Printer Friendly

Nakheel awards $102mn The Pointe construction contract to GTCC.

Summary: Drake and Scull International subsidiary expected to begin construction before end of February

Construction work on The Pointe on Palm Jumeirah is expected to begin before the end of February.

Heart of Europe project begins on Nakheel's The World islands | Nakheel evaluates construction bids for The Pointe project |Nakheel releases 500 plots at Al Furjan

Nakheel, the Dubai-based real estate developer, has awarded a contract worth $102 million to Gulf Technical Construction Company (GTCC) to build The Pointe at Palm Jumeirah.

The developer said that it expects GTCC -- a subsidiary of Drake & Scull International -- to mobilise before the end of February.

The Pointe -- Nakheel's $217.8 million, 136,000sqm retail and entertainment complex -- will be located at the tip of Palm Jumeirah, opposite Atlantis, and is due for completion in 2016.

The project includes a diverse range of shopping, dining and entertainment facilities, including a spectacular fountain display.

The Pointe will be accessible via The Palm Monorail system, which will soon be connected to the mainland tram system, while water taxis will shuttle visitors across the bay from nearby hotels directly to The Pointe's marina.

The Pointe is one of several new Nakheel developments underway at Palm Jumeirah. Others include Nakheel Mall and Hotel, The Boardwalk and Palm West Beach.

Copyright notice Corporate Publishing International. All rights reserved. Provided by , an company

COPYRIGHT 2014 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2014 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Big Project Middle East
Date:Feb 5, 2014
Previous Article:DSI wins $87.4mn MEP contract for King Saud University.
Next Article:First assembled steel arch for Midfield Terminal Building raised.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters