A contract worth AED1.45bn ($395m) has been signed by Habtoor Leighton Group (HLG) with a Dubai International Real Estate (DIRE) to deliver Package 8 of its Jewel of the Creek mixed-use project in Port Saeed, Dubai.
The company was appointed to construct and complete the substructure works for four basement levels and ground floor slabs on the waterside site between Al Maktoum Bridge, Baniyas Road and the Floating Bridge.
The work is related to the construction of five buildings ranging between 15 and 19 floors, featuring a hotel and serviced apartments, a ballroom and an attached café; a marina, including four foot bridges and one vehicular bridge; and hard and soft landscaping works.
Completion of the package has commenced and is anticipated to complete by third quarter of 2017.
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