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Old December 10th, 2011, 07:19 PM   #1
Roha
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ADDIS ABABA | Zemen Bank HQ | 30 Storey | Planned

Zemen’s HQ to stand tall in financial district .

Saturday, 10 December 2011 06:04 By DAWIT TAYE Hits: 55 .


Zemen Bank announced that it is finalizing the process of receiving a plot to erect its HQ building at Sengatera area, a place which is becoming the city’s financial village. The building is planned to be the tallest in the area.

The HQ is going to be erected in front of Addis Ababa University School of Commerce, the Bank announced on Thursday at the official launching of the building’s design.

99 percent of the process of acquiring the 2,304-square meter plot of land is finalized, Ermias Eshetu, the bank’s Deputy Marketing President announced.

From the 18 companies that participated in the auction four months ago, Jedo Consulting and engineering company won the auction to work on the design of the building. Roha consulting and engineering was the runner up and Architect Dawit Getachew was in third place.

If the building is going to be constructed according to the 30-storey design the winning company provided, the building is expected to be the tallest of the structures which are found and are planned to be built in the area.

Officials of the bank disclosed that though the building will be erected according to the design, some improvements may be made.
The winner of the design was awarded 120,000 birr while the runner up and the entrant which came in third were awarded 80,000 birr and 60,000 birr, respectively.

If the winning company is going to perform the consulting works of the building it will be paid additional money, it was learnt. The company has also participated in the design works of the headquarters of the Commercial Bank of Ethiopia’s (CBE) and Nib International Bank’s (NIB).

Hilawe Tadesse, the bank’s acting president, said that the construction of the building will take from two to three years after the land is secured from the city government. Officials of the bank, however, declined to reveal that the total cost of the building saying it is difficult to estimate at this stage.


http://www.thereporterethiopia.com/N...-district.html
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Old December 10th, 2011, 09:50 PM   #2
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The render looks like it has a pretty good potential. I wish the big block of concrete was not there. I think it takes away from the nice, modern design.

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Old December 10th, 2011, 10:17 PM   #3
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Roha and Habeshit,

Nice find!
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Old December 10th, 2011, 11:56 PM   #4
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[QUOTE=abesha;86522134]The render looks like it has a pretty good potential. I wish the big block of concrete was not there. I think it takes away from the nice, modern design.

You are right abesha it could be nicer without that block of concrete.
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Old December 11th, 2011, 08:11 PM   #5
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IMO, the contrast between concrete and glass is nice.
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Old December 12th, 2011, 04:50 PM   #6
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Zemen Selects Design for 31-Storey Headquarters

Zemen Bank has selected the design presented by JDAW Consulting Architects & Engineers for the headquarters it plans to construct on a 2,304sqm plot on Abebe Aregay St.

The bank, which follows a single branch model, is in the process of securing the plot from the Addis Abeba city administration. The plot is located in what is known as the commercial business district next to where the future headquarters of Nib International Bank is to be erected.

The winner of the design competition, which had two stages, was announced on Thrusday, December 8, 2011, at the current headquarters of the bank on Marshal Tito Street in Kazanchis area. The designs from Roha Consulting and Dawit Getachew, an individual who participated in partnership with a friend, placed second and third, respectively, out of eight entrants that had passed on to the second stage of the competition.

Prior to floating the open bid for the competition in August, Zemen had approached 10 companies to submit a technical and financial design for its headquarters.

“This was done because our negotiations for the plot of land we were trying to acquire,” Tewodros Kebede, senior civil engineer at the company, told Fortune. “The city administration required that we show how we were going to use the plot.”

However, this was later changed. A total of 61 people had shown interest for the open call, of which only 18 participated in the first stage and submitted the technical and conceptual drawings. Out of these, eight were selected by a jury of seven members, including five voting architects and two non-voting members, to pass onto the second stage. The second phase of the project involved submitting three dimensional (3D) models of the designs.

The winners, picked by the jury, were awarded 120,000 Br, 80,000 Br, and 50,000 Br from first to third place, respectively. The winnings were handed out by Berhane Ghebray (PhD), board chairman, and Helawe Tadesse, acting vice president, of the bank.

The winning design by JDAW consulting is a 31-storey building, in accordance to the terms of reference. The design incorporates high-tech materials and a curtain wall in order to reflect Zemen’s modern banking system, according to Daniel Assefa, general manager of JDAW, who estimates that the construction will cost around 450 million Br.

While JDAW, which was established in 2000 and employs over 60 people, took first place, the design that was selected for third place came from two architects who are only a couple of years out of college and competed on their own. Dawit Getachew and his partner, who does not want to disclose his name as he has another job, designed their submission in their spare time.

