Dubai: US$272 million building contract awarded
Multiplex Group on Monday announced that its construction division in the United Arab Emirates has been awarded a Dhs 1 billion (US$272 million) contract for the design and construction of an 86-storey office, residential and retail complex in Dubai.
The Union Properties project, located in the heart of the Dubai International Finance Centre, incorporates 25 levels of office space, 520 apartments and penthouses over 50 levels with other levels being occupied by parking, retail, services and landscaped podium.
Foster and Partners of London, England, produced the architectural concept for the project, while Multiplex has engaged architects Woods Bagot and Structural Engineers Bruechle, Gilchrist and Evans to complete design development.
The project, to be known as the Index, will be delivered on a Guaranteed Maximum Price contract, which is the result of a two stage negotiation process with Union Properties, for whom Multiplex has already successfully completed The Tower and Creekside Apartments projects.
Union Properties have engaged edara-APP, a Joint Venture between edara, a Dubai based project management group, and APP, a well known Australian project management company, as their Project Managers during both the design and construction phases.
Construction is due to commence this month, with contract duration of three years.
Multiplex Group’s construction division operates in the United Arab Emirates under the trading name, Nasa Multiplex.
Nasa Multiplex is one of the major building operators present in the United Arab Emirates, with work in hand today including 15 residential apartment towers for phases one, two and three of the Burj Residences project, as well as a 6 tower residential project on Dubai Marina.