A ceremony was held earlier this week in Abu Dhabi to mark the commencement of piling work on the emirates major Central Market redevelopment project, whose value is estimated to be in the billions of dirhams.
The anticipated redeveloped Central Market is located in the heart of Abu Dhabi's Commercial Business District, being developed by Aldar Properties, according to Khaleej Times. The piling’s first cut marks the beginning of the creation of the structure that will ultimately form the substructure for the Central Market project.
The new development will be constructed over the next three and a half years with completion scheduled for 2010. It is expected to ease the high demand for office space, premier residential apartments, international hotels and high-end retail space within the city. The development also includes a modern Arabian Souq.
The construction contract for the market’s piling work is a joint venture between local contractor Middle East Foundation Group and Kuwait based Mushrif Contracting.
“The Central Market site offers real challenges as the foundations are more than 20 meters below ground level to allow for the provision of adequate parking facilities," explained Youseef Abou Haka, Area Manager representing Mushrif National Construction and Middle East Foundation Group joint venture (JV).
The redeveloped market will provide residents and visitors to the area with a one stop entertainment, leisure and retail destination, incorporating gardens and piazzas as well as three impressive towers.