“We do not have a company, and we covered the cost of making the model on our own,” Dawit’s partner, who claims to have spent 10,000 Br jointly for the 3D model, told Fortune.

All of the designers tried to incorporate their own visions of modernity for the headquarters, an ideal the bank tries to reflect, which was one of the requirements in the terms of reference of the design.

Zemen, which was founded in 2008 with a paid-up capital of 150 million Br, is one of the first private banks to offer both ATM and Internet banking services. The bank has what many term a single-branch approach, with only one office but several service points throughout the city.

A branch does not have to have a physical presence, according to Ermias Eshetu, vice president of marketing.

“We are bringing banking services to people through their phones and computers,” he told Fortune. “Our service is widespread, so the term single-branch is misleading.”

Zemen, which only caters to customers that deposit upwards of 25,000 Br and has managed to double its profits after tax to 84.7 million Br in the fiscal year that ended in June 2011, expects construction to take two to three years.

http://www.addisfortune.com/Zemen%20...adquarters.htm
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Old December 12th, 2011, 04:50 PM   #7
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Model and 3-D of the winning design of the 31-storey building, which JDAW estimates will cost around 450 million Br, with illustration of the interior.

Quote:
Zemen Bank has selected the design presented by JDAW Consulting Architects & Engineers for the headquarters it plans to construct on a 2,304sqm plot on Abebe Aregay St.

The bank, which follows a single branch model, is in the process of securing the plot from the Addis Abeba city administration. The plot is located in what is known as the commercial business district next to where the future headquarters of Nib International Bank is to be erected.

The winner of the design competition, which had two stages, was announced on Thrusday, December 8, 2011, at the current headquarters of the bank on Marshal Tito Street in Kazanchis area. The designs from Roha Consulting and Dawit Getachew, an individual who participated in partnership with a friend, placed second and third, respectively, out of eight entrants that had passed on to the second stage of the competition.

Prior to floating the open bid for the competition in August, Zemen had approached 10 companies to submit a technical and financial design for its headquarters.

“This was done because our negotiations for the plot of land we were trying to acquire,” Tewodros Kebede, senior civil engineer at the company, told Fortune. “The city administration required that we show how we were going to use the plot.”

However, this was later changed. A total of 61 people had shown interest for the open call, of which only 18 participated in the first stage and submitted the technical and conceptual drawings. Out of these, eight were selected by a jury of seven members, including five voting architects and two non-voting members, to pass onto the second stage. The second phase of the project involved submitting three dimensional (3D) models of the designs.

The winners, picked by the jury, were awarded 120,000 Br, 80,000 Br, and 50,000 Br from first to third place, respectively. The winnings were handed out by Berhane Ghebray (PhD), board chairman, and Helawe Tadesse, acting vice president, of the bank.

The winning design by JDAW consulting is a 31-storey building, in accordance to the terms of reference. The design incorporates high-tech materials and a curtain wall in order to reflect Zemen’s modern banking system, according to Daniel Assefa, general manager of JDAW, who estimates that the construction will cost around 450 million Br.

While JDAW, which was established in 2000 and employs over 60 people, took first place, the design that was selected for third place came from two architects who are only a couple of years out of college and competed on their own. Dawit Getachew and his partner, who does not want to disclose his name as he has another job, designed their submission in their spare time.

“We do not have a company, and we covered the cost of making the model on our own,” Dawit’s partner, who claims to have spent 10,000 Br jointly for the 3D model, told Fortune.

All of the designers tried to incorporate their own visions of modernity for the headquarters, an ideal the bank tries to reflect, which was one of the requirements in the terms of reference of the design.

Zemen, which was founded in 2008 with a paid-up capital of 150 million Br, is one of the first private banks to offer both ATM and Internet banking services. The bank has what many term a single-branch approach, with only one office but several service points throughout the city.

A branch does not have to have a physical presence, according to Ermias Eshetu, vice president of marketing.

“We are bringing banking services to people through their phones and computers,” he told Fortune. “Our service is widespread, so the term single-branch is misleading.”

Zemen, which only caters to customers that deposit upwards of 25,000 Br and has managed to double its profits after tax to 84.7 million Br in the fiscal year that ended in June 2011, expects construction to take two to three years.




By Elleni Araya
Fortune Staff Writer
AddisFortune.com
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Old December 13th, 2011, 04:41 AM   #8
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Quote:
Originally Posted by abesha View Post
The render looks like it has a pretty good potential. I wish the big block of concrete was not there. I think it takes away from the nice, modern design.
They should have incorporated a glass design into the concrete. That is if not making the entire thing glass instead.
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