Final concrete pour expected this month; contractors making good progress with construction and finishing
Luxury lifestyle provider DAMAC Properties, has announced that its iconic DIFC twin tower development Park Towers will reach the top floor this month.
The dual tower project will ultimately top out at 46 floors and this will mark the end of the main concrete structural elements of the building. Meanwhile external glass and aluminium cladding continues at pace to give the building its exterior of intricate blue double glazed triangular panels set in aluminium framing.
Contractors Shapoorji Pallonji have been working at a rate of completing one floor every five days and Park Towers is now clearly visible to all who approach the DIFC area its twin towers giving it an eye catching and distinctive appearance among the high rise skyline.
Park Towers is DAMAC Properties only project at the rapidly expanding financial centre of Dubai. Thanks to its glazed finish, each apartment will offer stunning uninterrupted views of the growing and maturing DIFC landscape.
Commenting on the progress General Manager of DAMAC Properties Mr Ziad El Chaar congratulated the teams working on site.
To reach the top floor of the building marks a significant stage in the entire construction and development process and this is due to a huge team effort by all involved on site, he said.
We will now be working hard to continue with the progress on the exterior finishing of the building while the MEP works and interior designs and specifications are finalised.
Cladding at Park Towers is being carried out by Arabian Aluminium who are currently also carrying out the finishing touches to the cladding at the Burj Dubai.
In addition to offering freehold residential units for both UAE nationals and expatriates, Park Towers will feature three levels of distinctive retail, seven levels of state of the art offices. In addition it will have excellent connectivity with direct pedestrian access to the DIFC retail spine and financial centre and is within easy walking distance of the Metro stations - the main one of which has already started serving the area.
There will also be a number of hotel type services which will be available for residents including a restaurant and individual post boxes. A residents health club with tennis court, saunas, steam rooms, swimming pool, gym and crche will also be on site along with a childrens playground and designated barbeque area within the landscaped gardens.
Mr El Chaar added: Park Towers will be a truly stunning building when it is finished and is one of DAMAC Properties flagship projects. It will offer people a chance to live and work in one of the most sought after business and financial areas in Dubai and yet give them a stunning stylish home with stunning views and fantastic leisure facilities.
We are delighted to see it reaching this critical stage and look forward to continued progress as we head towards our anticipated completion next year.
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About DAMAC Properties
DAMAC Properties, part of DAMAC Holdings was established in 2002, as a private residential, leisure and commercial developer in Dubai and the Middle East. Since then, DAMAC Properties has expanded rapidly into North Africa, Jordan, Lebanon, Qatar and Saudi Arabia.
2008 and 2009 are labelled the Years of Construction at DAMAC Properties, during which it aggressively focused on construction and contract delivery to trusted and quality contractors. DAMAC Properties have already delivered more than 3029 units into the market with projects at IMPZ (The Crescent), TECOM (Executive Heights), JLT (Lake View and Lake Terrace) and the Marina (The Waves and Marina Terrace) already been delivered and is expected to hand over approximately a further 7,100 units in 2009/10 across the GCC region.
In 2008 more than 18million man hours were worked across DAMAC Properties major sites and in keeping with this schedule are committed to having delivered 25 towers by the end of 2011.
The company has a diverse range of expertise that allows them to have a good oversight and management of all aspects of a project right from the acquisition of land, appointment of architects and designers, construction and sales to after sales service.
The companys projects are located in the most desirable and exclusive locations and homes are built to a high quality specification that has become synonymous with the group. DAMAC Properties aims to develop projects that include residential, commercial and leisure facilities that will create an integrated community.
In addition to support services provided by the Dubai headquarters, the companys comprehensive Customer Care Program provides solutions through its vast network with offices in the UAE, Jordan, Lebanon, UK, Egypt, KSA and Qatar.
For further information, please refer to www.damacproperties.com
For more information please contact:
Niall McLoughlin
Senior Vice President - Corporate Communications
DAMAC
Tel: +971 4 04 3732190
Fax: 00 9714 3732335
Mobile +971 50 6531824
Email: niall.mcloughlin@damacgroup.com
Press Release 2009
