good news, finally some progress again here.
AED 30 Million Contract of Al Badia Business Park, Dubai Festival City: Building 1 Of 5 Construction Begins with Expected Completion of Late Summer 2011
Al-Futtaim Group Real Estate (AFGRE), the real estate development and operations arm of Al-Futtaim group, announced it has awarded Khansaheb Civil Engineering in Dubai a 30 million Dirhams contract to commence construction of Al Badia Business Park at the south east section of Dubai Festival City.
The construction contract is for the first of five office buildings and will comprise of 2 basements, ground floor plus 4 additional floors, along with associated services serving the 22,000 sq. m. building. The agreement also includes the infrastructure works within the plot boundary consisting of Mechanical Engineering Plumbing (MEP), including landscaping and access roads.
Emad Nimeh, Development Director - Residential & Commercial at Al Futtaim Group Real Estate (AFGRE) said: "We're delighted to commence the construction of Al Badia Business Park, a much anticipated commercial offices project at Dubai Festival City, the mega mixed-used development. Al Badia Business Park will offer an exceptional commercial environment with easy road access, amble parking, excellent infrastructure as well as a wide range of world class leisure and shopping facilities. The appointment of Khansaheb Civil Engineering emphasises our focus on working with the leading local companies that will provide the highest standards".
The project has already begun and the first building completion date expected of late summer 2011. It is located near Deira International School and its design comprises a low rise office complex with parking lots. As a part of Dubai Festival City community, Al Badia Business Campus benefits from its strategic location which is easily accessible through Nad Al Hammar, Al Rebat Road, Business Bay Crossing, Garhoud Bridge and 2km from Dubai International Airport. In addition to the projects proximity to the three residential districts and Festival Centre within Dubai Festival City, the Campus is linked by an existing 30 kilometre internal network of roads and parks where transportation shuttles are in operation.
In 1935 Khansaheb became the first contractor to work in, what was then, the Trucial States. Since then Khansaheb has grown along with the UAE to be today, one of the leading contractors in the region.
Dubai Festival City has been designed to suit the varied lifestyles of both families and working professionals, where all can enjoy a range of interconnected first class services and activities including the finest residential, shopping, dining, leisure & entertainment, international hotels, schools, golf course, automotive park and offices along the Dubai Creek. Dubai Festival City combines safe living, working and five star services to create an integrated community retreat like no other.