The Mall of the World shopping complex in Dubai has been relocated to a site on Sheikh Mohammad Bin Zayed Road, according to developer Dubai Holding’s statement. In the new location, the company said, “the project’s positive tourism contribution can be fully realized”.Ahmad Bin Byat, vice chairman and managing director of Dubai Holding, said: “Tourism remains a major part of Dubai’s diversification strategy and Mall of the World will be a critical part of that vision. “Dubai Holding is committed to developing Mall of the World, a major retail and leisure destination in the region, and believes that the new location on Sheikh Mohammad bin Zayed Road, will be an outstanding home for the project, as it will allow Dubai Holding to further expand as needed in the future according to market needs.”The shopping and leisure complex will now undergo extensive planning to become a major retail and leisure destination, according to the statement.The project’s — first announced in 2012 and initially planned to be located on a site in Mohammed bin Rashid City — first phase is expected to be complete before Dubai hosts the Expo 2020 exhibition.Mall of the World includes 745,000sq m of shopping space connected to a theme park, 100 hotels, and apartment buildings with 20,000 rooms.
Abu Dhabi-based developer Aldar Properties has awarded Fibrex the main contractor package to deliver its Shams Meera residential development in Shams Abu Dhabi on Reem Island.The AED258M ($70M) project will be located a short walking distance from the planned Shams Park, the Shams Marina and the East Shams public beach amenities. The scope of the contract will include the construction of two 25-storey towers. The towers, featuring 400 apartments, will share an underground basement car park, swimming pools, a children's play area and a garden. The development will also include canal walks, parks, a public beach, community mosques, schools and hospitals, healthcare facilities, and retail outlets.Aldar Properties’ CEO HE Mohamed Khalifa Al Mubarak said: "From day one the response to Shams Meera has been really encouraging, showing us that there is significant demand for high quality mid-market homes in Abu Dhabi's prime destinations."Shams Meera, located adjacent to Abu Dhabi's thriving CBD will offer an enriched community living experience, and we look forward to the development's completion and the positive impact it will have on Shams Abu Dhabi and surrounding area."
Environmental remediation work has started on a new $340M mixed-use redevelopment project in midtown St. Louis, Missouri.The City Foundry Saint Louis at Cortex, the new name of the former Federal Mogul Foundry property, is being designed and developed by Lawrence Group.Phase one of the project will involve the creation of 4,500sq m of restaurant and food hall space, 11,500sq m of office space in the City Foundry building complex, 12,000sq m of retail space that will be home to up to 45 retailers, and a 511-car parking garage.The first phase, expected to open in 2018, will also include the creation of amenities such as public plaza spaces, bike share, electric recharge stations and dedicated ride sharing drop-off.Later phases of the project will include the construction of a 279-unit residential tower, 25,000sq m of office, as well as 1,500sq m of retail space.The project will involve significant reuse of the historic structures, and will be funded by Eagle Bank.According to Lawrence Group, Bull Moose Industries has become a major investment partner in the redevelopment.Bull Moose’s CEO Michael Blatz said: “This new investment by Lord Paul represents our continued confidence in St. Louis as well as our belief in the exciting vision laid out by Steve Smith for the City Foundry development.”
US-based logistics and shipping company UPS has announced a $310M project to expand its Centennial Ground hub in Louisville, Kentucky.The expansion will almost triple the size of the company’s facility to 78,000sq m. The move comes in response to increased e-commerce and traditional retail package volume.According to UPS, the project will nearly double its current sorting capacity to 85,000 packages per hour and add additional sorting automation equipment. Lou Rivieccio, president of UPS Ohio Valley District, said: “We are excited to have construction underway. This project is a win for everyone involved. It will benefit our customers, generate jobs, and enhance economic development in Louisville and the surrounding region.“Centennial offers UPS customers the advantage of being at the centre of the world’s largest package delivery company. It is one of UPS’ most important facilities.”The project will be delivered in three phases and is expected to continue through 2020. It will create 300 full and part-time jobs in the region.
