Artar Real Estate Development, the property development arm of Abdulrahman Saad Al-Rashid & Sons Company, has completed 15% of the construction work on the Mada Residences in Dubai. The AED600m ($163m) Mada Residences are being built in Downtown Dubai, where the main core of the tower has reached the fifth floor.The development will feature a total of 193 one-, two-, three- and four-bedroom units. With floor-to-ceiling glass throughout, each unit has been designed to be light, airy and roomy.Residents at Mada Residences will have access to a roof-top swimming pool, children's pool, terrace lounge, sauna and steam rooms, jacuzzi, a gym and a multi-purpose residents' lounge. Artar’s CEO Sulaiman Abdulrahman Al Rashid said: "Since the commencement of construction, the progress of Mada Residences, has been on schedule. We are in the process of pouring the concrete for the first podium floor above ground, with the main core of the tower reaching the 5th floor."Savvy buyers are recognizing the potential of this area and are confident enough to purchase multiple units with expectations of steady appreciation over the next three to five years."Our successful sales record with Mada Residences is largely attributable to our competitive prices, attractive payment plan, project location, unit layout design and the advanced construction progress."The construction progress on the site indicates that the project will be completed by July 2018.
A joint venture between San Jose Contracting and Pivot Engineering & General Contracting has won the main construction contract for Mamsha Al Saadiyat, a residential development in Abu Dhabi.The AED1.25bn (about $340m) project will be the first residential development within the Saadiyat Cultural District. It will feature nine low-rise residential buildings with a total of 461 units, 414 of which will be apartments ranging from one- to four-bedroom apartments, as well as five-bedroom duplex penthouses and 47 townhouses. Each penthouse will have a private swimming pool and terrace, as well as a modern kitchen, two living rooms and a dining room. There will be accommodation for maids and drivers as well.The gross floor area of the apartments will range from approximately 106–454 sq m, while the townhouses will range from approximately 227–315 sq m.The entire project will also include a serviced-apartment building and a retail destination offering approximately 5,000 sq m of leasable area for both retail and dining outlets.The townhouses, ranging in size from two to three bedrooms, will be located on the ground floor of each building, with some having a roof garden.Work on the development's foundation has already been completed by Nael & Bin Harmal Hydroexport (NBHH) and included excavation, shoring, dewatering and piling works.Mamsha Al Saadiyat will be developed in phases, and is expected to be complete in the second half of 2018.
Work has begun on SUNY Polytechnic Institute's new computer chip production facility for Ams AG at the Marcy Nanocenter in Utica, New York.Marcy Nanocenter has been designed to replicate the success of SUNY Poly's Nanotech Megaplex in Albany. The new facility is being built close to a campus of SUNY Polytechnic Institute in New York's Tech Valley. The initial private investment in the project is $2bn.The factory, which is being built to Ams's specifications, is initially expected to offer a capacity of at least 150,000 200mm-wafer equivalents per year, and will be able to surpass an operating capacity of 450,000 200mm-wafer equivalents per year with the expansion to follow. Production capacity will supplement Ams' existing production operations at its headquarters near Graz, Austria. The groundbreaking marks a major milestone in the governor's Nano Utica initiative, which is now projected to create at least 4,000 jobs over the next decade, and includes research and development at the Computer Chip Commercialization Center (QUAD C) in partnership with General Electric.Ams CEO Alexander Everke said: "Building this new wafer fab enables Ams to achieve its plans for growth and to meet the increasing demand for sensor solutions produced at advanced manufacturing nodes."Our decision to locate the facility in New York was motivated by the availability of a highly skilled workforce, the proximity to prestigious educational and research institutions, and the favorable business environment, backed by public and private partners.”The plant is scheduled to become operational in the first half of 2018 and Ams will operate the facility under a 20-year lease.
Pirelli is set to expand its presence in Mexico by investing $200m in a new tyre factory.
