Offshoring business operations to captive centres has proven to be a cost-effective and efficient strategy
realty1 hour ago
Abu Dhabi-based developer Imkan announced at Cityscape the appointment of Ramboll, a global engineering, design and environmental consultancy firm, as lead consultant for the first phase of the Dh2 billion 'Makers District' development.
The Dh120 million contract marks the official launch of Makers District, an 18-hectare masterplan development on Reem Island, Abu Dhabi.
Ramboll will provide lead consultancy services on the first phase of Makers District, working alongside international architects, BIG and MVRDV. With over 1,000 residential units, 11,000 square metres of commercial and retail space, the scheme is scheduled for completion in 2020. The first units will go on sale by the end of 2017.
Design of the 'The Artery', the first building to be launched in Makers District, was awarded to BIG, an architectural design firm based out of Copenhagen and New York, in April 2017.
Walid El Hindi, CEO of Imkan, said: "Makers District is the first development of its kind in the region. We conducted extensive research on the needs and aspirations of young, highly networked and creative workers who currently have a limited choice in where they live and work."
Makers District is the inaugural development for Imkan, which has multi-billion dirham development portfolio spanning four continents.
- issacjohn@khaleejtimes.com
Offshoring business operations to captive centres has proven to be a cost-effective and efficient strategy
realty1 hour ago
Tourism minister Ahmed Al Khateeb says all the kingdom's projects are far away from the conflict
mena1 hour ago
A wave of exceptionally hot weather has blasted the region over the past week, sending the mercury as high as 45 degrees Celsius
asia1 hour ago
This was following a Reuters report that some senior US officials did not find Israel's assurances credible
world1 hour ago
Chinese Premier Li Qiang promises to Musk that the country will always be open to foreign firms
auto2 hours ago
Prevailing market trends, investment opportunities and growth strategies instilling confidence in stakeholders navigating Dubai's dynamic landscape
realty2 hours ago
Both parties must be taxable; or become taxable as a result of the transfer
business2 hours ago
Israel's foreign minister says Rafah incursion could be suspended should a deal emerge to release the hostages
mena2 hours ago