Bouygues/Target JV signs up for DIFC Ritz-Carlton
20 Jan 2006
The contract is worth an estimated $275 million
A French/local joint venture (JV) of Bouygues Batiment International and Target Engineering Construction Company has begun mobilising on the Ritz-Carlton hotel and apartment project in the Dubai International Financial Centre (DIFC) after winning the estimated $275 million main contract. The client on the three-year contract is the local Union Properties (MEED 12:8:05).
Two other contractors – Saudi Oger and Al-Naboodah Laing O’Rourke – submitted bids last August for the design and build contract, which centres on the construction of a 15-storey hotel and apartment building with three basements of parking. The contract does not include piling which has been carried out under a separate contract.
The development will comprise 340 hotel rooms, 124 serviced apartments and 323 unserviced apartments, ranging in size from one-four bedrooms. In addition, it will include a ballroom, meeting rooms, restaurants and other public facilities.
The project manager on Ritz-Carlton is a JV of the local Edara and APP; the architectural consultant is US-based Gensler & Associates; the structural and mechanical, electrical and plumbing consultant is the UK’s Hyder; and the quantity surveyor is DG Jones, also of the UK.