Arabtec wins $197m contract in Jordan
Abu Dhabi, May 26, 2013
UAE-based contractor Arabtec has won a $197 million contract to build three properties including Jordan's first St Regis hotel and two residential towers in Amman from Abu Dhabi developer Al Maabar.
Work on the three 17-storey buildings will take place over 33 months and Arabtec will commence construction in July. Arabtec was selected as the lead contractor out of 10 companies invited to bid last year.
Yousef Al Nowais, managing director of Al Maabar stated, “Jordan is of great strategic importance to the Mena region and we are committed to driving long-term sustainability and economic growth to Jordan through our mixed-use development projects.”
Hasan Abdullah Ismaik, managing director and CEO of Arabtec Holding, said, “We are proud to be partnering with Al Maabar on this prestigious project that will not only add a new landmark to Amman’s skyline but also contribute to the vibrancy and lifestyle of the city. For Arabtec, this is a significant step into Jordan and an important development in our strategy to expand our regional footprint.”
The project will include the construction of three 17-storey towers with three basement levels of parking. One tower will house the luxurious 260-guest room St. Regis Amman Hotel, while the other two, which will be connected by an external façade, will feature the The Residences at the St. Regis Amman – the first private branded residences available for purchase in Jordan.
The development will also include 25 exclusive boutiques on the podium level of the development, featuring some of the most prominent international brands, four restaurants, a café, pool, fitness centre, signature spa and private parking, an ultra-modern meeting and event space and a business centre.
There will be 79 private residences available for purchase, including 2-, 3- and 4-bedroom residences, in addition to duplexes and 5-bedroom sky villas. Residents will have full access to world-class amenities and recreational facilities including a pool, fitness centre, dedicated lobby, business centre, playgrounds, executive lounge, private theater, butler service and a remarkable space to host meetings and events.
High-quality services such as 24-hour manned security, a concierge service and valet parking, specialized tailor-made services are available around the clock upon request from the dedicated hotel staff. - TradeArabia News Service