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16 April 2024

Park Towers at DIFC by 2010

The Park Towers are being developed by Damac Properties. (SUPPLIED)

By Staff Writer

Construction work on the Park Towers at DIFC is rising by a floor every week and will be complete by 2010, property developer Damac has announced.

Contractors Shapoorji Pallonji are currently completing a floor every six days – and are making good progress, said Peter Riddoch, CEO, Damac Properties.

The progress at Park Towers according to him is now typical of the emphasis being placed on delivery by Damac Properties.

"We are working hard with our contractors to ensure they understand how important it is for us to move forward in a positive direction together, said Riddoch. "In these times of market uncertainty we feel that there is no better way to demonstrate our commitment to our customers than by achieving the level of progress seen at Park Towers. This sends out a strong signal to customers that it is business as usual," said Riddoch. The North Tower has reached the fifth floor and the South Tower is at level three. The seven podium levels have already been completed.