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Home / NEWS / Kuwaiti designers named to work on Mazaya Downtown

Kuwaiti designers named to work on Mazaya Downtown

by Neha Bhatia on Nov 10, 2017


Mazaya Downtown is a Gensler-designed project in Al Sharq [image: mazayaholding.com].
Mazaya Downtown is a Gensler-designed project in Al Sharq [image: mazayaholding.com].

RELATED ARTICLES: Kuwait-owned Al Mazaya posts $23m net profit in Q3 2017 | Revenues for Al Mazaya Holding grow nearly 26% in 2017 | Al Mazaya buys commercial tower in Saudi Arabia

Kuwaiti design specialist, PACE, has been picked to provide final design and architectural licensing services for a project being developed by Al Mazaya Holding. 

Located in Al Sharq area, the Mazaya Downtown project's initial concept design was completed by Gensler, an international design and consulting firm. 

A listing on Al Mazaya Holding's website showed that the project's plot spans an area of 2,903m2.

READ: Kuwait-owned Al Mazaya posts $23m net profit in Q3 2017

PACE's scope of works for the project included the arrangement of construction licenses from state departments. 

Al Mazaya Holding revealed these details as part of its financial disclosures for the third quarter of 2017.

The developer's rental revenues amounted to $18.5m (KWD5.60m) in Q3 2017, 3.26% higher than rental revenues worth $18m (KWD5.42m) in Q3 2016. 

As part of these documents, Al Mazaya Holding also revealed that it has been pre-qualified with five companies for a labour camp project in South Jahra. 

Kuwait Authority for Partnership Projects (KAPP) signed a contract between with a group of companies from the private sector, in collaboration with the Kuwait Municipality.

These firms would provide special advisory for the South Al-Jahra Labour City project, which had an area exceeding 10ha, with a capacity for 20, 000 workers.

The duration of the project was estimated to be 40 years, of which three years would be earmarked for design and construction. 

Al Mazaya revealed that the project would be delivered according to the build-operate-transfer model. 



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