ACC gets Pentominium construction contractby Sarah Blackman on Sep 7, 2009
Arabian Construction Company (ACC) has been awarded the contract to build the world’s tallest residential tower – the Pentominium in Dubai Marina.
Trident International Holdings awarded the US$400 million (AED1.46 billion) contract, which covers the construction of 170,000m2 of built up area in exactly two years.
The 124-storey Pentominium – to be based in Dubai Marina – will be one of the world's tallest man-made structures and is projected to be the second-tallest building in the world after Burj Dubai.
"With a strong pedigree of iconic projects under its belt, ACC boasts solid expertise in high-rises, with structures such as Elite Residence, Almas Tower, Rose Tower and The Westin Hotel. ACC came across as the natural winner and choice," said Trident International Holdings executive director and CEO Wazir Daredia.
"Pentominium is a unique project that escalates the concept of luxury living to new heights and with construction major ACC on board, the project has joined a bouquet of brand partnerships we have forged for the development.”
The Pentominium will be the tallest all-residential building in the world upon completion and it currently has the highest projected height of any residential building under construction, according to Aedas, the project designers.
- First project on Dubai Canal to open April 2017
- Siemens' new system to boost Qatar Steel output
- Smart Buildability Index introduced in the UAE
- UAE: Cityland to build mall with botanical garden
- HLG awarded $136m Gate Avenue contract
- BAM receives Estidama rating for Al Ain stadium
- Kuwait's Tamdeen Group leases 70% of Al Kout Mall
- UAE: Phase 2 of MBR Solar Park over 50% complete
- UPDATE: Dubai Canal flooded as part of test run
- AVK signs master supplier agreement with KAEC