SkyscraperCity Forum banner

BAKU | Crescent Bay | 210m | 52 fl | 170m | 35 fl | 166m | 36 fl | T/O

260K views 398 replies 79 participants last post by  DarkLite 
#1 · (Edited)
The Crescent Development Project is a prestigious 450,000 square-metre mixed-used development in the heart of Baku, Azerbaijan.

Designed to be a world-class landmark, the development includes a retail podium, residential and commercial towers and a 33-storey, seven-star hotel on an island in the Caspian Sea.

The construction phase of the development is underway, and the project is expected to be completed in late 2016.

 
See less See more
1
#113 ·
Eversendai bags RM87m Baku project

Eversendai Corp Bhd has secured a project in Baku, Azerbaijan, worth RM 87.3 million (USD 28,5 million) through its subsidiary Eversendai Engineering LLC, Dubai.

The project involves the supply, fabrication and erection of structural steel-work for an office tower development named the Crescent City.

The Malaysian Reserve had earlier reported Eversendai plans to expand its operations to the Commonwealth of Independent States (CIS) countries in anticipation of the region’s expected growth, singling out Azerbaijan as an entry point.

The project is expected to be completed by August 2014 and will contribute to the earnings of Eversendai for financial years 2013 to 2014, the company said in a statement issued yesterday.

“The structural steel works contract that we have secured for the Crescent City is first phase of the Crescent Development Project in the capital city of Baku,” said executive chairman and group managing director of the company AK Nathan in the statement.

Among the risk factors affecting the Crescent City project include execution risks such as availability of skilled manpower and materials, changes in prices of materials, and changes in political, economic and regulatory conditions.

The work on the project, which was awarded by the developer Gilan Holding LLC, to the company will start this month.

The Crescent City project includes an office tower which has 41 storeys. The work includes connection design, preparation of detailed fabrication drawings, raw material supply, fabrication, blasting, primer, application of cement fireproofing, installation of the structural steel works, supply and installation of composite metal decking required for the Crescent City Project.

March 5, 2013
The Malaysian Reserve
 
Top