DMCC plans to build 'One JLT' office tower

Dubai Multi Commodities Centre (DMCC), which plans to build the world’s tallest commercial tower, on Sunday set the ball rolling for its new commercial development with the launch of One JLT, a “glass-box” style building.

"We are currently developing the DMCC Business Park and world’s tallest commercial tower to meet this expected demand to serve large regional and multinational companies as they seek to expand and access new markets. One JLT is an integral part of this strategy and will allow us to bridge the gap in the marketplace,” said Ahmed Bin Sulayem, Executive Chairman of DMCC.

“Dubai’s key position along the ‘New Silk Route’ combined with its world-class infrastructure, robust economy and sustained political stability has enabled the Emirate to become a global economic powerhouse that complements [or ranks alongside] trading hubs such as Singapore and Shanghai.”

Matthew Lomax, Director of Property at DMCC said: “One JLT’s will allow us deliver office space that none of our peers currently offer. This new development will offer companies the opportunity to house their entire teams in space-efficient, high-end commercial space in a prime Dubai location managed by a single owner. ”

One JLT will set the standard globally for efficiency. The building, which will include 12 levels and a ground floor, will offer a net leasable area (NLA) of 23,400 square metres.

The building will also offer one of the highest ratios of parking spaces to NLA in Dubai.  In order to ensure energy efficiency, the building will be designed to Gold LEED standards.

DMCC signed a two-stage contract with Brookfield Multiplex, a global contractor responsible for creating large-scale and complex landmark buildings, to design and construct the project.

This unique two-stage contract approach will allow DMCC and Brookfield Multiplex to engage in a collaborative and transparent construction process.

The Brookfield Multiplex team will be on site within the coming days to commence work.

John Ferguson, Managing Director at Brookfield Multiplex Middle East & Asia said: “It’s exciting to be part of the team delivering One JLT, and we look forward to working with DMCC and to bringing our design and construction experience to this world-class project.”
 

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