Balfour Beatty has won a $196M contract from Property Group Partners to build the North Block phase of its Capitol Crossing development in Washington, D.C.The North Block phase will involve the construction of two 12-storey, mixed-use office buildings to be connected by a glass bridge.It will include 6,500sq m of retail space in addition to 1,100 parking spaces and 440 bicycle spaces.Leon Blondin, president of Balfour Beatty’s Mid-Atlantic division, said: “We’re honored to be their construction partner in building this truly historic development in the downtown core that will reconnect long-divided Capitol Hill to the East End. “Having already managed the preconstruction, utility relocation and platform construction phases, it’s very gratifying to continue our work to take this project vertical and deliver its first two mixed-use buildings.” Work will first commence on the building located at 200 Massachusetts Avenue, followed by the second building at 250 Massachusetts Avenue. The project will create 350 construction jobs.The 204,000sq m Capitol Crossing development, expected to become the first Eco-District in the city, will comprise 5 mixed-use buildings sprawling over a seven-acre site.
Australian construction firm Lendlease has secured an AED960M ($261.3M) contract from Dubai-based developer Damac to build the Aykon London One tower at Nine Elms, London.The development will feature 450 new homes, office and retail space, and amenity space across two interlinking towers.It will also include a roof garden, a children’s play area, an indoor swimming pool, a jacuzzi, advanced gymnasium, a residents’ lounge, and 922sq m of communal gardens. The entire project is estimated to cost AED3.1bn.Damac Group chairman Hussain Sajwani said: “Aykon London One is a landmark project and our first major international development outside of the Middle East. “We have great confidence in the London marketplace and this project is already proving to be highly desirable to customers and investors from within the UK as well as other parts of the world.”Lendlease Europe managing director of construction Neil Martin said: “We are excited that Damac Group has chosen Lendlease to deliver its flagship project in the UK.“Our strategy of taking a selective approach to bidding is paying off, and is allowing us to focus on prestigious projects such as this one. We are looking forward to building a strong relationship with the Damac team.”The 50-storey scheme has been designed by Kohn Pedersen Fox Associates, with interiors done by Versace Home.
UAE-based retailer Lulu Group is set to invest in a shopping mall, hotel and international convention centre in Thiruvananthapuram, the capital city of Indian state Kerala.The $300M four-storey development will be spread over 19 acres, with a built up area of over 186,000sq m, including a 150-room luxury hotel. Once completed it will be the second biggest shopping mall in India after the LuLu mall in Kochi (pictured) — also owned and managed by Lulu Group, and which was designed by WS Atkins and constructed by Shapoorji Pallonji.The new project — designed by UK’s Design International — will include several fashion and retail brands, an amusement centre, a nine-screen multiplex, a food court with a capacity of 3,500 guests, restaurants, and coffee shops. It will also include parking space for 3,000 cars.The mall is expected to open in 2019.
Plans for the £500m Edinburgh Marina development at Granton, a district of the Scottish capital city, have secured the go-ahead from the City of Edinburgh Council’s development management committee.
Construction of the Wheeling Town Center mixed-use development in Illinois is set to start by the end of the year.
Australian construction firm Brookfield Multiplex has completed construction work on a residential building in Southbank, Melbourne.The $124M project, named Platinum Tower, includes 438 apartments available in one-, two-, three- and four-bedroom options.The development, designed by Squillace, features a swimming pool, a sauna, a spa, a gym, private dining, winter gardens and a sky lounge with views of Melbourne CBD, Albert Park and Port Phillip Bay.The tower’s podium includes retail space, a ground level restaurant and café and concierge facilities for residents. It also provides nine levels of car parking.Brookfield Multiplex Victoria regional managing director Graham Cottam said: “We are delighted to deliver another premium residential tower to Melbourne’s skyline. We have drawn on our specialist expertise to meet construction challenges associated with delivering high-rise towers in the busy CBD environment.”The project created 1,900 jobs during construction and was completed in just under two years.
Extell Development Company has partnered with SMI USA to develop a $3bn residential and commercial project in midtown Manhattan.The 1,550ft-high Central Park Tower — to be located at 225 West 57th Street — is expected to be the tallest residential building in the Western Hemisphere when completed.The project was designed by Adrian Smith + Gordon Gill Architecture — which designed the world’s tallest building, the Burj Khalifa in Dubai — and is set to house fashion retailer Nordstrom’s first New York store.Gary Barnett, founder and CEO of Extell Development Company, said: “This strategic alliance with SMI brings together two international industry leaders with a track record of creating iconic global skyscrapers. SMI has developed the tallest building in Shanghai and we look forward to our partnership as we jointly develop the tallest building in New York City.“We believe the superb location, views, design and quality of Central Park Tower will make it the most important residential building ever to be built in New York City and expect it to be a great success for Extell and SMI.”The project is scheduled for completion in 2019.
