Emaar to award tender for new commercial development at Jeddah Gate shortly
Posted on 22nd July 2014
Saudi developer Emaar Middle East, will shortly award the tender to construct a dedicated commercial precinct at its flagship mixed-use Jeddah Gate development in Jeddah's downtown area, according to news reports on Construction Week Online. Emaar Square is the dedicated commercial precinct in Jeddah Gate and blends luxurious lifestyle amenities with a modern business environment.
The three dedicated office buildings of five floors each, which make up the Emaar Square commercial development, are set around Crescent Plaza, a lifestyle destination with luxury retail outlets and an array of F&B choices. Additional retail and F&B are available on the lower levels of the three Emaar Square buildings. At the heart of the Plaza is a water feature with the Emaar Square offices opening to views of the fountain.
Managing director Fadi Shaher El Borno said: “We have received bids and we are in the process of analysing those bids and hopefully a decision to be made very soon,” he said. “We want construction to start as soon as possible, we are always very conscious about time. We hopefully expect to have a good response from multi-nationals and well-known business families that wish to have regional headquarters in Jeddah. Hopefully it will be launched for sale to investors or business owners in due course,” he said.Back to all Construction News
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