Dubai Properties said the key infrastructure work including sewage, water network, district cooling, and power connectivity is steadily progressing at the Dh110 billion ($30 billion) Business Bay master development.
A subsidiary of Dubai Properties Group, the master developer is also gearing up for the forthcoming delivery of the Executive Towers.
Business Bay is Dubai Properties’ 80 million sq. feet master development, located along the extension of the Dubai Creek.
A ‘city within a city’, it is being developed along the lines of Manhattan of New York or the Ginza of Tokyo, for providing the best possible commercial environment to world-class companies, investors and businesses, said a company official.
As one of the key milestones at the development, Business Bay was energized by a 132/11 kV power substation in February 2009 to feed the first and second phase, on the west side of the project.
A second substation that will power the east side is set for completion in September 2009 while a third substation is set for construction in close proximity to the north end of the development.
Mohamed Binbrek, Group CEO of Dubai Properties Group, pointed out Business Bay was its most acclaimed and ambitious project up to date.
'The unprecedented logistics and scale of construction that encompasses the development is closely supervised by Dubai Properties and relevant business partners and stakeholders, and we are determined to deliver all foundational function in a timely manner.'
'In line with the progression of key infrastructural networks, Dubai Properties is continuously implementing improvements to the development, ensuring that all areas receive adequate attention and enhancement wherever needed.'
'As part of our commitment to shaping quality master developments, Dubai Properties complements the Dubai skyline with the delivery of several major projects.'
'In line with our promise to our stakeholders, our status is backed by projects such as Executive Towers and the Creek extension at Business Bay, amongst other spectacular developments around Dubai,' Binbrek added.
'Client needs stand as our topmost priority and we will continue to bring on stream projects that serve as a benchmark for generations to come, he remarked.
In line with the handover of many spectacular towers at the development, a comprehensive road network has been laid out throughout the first and second phase of project to serve the residential and commercial premises.
Additionally, two parallel roads that are being constructed to the east and west of the development by the Road and Transport Authority (RTA) are anticipated to further benefit the Business Bay community.
Complementing this accessibility, a major portion of a thorough water network has also been completed last year and is scheduled to open soon. In parallel, an internal sewage network at Business Bay has been completed and will soon be connected to the Dubai Municipality sewage network.
Dubai Properties’ first project in Business Bay, the Dh3 billion Executive Towers, markedly visible from the arterial Sheikh Zayed Road and Al Khail Road, is a vibrant residential and commercial environment.
While 10 of the residential buildings at Executive Towers feature studio-to four-bedroom apartments, others include one office tower (with 187 office suites), 60 villas located at the plaza level, eight boutique office villas and a three-level podium that offers parking bays for 4,500 vehicles.
The Executive Towers is serviced by an off-site district cooling systems, which are an effective and efficient means of air conditioning. Allowing central plants to cool water and distribute it through a network of piping systems to individual buildings, this system results in a 35 per cent reduction in energy consumption.
Business Bay offers<