Developer Nakheel has released construction tenders for two new hotels in Dubai.The two, 3-star hotels will add a total of 670 rooms to the company’s hospitality portfolio.A 295-room hotel will be built in a 17,000sq m site at Dragon City — a shopping, residential and leisure destination — and will feature a restaurant, coffee shop and gym.The 15-storey, 375-room hotel, to be built at Ibn Battuta Mall, will include an all-day restaurant, gym and pool deck.The buildings are set to complement existing hotels at the two retail hubs, where major expansions will continue. The Dragon City expansion includes 204,000sq m of retail space, two residential towers containing 1,120 apartments and a car park facility with 6,200 spaces. Once completed, it will increase the size of the city to more than 1M sq m.The 400,000sq m expansion of Ibn Battuta features a 93,000sq m mall, a new cinema complex and a 7,000–space car park.
UAE-based developer Nakheel has awarded an AED1.5bn ($408.3M) contract to Dhabi Contracting for the construction of its Al Khail Avenue retail, dining and entertainment hub in Dubai.The 186,000sq m Al Khail Avenue has more than 112,000sq m of leasable space, 70% of which is already booked. It will feature cafes and restaurants, and a 4,000-space multi-storey car park, which can be accessed directly from Al Khail Road.The developer it is also adding a 252-room hotel to the complex. The 18-storey hotel will feature an all-day restaurant, coffee shop, lounge, outdoor terrace, pool deck gymnasium and car park. It will be directly connected to Al Khail Avenue and its 350 shops, restaurants and entertainment outlets. Earthworks at the site — alongside Dubai’s Al Khail Road on the edge of the Jumeirah Village Triangle (JVT) community — finished in June 2016 and construction work is scheduled to commence in October 2016. The development is expected to be complete in the first quarter of 2019.
Hong Kong-based property developer Far East Consortium International (FEC) has received a contract from Manchester Place and The Co-op for a housing development near Victoria Station in Manchester, UK. The project will include the construction of over 600 homes across four sites at Angel Meadow Park as part of the NOMA neighbourhood.NOMA — being delivered by a partnership between The Co-Operative Group and Hermes Investment Management — is a 20-acre neighbourhood in Manchester city centre, which will include new homes, offices, hotels, and retail and leisure space. The housing units, spanning across a total area of about 9,600sq m, will be for sale and rent, and will feature a landmark tower.FEC’s managing director Chris Hoong said: "This is one of the most exciting residential opportunities not just in Manchester but in the UK. We are very honoured and excited to be working with NOMA and the City Council. “We have assembled a team with the skills to deliver a new neighbourhood of international calibre and we would like this to be the start of a long relationship with the city.”Manchester Place CEO Paul Beardmore said: "This is an important site that will help to unlock the potential of the Irk Valley and Collyhurst. We are delighted to have reached this stage and the scale of the investment conveys a strong message of confidence to the market."
Emaar Properties has unveiled new residential towers in the Opera District in Downtown Dubai.The “Act One | Act Two” residences are housed in 52- and 46-storey towers with views of the Burj Khalifa and Mohammed bin Rashid Boulevard, and located close to the Dubai Mall. The towers will feature 718 residential units as well as retail units and cafes, a health club, a spa and swimming pools.Emaar Properties’ managing director Ahmad Al Matrooshi said: “Act One | Act Two are truly a defining destination of choice for all culturally inclined as they now have the unique value proposition of living right next door to Dubai Opera.“A premium development that celebrates the vibrant cultural lifestyle of the city, the residences bring a one-of-a-kind lifestyle choice to the city.“The international launch of the project underlines the strong demand from discerning investors who cherish the inspired way of life that Act One | Act Two brings.”The residential towers will be launched internationally on a sales event in London on Wednesday, 10 August, at Harrods, followed by the Dubai launch on Thursday, 11 August, at Emaar Sales Centres.
