26 May 2019
Egyptian developer Arkan Palm for Real Estate Investment has awarded the detailed design contract for a 205-acre mixed-use development in Sheikh Zayed City to United States-based architecture firm Gensler.
The yet-to-be-named integrated commercial and leisure complex, would be developed in partnership with the New Urban Communities Authority (NUCA), Arkan Palm had announced in March.
The developer said in a press statement last week that Gensler would complete the detailed designs within 20 weeks and thereafter, the project would be submitted for ministerial approvals and licenses.
Arkan Palm is a joint venture owned 30 percent each by Badr Al Din Real Estate Development Company and Al Bader Investment Company and 40 percent by Palm Hills Development.
(Writing by Eman Hamed; Editing by Anoop Menon)
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