Damac's two main Business Bay contracts to be awarded soon

Damac Properties said that main contracts for two of its developments in Business Bay is to be awarded within the next few months.

Shoring, fencing and ground clearance on Commercial Square and Water's Edge are making good progress, the developer said.

Commercial Square is a 21-storey office tower and Water's Edge is a 20 storey commercial waterfront development at the heart of Business Bay.

Contractors Zetas have already cleared much of the site in preparation for the main construction of Commercial Square. Foundation works are now well advanced with the award for the main contract expected within the next few months. Similarly, teams from National Piling are on site at the company's Water's Edge development.

Ziad El Chaar, General Manager of Damac Properties, said the advancement of work at more Business Bay locations was further demonstration of the company's continued commitment to construction and development plans for 2010. Last year, Damac completed the structure at two of its commercial projects at Business Bay – XL Tower and Business Tower. These are due to be completed in the first half of 2010.

"As we have a number of projects already well under way at Business Bay, we are pleased to see further progress at another two of our developments,' he said.

"There is always a huge amount of preparation involved in any development, but we know that for customers it is very important to see that physical construction work is progressing on site. Teams from Zetas and National Piling are working to ensure enabling works stage is completed on time."

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.

Follow Emirates 24|7 on Google News.