Coca-Cola Beverage has broken ground on a new $185m eco-friendly plant in Kunming City, Yunnan Province, China.The new 195,632 sq m plant is being constructed in the Majinpu New Town Industrial Base in Kunming National Hi-tech Industries Development Zone to replace an existing plant, tripling the number of bottling lines from four to 12.When completed, the plant will deliver an annual capacity of 423m unit cases of beverage with both sparkling and still products, across brands such as Coca-Cola, Sprite, Fanta, Ice Dew and Ice Dew Chunyue.The new factory will adopt green building standards regarding the site selection, building environment, water-saving and energy-saving measures, air protection, material and resource utilization, indoor environment quality and design innovation. It will also adhere to the international certification system requirement for the Silver Certification of Leadership in Energy and Environmental Design (LEED).Coca-Cola Bottling Investments Group China CEO Glen Walter said: "The new plant will become an important production base for Coca-Cola in China's southwest region."This investment will not only provide strong support to Coca-Cola's sustainable development in Yunnan, but also boost economic development locally by increasing job opportunities and enhancing collaboration."The new plant is part of the Coca-Cola's current $4bn investment plan, which began in 2015 and will continue through 2017.
The University of Canberra has signed a $1.7bn agreement with CIC Australia for the development of up to 3,300 new residences in Belconnen, Australia.The new residences will be a mix of units and townhouses, which will be constructed over a 15-20 year period.University of Canberra vice-chancellor professor Stephen Parker said: "It is great to see another stage of our 'Educated Life' vision coming to fruition."Our vision foresees that by 2030 our campus will be a leading example of how a modern world-class university transformed its physical surroundings to create an integrated learning community where scholars, students and the public intermingle."This residential development, which is part of the university's Campus Community precinct, will see a mix of students, faculty, staff, alumni and members of the general public living in a modern, progressive, sustainable, edgy community."
Long Beach city, in California, has secured funding for its $513m Civic Center P3 project.The project involves the creation of a new civic centre designed with a high seismic resiliency, an 11-storey, 270,000 sq ft city hall, an 11-storey, 237,000 sq ft port headquarters building, a two-storey 92,000 sq ft main library, a 73,000 sq ft civic plaza, and new underground parking with 469 spaces.It features a central utility plant and a three rooftop solar array system to meet 25% of energy needs of the civic centre, and a 4.9-acre revamped city park. Furthermore, plans are on for a future project featuring up to 580 homes, a retail space and up to 200 hotel rooms.Long Beach’s mayor Robert Garcia said: "We are excited to see this deal move forward and to meet the goals set by the city three years ago when it embarked on the Civic Center P3 procurement."I'd like to congratulate and thank our city council, city staff, our partners, and the Plenary led consortium that helped us to reach this important milestone."The Plenary-led consortium includes co-developer Edgemoor Infrastructure and Real Estate, Johnston Controls, Clark Construction, and Skidmore Owings & Merrill. The city's advisors include p3point, Arup, HOK, BAE Urban Economics, MBI, Sheppard Mullins, KNN and Kutak Rock.
Temple University in Philadephia has broken ground on a $170m library, the most expensive project undertaken by the university to date.The library has been designed by Snøhetta, but it is being built in collaboration with Stantec. Originally planned to be built on Broad Street, the building is now being constructed at the centre of Temple's campus, between Polett Walk and 13th Street. This 225,000sq ft library will be one of the few libraries in the world that uses the automatic search and retrieval system (ASRS), which will store 90% of the 2m books held by the university. The library is scheduled to open in the fall of 2018.
Biopharmaceutical company Shire has unveiled plans to expand its global biotechnology manufacturing capacity by investing $400m in Ireland.The investment is planned to take place over the next four years to meet the growing demand for rare disease treatments.Shire will create a new biologics manufacturing campus on a 120-acre site at Piercetown, County Meath. The facility will employ the latest bio-processing techniques and flexible production strategies to supply both clinical and commercial scale products.About 700 jobs will be created during the construction phase. When operational, the facility will create 400 permanent jobs in the areas of research and development, operations, technical staff and engineering.Shire’s senior vice president of technical operations Tim Kelly said: "The expansion supports our manufacturing strategy to develop and provide innovative specialty medicines for patients."Ireland is a strategically important location for Shire, providing both excellence in life science R&D and manufacturing. We already have a strong team on the ground in Ireland and believe that it is the right location for us to build a new state of the art facility which will complement our existing manufacturing operations in the US." The project’s construction is expected to begin in mid-2016 with the site scheduled to be operational by mid-2019.