Brookfield Multiplex has been selected as the managing contractor for a $428.3M museum project in Western Australia.The New Museum, designed by architects OMA and Hassell, will be almost four times bigger than the now-closed Western Australia Museum, which it will replace. It will feature nearly 7,000sq m of galleries, including 1,000sq m of space to stage blockbuster exhibitions.It will also feature education studios, viewing areas to see scientists and curators at work, retail space and food and beverage outlets.Premier Colin Barnett said: "The concept cannot fail to impress. It is bold and distinctive, from the vast public plaza to spacious galleries that overlook the CBD and link with important heritage buildings."West Australians will share in a once in a lifetime opportunity to create a vibrant new cultural home in the heart of Perth, and to change the way people from around the world engage with the State and our unique stories."The project will create up to 3,300 jobs, with about 1,800 workers to be employed on-site during the construction phase.Early works are expected to start in late 2016, with main construction commencing in 2017. The museum is due to open in 2020.
Construction firm Al Futtaim Carillion has been selected as the preferred tenderer for the construction of the $1bn Reem Mall project in Abu Dhabi.The project, developed by NREC in partnership with UPAC, will deliver 186,000sq m of leasable area. It will feature about 450 stores, including 85 food and beverage outlets and a range of family-focused entertainment offerings. Reem Mall is set to discuss the contract details with Al Futtaim Carillion exclusively, with the aim of finalising an agreement for the mall’s construction.Abu Dhabi-based Dutch Foundation is currently carrying out the enabling works, which involves excavation, lateral restraint systems, and dewatering. Reem Mall’s chief operating officer Shane Eldstrom said: “The announcement marks yet another milestone for Reem Mall and comes on the back of final permission to construct received from Abu Dhabi Municipality earlier this month.“Al Futtaim Carillion was selected as the preferred tenderer due to its strong track record of delivering significant high quality projects in the region, and its team of construction experts. We look forward to successfully completing the tendering process.”Al Futtaim Carillion’s managing director Andrew Ridley-Barker said: “Al Futtaim Carillion prides itself on delivering some of the most notable projects in the region. We hope to have the process concluded shortly and deliver this important retail project to the people of Abu Dhabi.”
US-based home improvement retailer Lowe's Companies has unveiled plans to develop a new $100M direct fulfilment centre in Robertson County, Tennessee.The 102,000sq m centre will ship parcels directly to Lowe’s customers and stores nationwide.Lowe’s chief supply chain officer Brent Kirby said: “We’re continually working to make doing business with Lowe’s easier for customers.“Investing to build a new fulfilment centre — the first of its kind for Lowe’s — allows us to offer customers more products online, consolidate multiple parcel shipments and ship purchases directly to customers faster and more efficiently.“The Nashville area was chosen due to its existing large shipping hubs, access to interstate roadways and well-skilled workforce.”Scheduled to be operational by the third quarter of 2018, the facility will initially employ about 400 people, reaching 600 by 2022.
American football team Minnesota Vikings has selected the development team for its new Eagan practice facility and headquarters in Minnesota, US.The team includes Crawford Architects, which will provide design services, and Kraus-Anderson Construction Company, which will act as the construction manager of the project.The new team headquarters will feature outdoor and indoor practice fields, a 6,000-seat stadium, team meeting rooms and auditorium, a broadcast studio and media centre, and administrative offices for staff.The facility represents the first phase in an overall 200-acre planned development, which is expected to include offices, retail, residential and hospitality units and a conference centre.Vikings’ executive vice president and CFO Steve Poppen said: “We are thrilled to once again engage in a large project with a Minnesota-based construction company such as Kraus-Anderson, as they have a tremendous body of work and strong reputation within the community.“Both Crawford Architects and Kraus-Anderson have long-standing relationships with the Vikings and together give us complete confidence in designing and building this project on time for a March 2018 opening.”The project is scheduled to break ground in early August 2016. Construction work on the first phase is expected to be completed in about 20 months.
Dubai-based healthcare provider Thumbay Group has announced the construction of 6 hospitals and 12 clinics in the UAE and beyond. The healthcare facilities, part of Thumbay’s AED1.2bn ($326M) expansion plan, will be located in the UAE, Qatar, Egypt and India, as well as in other countries. The group’s healthcare and retail division vice president Akbar Moideen Thumbay has said that the group expects to build 420 new medical facilities — including hospitals, medical universities, clinics and pharmacies — over the next four years. The number of staff is also expected to increase from the current 4,000 employees to around 15,000 by 2021.