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Old March 19th, 2009, 04:17 AM   #721
Soroban
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Quote:
Originally Posted by Stephan23 View Post
Dubai’s tallest commercial property to finish by 2012

15-Mar-2009

An announcement for the main contractor for the world's tallest commercial property would be made shortly

Real estate project in Dubai, Burj AL Alam is well on course for completion in 2012, according to director of projects for developer Fortune Group. An announcement for the main contractor for the world's tallest commercial property would be made in one and a half to two months.

Colonel Syed Muhammad Shahid, director of projects for developer Fortune Group, said: "Keeping in view the prevailing financial situation everyone knows that clients are delaying the payment of installments because of which a slow progress in all matters may be expected."

Middle East Foundations started construction work on the shoring and anchoring for the project five months ago. The 108-storey structure, which has been designed by Nikken Sikkei in the shape of a crystal flower, will be located in the Business Bay area.

http://www.gowealthy.com/gowealthy/w...109548328.html

Burj Al Alam on track for 2012 completion


by Tom ArnoldThis email address is being protected from spam bots, you need Javascript enabled to view it on Sunday, 15 March 2009
Dubai's Burj Al Alam project had suffered from delays in payments from investors but was still on track for completion in 2012, according to director of projects for developer Fortune Group.

Speaking to Arabian Business on Sunday Colonel Syed Muhammad Shahid admitted that the AED 5bn ($1.36bn) development had been affected by delayed installments of payment from clients funding the development.

However, the project, which will be the the world’s tallest commercial tower at 501 metres, was still on track for completion in three years time.

An announcement on the main contractor for the development would be made in one and a half to two months, Shahid added.

Grocon, Besix, Samsung Engineering and Arabtec Construction were on the shortlist to be named the main contractor, he said.

“As far as the announcement of the main contractor is concerned it will take some time because for a project of such a magnitude it takes months to straighten out queries and clarifications before things take the final shape,” he said.

Speaking about the commercial construction sector in Dubai generally, Shahid said: “Keeping in view the prevailing financial situation everyone knows that clients are delaying the payment of installments because of which a slow progress in all matters may be expected.”

Middle East Foundations started construction work on the shoring and anchoring for the project five months ago, Shahid said.

The 108-storey structure, which has been designed by Nikken Sikkei in the shape of a crystal flower, will be located in the Business Bay area.

US-based Parsons Brinckerhoff has been named project manager for the scheme.

http://www.arabianbusiness.com/54957...012-completion
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Last edited by Soroban; March 19th, 2009 at 04:23 AM.
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Old March 19th, 2009, 04:40 AM   #722
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interesting info....510m its quite tall....108 floors....cant imagine open window at level 108
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Old March 20th, 2009, 04:14 PM   #723
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So, is this astounding skyscraper still on hold, or did they restart the construction?
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Old March 22nd, 2009, 07:02 AM   #724
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Oh well another useless and huge tower in Dubai on hold. No love lost there.
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Old April 8th, 2009, 12:44 PM   #725
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By sale today

[IMG]http://i41.************/2l8yquw.jpg[/IMG]
[IMG]http://i39.************/rjh2fs.jpg[/IMG]
[IMG]http://i42.************/t9w8qw.jpg[/IMG]
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Old April 8th, 2009, 01:07 PM   #726
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great.goos to see piling machines. thats one hell of a truck ramp access.
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Old April 8th, 2009, 01:13 PM   #727
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the machine was also there before on older pics and hasn't moved an inch...
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Old April 8th, 2009, 02:39 PM   #728
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They are some massive area foundations for what is going to be such a slim building! Or is it just because of its 510 metre height it looks really slim?
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Old April 8th, 2009, 05:07 PM   #729
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before
[IMG]http://i44.************/295toz.jpg[/IMG]

After
[IMG]http://i39.************/rjh2fs.jpg[/IMG]

Its look like On hold???
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Old April 8th, 2009, 06:28 PM   #730
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Quote:
Originally Posted by patrykus View Post
Its look like On hold???
not to me, but very very very slow progress
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Old April 8th, 2009, 08:44 PM   #731
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Quote:
Originally Posted by Toetallix View Post
They are some massive area foundations for what is going to be such a slim building! Or is it just because of its 510 metre height it looks really slim?
It has a mall at the base.
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Old April 17th, 2009, 05:17 PM   #732
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i want it now!!!
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Old April 17th, 2009, 06:21 PM   #733
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on hold?? omg i did'n know that, i like it so much this proyect...
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Old May 7th, 2009, 03:21 PM   #734
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Any new updates ?
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Old May 7th, 2009, 03:26 PM   #735
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Main Burj Al Alam contracts weeks away
Angela Giuffrida

Last Updated: May 05. 2009 3:53PM UAE / May 5. 2009 11:53AM GMT The main construction contract for the Burj Al Alam, a 501-metre high commercial tower at Dubai’s Business Bay that is destined to be one of the world’s tallest buildings, is expected to be awarded in “four to five weeks”, according to officials.

Muhammed Athar, the sales coordinator for the project at Fortune Group, the Dubai developer behind the project, said the company was in the final stages of negotiation with contractors but declined to name which firms had submitted bid for the deal.

He said about Dh1bn (US$272m) had been trimmed from the original budget, with construction now likely to cost Dh3bn.

“This was primarily due to lower costs of building materials...we will hopefully announce the contractor in four to five weeks with work beginning soon after,” said Mr Athar.

He added that construction would be financed through the company’s own resources although it may consider raising money from other sources if required.

Burj Al Alam was launched in 2006 and is more than half sold. Foundations work, which was carried out by Middle East Foundations, is now complete.

If the main construction goes according to schedule, the tower will be ready in the first quarter of 2012.
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Old May 7th, 2009, 03:30 PM   #736
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So, very good news ...
I can't wait for its completion
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Old May 7th, 2009, 04:05 PM   #737
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Foundation works completed?

I want to see some pics!
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Old May 7th, 2009, 05:51 PM   #738
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finished pilling?
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Old May 7th, 2009, 07:07 PM   #739
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yeah! some updated pics would be great =]
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Old May 8th, 2009, 10:22 PM   #740
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Great news. Great to see there is still some money available to invest in this project.
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