Dubai South hands out AED 1bn ($270mn) contracts
Dubai South has handed out contracts worth AED1bn ($272mn) for work on projects near the site of Expo 2020.
Parsons Corporation and Atkins Global are among the industry leading companies to win infrastructure and design contracts mostly related to residential developments in the area.
Studio International Architects, Al Nasr, Tristar Engineering & Construction and the US-based RNL Design were also awarded deals, according to a statement.
Dubai South’s Residential District includes schools, nurseries, hospitals, retail outlets, F&B options, a post office, swimming academy and a sports centre.
The city will have around 10,000 residential units between villas, townhouses and apartments by 2020, housing an estimated 35,000 residents.
The overall infrastructure development of the Residential District will be completed in phases. Work is already well underway by Al Nasr on the first section of the Residential District’s infrastructure, which will be completed by the fourth quarter of 2016. Al Nasr also clinched the deal to build the infrastructure in Dubai South’s Logistics District as well.
Tristar Engineering & Construction has been awarded the infrastructure construction for the remaining areas of phase one, with this phase scheduled to be completed by Q4, 2017. This will pave the way for over 40 developers to expedite their developments in Dubai South’s Residential District.
Atkins Global, Studio International Architects and RNL Design are contracted to oversee the masterplan and product design for the mixed-use development within the Residential District, which includes apartments, townhouses, schools, community facilities, entertainment, retail and hospitality.
Parsons and Kele Constructions will build the first phase of Sakany Staff Village, accommodating 20,000 residents by 2020.
UAE-based City Diamond Contracting was awarded a contract to build a multipurpose aerospace supply chain facility in Dubai South’s Aviation District.
Details of the project and other developments will be unveiled at Cityscape Global 2016, to be held in Dubai in September. Property sales are expected to begin in October 2016.