04 June 2006
Dubai: Dubai-based Credo Investments will build The Prism, a Dh500 million project at Business Bay, Dubai's new business district.
Construction of the 35-storey structure, to be built on 66,000 square feet with views of the lake adjoining the complex, will start by the end of the year and the offices will be ready for occupation in late 2008.
The project, which is strategically located at the entrance of the Business Bay with direct access to the city's arterial Shaikh Zayed Road, is the second commercial property being developed by Credo.
"After the overwhelming success of our first project Le Solarium at Dubai Silicon Oasis, the next logical step was Business Bay which is going to become the region's finest business capital," said Sajjad Rashid, president of Credo Investments.
The Prism, which comes under the free hold property category, incorporates a wide range of modern-day features from technologically advanced Energy and Environment Systems, Biometric Fingerprint Verification for enhanced security to WiFi Hotspots, integrated structured cabling for voice and data over Ethernet and smart lighting conforming to 'green' environment standards.
The 10,000 square foot lobby is fitted with 'mood lighting', which blends harmoniously with the elegant ambience.
The European-style Food Walk is a stretch of restaurants and cafes ideal for relaxation as it offers serene views of the lake and its lush surroundings.
The Prism's design incorporates the state-of-the-art telecommunications and video conferencing facilities making corporate life as simple and convenient as possible.
Apart from these, the executives can also enjoy the Prism's state of the art fitness gym, swimming pool and other recreational facilities. The Prism has a parking facility for over 1,000 cars spread over three basements and four podiums.
"Even before announcing the project, investors around the world have shown immense interest in the project," said Mohammad Dewji, CEO of Credo Investments.
By Staff Reporter
Gulf News 2006. All rights reserved.
