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NCC is set to exit the stone materials and asphalt business as its focus shifts to core contracting operations across the Nordics.
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Designed by Woods Bagot, the 33-storey scheme will provide 156 homes, including 18 affordable apartments.
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Scheduled for completion in 2028, BAY360 will add shops, dining, wellness and public spaces to the JLT waterfront.
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The project will extend three platforms, modernise signalling and tracks, and allow for more frequent, reliable rail services.
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The rail link is expected to carry 16 million tonnes of phosphate and potash annually and cut transport costs by $40m.
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