Miral and Warner Bros have announced that the $1bn Warner Bros World Abu Dhabi theme park construction is in progress. The themed destination is being built on Yas Island, alongside the Ferrari World Abu Dhabi and Yas Waterworld, where rides are already under production. The development will also feature a Warner Bros branded hotel.The first phase of the project is slated to open in 2018 and is expected to create more than 1,000 jobs.Warner Bros Entertainment chairman and CEO Kevin Tsujihara said: "Warner Bros has been entertaining audiences for more than 90 years with the world's most-loved characters and franchises."Working with our partners at Miral, we'll bring this expertise to Yas Island, one of the world's leading entertainment destinations, to create a fully-interactive, innovative and unique experience that will allow fans of all ages to experience the most exciting aspects of Warner Bros. in a completely immersive environment."
Graham-BAM Healthcare Partnership, a joint venture between Graham Construction and BAM International, has been selected by South Eastern Health and Social Care Trust to build Ulster Hospital’s new £95m Acute Services Block in Belfast, Northern Ireland.
Al Gharbia Pipe Company (Al Gharbia) has broken ground on a steel plant in the Khalifa Industrial Zone Abu Dhabi (Kizad).
Aluminium Bahrain B.S.C. (Alba) has awarded the $3.6bn Engineering, Procurement, and Construction Management (EPCM) contract for its Line 6 Expansion Project to International Bechtel. Bechtel was the EPCM contractor for Alba’s Line 4 and 5 expansions.According to the contract, Bechtel will design and construct the sixth potline as well as aiding industrial services. When completed, Line 6 will boost Alba’s single-site aluminium smelter’s production by 540,000 tonnes per annum, taking Alba’s total production capacity to 1.5m tonnes per annum. Alba Board of Directors chairman Shaikh Daij Bin Salman Bin Daij Al Khalifa said: “The appointment of Bechtel is a step forward towards delivering the Line 6 Expansion Project, which is a significant milestone for the Kingdom of Bahrain. Alba and Bechtel have a history that spans over 25 years, and we are confident that Bechtel will deliver excellence at all times.”
BAM Deutschland, in a joint venture with Max Bögl Stiftung & Co. KG, has secured a new contract for the construction of a hospital in Frankfurt Höchst, Germany.The contract value for BAM Deutschland, the German operating company of Royal BAM Group, is over €150m.The project has been designed by Wörner Traxler Richter Architekten in Frankfurt. The six-floor hospital building will have total floor area of 79,000 sq m.It will feature 664 beds, ten operating rooms and a 'hybrid operating room', which will have specialist equipment including a CT and MRI scan. The facility will cater to 33,500 patients each year.Construction of the hospital is expected to be completed by early 2019.
RioCan Real Estate Investment Trust (RioCan), along with Embassy BOSA, has broken ground on the $500m Fifth and Third East Village project in Calgary.The 2.8-acre project site is located in the East Village area of downtown Calgary, Alberta. The mixed-use project, formerly known as CPA Lands, will include approximately 188,000 sq ft of retail space.Central to the project will be an 82,000 sq ft Loblaws City Market that will service the East Village, Bridgeland and Inglewood. Two residential towers will rise 20 floors above it, totalling 500 condos. Other tenants will include Shoppers Drug Mart and Olympia Liquor store.RioCan will own 100% of the retail portion of the site and has entered into a firm sale with the developer Embassy BOSA for the air rights above the commercial component of this development site.Embassy BOSA will be responsible developing the residential portion and will also fund their proportionate share of the infrastructure costs on a cost-to-complete basis. It had already paid the first instalment in the first quarter of 2016.Construction work on the project is anticipated to be completed in 2019.
ProMedica Toledo Hospital has broken ground on the new $300m project at Toledo, Ohio.The new building, known as Generations Tower, will replace the 86-year-old Legacy Tower on North Cove Boulevard. The 615,000 sq ft tower will house 320 patient rooms.The project design has integrated environmentally-friendly building principles, such as glass curtain walls to increase natural light, energy-conserving mechanical, electrical and plumping systems, and long-lasting terracotta masonry panels.Construction work is expected to continue through the autumn of 2017. Work will continue for two more years to install mechanical, electrical, and plumbing systems, build parking lots and provide finishing touches to the tower. The tower is expected open to patients by the end of 2019, and will create more than 1,000 construction jobs in the region.
