landscaped courtyard and café.

Welcoming the progress on site at Executive Bay, CEO of Damac Properties Peter Riddoch said that the next stage of construction would begin as soon as tenders had been assessed.

‘It is pleasing to note that we are in a position to go ahead with construction as soon as we have appointed a successful contractor,” he said.

Business Bay will eventually cover an area of 64 square feet along the banks of the extended Dubai Creek and is expected to attract a number of regional and international companies.

It has been designed as a commercial and business cluster in line with Dubai’s growing global business community base and will be similar in nature to Manhattan in New York with upscale residential complexes also available on site. – TradeArabia News Service




Tags: Damac | executive | creek |

More Construction & Real Estate Stories

calendarCalendar of Events

Ads