External facade contract worth US$ 53.3 mn awarded for Lamar Towers project in Jeddah
Posted on 6th May 2015
Lamar Investment and Real Estate Development and its contractor Drake & Scull have awarded a US$ 53.3 million (SR 200 million) contract to complete the external facades at Jeddah's Lamar Towers to UAE-based Technical Glass and Aluminium Company.
Drake & Scull added that it has been making "sigificant progress" on the twin-towered scheme, for which it won a US$ 453 million (SR 1.725 billion) contract in May 2013, according to news reports on Construction Week Online.com.
The project involves a pair of high-rise towers of 322 meters and 293 meters respectively, linked by a 13-floor curved podium. The 322m tower will have 57 storeys and the 293 meters tower will have 49 storeys. It will sit on a 34,800 square meters plot on Jeddah Corniche.
The project was first announced in 2007 but halted in 2009.
Drake & Scull said concrete works on nearly 65 of the combined floors was complete and that over 24,000 cubic meters of concrete and 6,500 tons of steel have been used.
The facade work will start in the second half of 2015, with landscaping work beginning in early 2016. The project had an initial completion date of 2011 but suffered from a series of delays. When Drake & Scull was appointed in 2013, a completion target of end-2015 was set.
Bakr R. Nazer, CEO of Lamar Investment & Real Estate Development Company, said: "The Lamar Towers construction is progressing and the project is rapidly realising the architectural vision that inspired and motivated us to embark on this iconic venture. Our association with Drake & Scull has been a pioneering success and the fusion of the two companies’ synergies has delivered significant results on this remarkable project.
"Reaching the stage of awarding the curtain wall construction is a tremendous achievement for both companies and marks the transition into the next exciting phase of the march towards the completion of construction activities on the two towers.
Drake & Scull CEO Khaldoun Tabari said: “As a co-developer and the general contractor on this project, the Lamar Towers Project is a vital showcase of our technical construction and engineering prowess.
"The project has inspired us with some unique remarkable challenges which have been met by our skilled teams and personnel with equally innovative solutions to ensure the progress on the towers has remained on track."
Hisham Hassan, managing partner of Technical Glass and Aluminium Company, said: “The Lamar Towers contract is a significant project win for the company and a major highlight in our history."Back to all Construction News
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