Showing posts with label tecom. Show all posts
Showing posts with label tecom. Show all posts

Wednesday, May 26, 2010

The One Tower on track to become Sheikh Zayed Road’s latest major landmark




The One Tower on track to become Sheikh Zayed Road’s latest major landmark

Construction completed on 22nd floor of only commercial building to connect to TECOM C metro station


May 24, 2010

Al Yasat Holdings LLC, one of the region’s leading real estate developers, has announced that it has finished work on the 22nd floor of the 47-storey The One Tower commercial project at TECOM C on Sheikh Zayed Road.

Once completed, the tower will feature more than 380,000 square feet of executive offices, a business center, more than 16,000 square feet of showroom space, restaurants, a health club and a penthouse. The project has been designed to provide unobstructed 360-degree views of Dubai Media City and its prominent developments. It will be the only commercial building to be connected to the TECOM C Metro Station, via a footbridge linking the tower’s podium 1 to the rail terminal, which incidentally also makes it the only building in Dubai to be directly connected to a metro station.

Lead contractor Al Shafar General Contracting Co. currently has 900 staff working on The One Tower, which was designed by Dewan Architects and Engineers, an architectural design consultancy with 25 years of expertise in the UAE market.

“We are keen to accelerate the development of The One Tower as one of the key projects within TECOM C, the extension of Dubai Media City. So far we are on schedule to deliver this iconic structure and further raise the bar for office developments in Dubai. The tower reflects our prioritization of strategically-located property developments,” said Mr. Rashid Mohammed Almazroui , Chairman, Al Yasat Holdings.

Facilities and amenities of The One Tower include outdoor swimming pool, café/juice bar, specialty restaurants on the seventh floor, banking hall, recreation area, state-of-the-art health club with sauna, steam and fitness equipment, security surveillance cameras and reception desk with round the clock security.

The One Tower is one of the key developments under Al Yasat Holdings’ portfolio of commercial and residential projects in Abu Dhabi and Dubai.

Monday, February 16, 2009

Realty Capital’s i-Rise project on schedule as 2010 completion date draws near




Realty Capital’s i-Rise project on schedule as 2010 completion date draws near


February 17, 2009

Realty Capital has announced that construction on its centerpiece i-Rise business tower project remains on schedule and will finish on time for the tower’s announced mid-2010 completion date. The casting of the tower’s 4th podium floor slab is underway and will be completed within a week, while works for the 5th podium level are already in progress. Mechanical, electrical and plumbing installations as well as block-works are also ongoing at the basement and podium levels.

The 1.8 million sq ft development will become one of the largest office towers in the region upon its completion.

“We take pride in handling one of the most awaited projects in Dubai, which has been able to proceed despite today’s challenging business conditions. We assure our clients and partners that work on i-Rise is going smoothly and that we shall continue to anticipate and effectively manage all potential challenges,” said Marwan Mansour, CEO, Realty Capital.

Strategically located at TECOM Site-C, Dubai’s Technology and Media Free Zone, the AED 1 billion, 37-storey i-Rise is poised to become a popular landmark due to its unique curvilinear design. The business tower will feature a specially treated podium façade; modern executive and corporate offices; 19 high-speed elevators, dining establishments; commercial space; a fitness centre; a helipad; and a multi-storey car park.
 
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