Tyson Foods has sought approval from the Finance Committee of the Carroll County Quorum Court to build a new $136m processing facility near its existing poultry plant in Green Forest, Arkansas.The project is subject to sanction of certain tax abatements from the Carroll County Quorum Court, and sales and use tax credits from the Arkansas Economic Development Commission (AEDC).The Green Forest plant produces a variety of partially cooked chicken products for food service and retail customers. The new processing facility will increase capacity, and improve efficiency by reducing transportation of products to other locations for further processing.The 200,000 sq ft facility will be built across the street from the existing plant, with the two facilities connected by a corridor. Improvements will include new equipment and production lines, as well as processes and technology that will benefit food safety, quality and workplace safety.Construction is slated to start as early as summer of 2016 and the project should be completed in late 2017. When fully operational, the new processing plant will create about 85 jobs.Tyson Foods president of poultry Noel White said: "This project would allow us to better serve our foodservice customers through improved product mix and greater efficiencies."This is the first new plant construction project Tyson Foods has proposed to build in a number of years and we're hopeful we can partner with Carroll County and the AEDC to invest in our home state."
The CHA Hollywood Presbyterian Medical Center in Los Angeles, California has revealed details of the first phase of a $200m multi-year expansion plan.Phase I will be anchored by a new emergency department (ED), as the hospital has decided to build a completely new ED rather than renovating the existing one.The new ED will include an expansion from the current 20 beds to 26 and a more than doubling in size of the department's physical space to 26,000 sq ft, which is 11,000 sq ft at present.Phase I will also include a new 650-spot parking structure for patients, employees and visitors and a comprehensive beautification of the hospital campus. The kitchen and dietary department, which serves patients, visitors and employees, will be relocated and rebuilt as well.The ground-breaking ceremony is scheduled to take place in November 2016 and Phase I is expected to be completed by November 2017. Work on the new emergency department is slated to commence immediately with a projected completion date of autumn 2019. CHA Hollywood Presbyterian Medical Center CEO Jerry Clute said: "The upgraded facilities will provide the environment and easy access to care that the community deserves while furnishing our medical staff and other clinicians with the tools they need to deliver top-notch medical care."
UK-based construction firm Hill has begun construction on a housing project worth about £70m for army families at Tidworth in Wiltshire.Hill will deliver the project working on behalf of the Defence Infrastructure Organisation, an operating arm of the UK’s Ministry of Defence.The development will include 322 new three- and four-bedroom homes for service personnel and their families based at barracks on and around Salisbury Plain.The housing units will incorporate red bricks and traditional roof styles that feature in surrounding villages. The project will also feature five open green spaces.The project is set to be completed in spring 2018.Hill deputy chief executive Kieran Larkin said: “We are delighted to be partnering with the Ministry of Defence in what will be our largest single contract to date.“This is not only a completely new sector for us at Hill, but it’s also our first project in Wiltshire, and is a fantastic opportunity to create homes for service personnel.”
Australia-based construction firm Watpac has signed a $264m contract with Country Garden Australia to build the Ryde Garden residential project in North Ryde, Sydney.The company has been working with the China-based developer to formalise the contract after its appointment as preferred contractor in October 2015.The project will include 830 residential units with basement parking for 730 cars, 2,100 sq m of public park, roof top gardens and a communal pool, 1,100 sq m of commercial space including retail space, gymnasium and a child care centre. The main component of construction work will start in the coming weeks, with completion anticipated at the end of 2018. The project is aiming to achieve a 4-Star Green Star Design rating.Watpac managing director Martin Monro said: “Watpac is extremely pleased to be working with Country Garden Australia and acclaimed architects Bates Smart to deliver the Ryde Garden residential development at North Ryde in Sydney.“Comprising three towers of 13, 23 and 27-storeys, Ryde Garden will provide expansive open spaces including a public park set close to the North Ryde Station, offering a landscaped retreat for both residents and the local community.”