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Developers: i-Rise to hit November completion date

by Elizabeth Broomhall on Jul 28, 2010

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The 36-storey, AED1billion i-Rise tower is set to be one of the largest office towers in Dubai.
The 36-storey, AED1billion i-Rise tower is set to be one of the largest office towers in Dubai.

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Developers of one of the region’s largest office towers have confirmed the project is on track for completion at the end of November this year.

Realty Capital Middle East have said that testing and commissioning of the AED 1 billion i-Rise Office tower will commence in September, following the final works on the external facade and disassembly of the tower cranes in August.

To date, all civil works are complete, utilities connections are in place and all DEWA equipment has been delivered to sit.

When finished, the 36-storey office tower, located in Dubai's Technology and Media Free Zone TECOM Site-C, will occupy a total built up area of 1.9 million square feet.

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Realty Capital’s CEO Marwan Mansour said: "As we put into place the final pieces of this landmark development, there has been a growing excitement among investors and property owners who are all eager to move in and take advantage of the world-class amenities and leverage the prestigious reputation of i-Rise as a premier business address.

“It has been a gratifying and an inspiring experience to work on this iconic project, and we are sure that our investors and tenants will appreciate our efforts to maintain the highest levels of quality in every aspect from start to finish.”

The announcements follow a turbulent two years of development, during which developers worked closely with main contractor Al Naboodah to tackle building material shortages and the global economic recession.

Earlier, Mansour commented that it was the company’s “utmost concern to keep the development on schedule and safeguard the interest of the project's stakeholders,” as well as to “sustain the high level of interest [in the tower] by proceeding with the development without any delay”, and “complete the project within the specified time frame."

Developed to be a popular Dubai landmark because of its unique curvilinear design, the office tower will feature a specially-treated podium façade, modern executive and corporate offices, 19 high-speed elevators, dining establishments, commercial space, a fitness centre and a multi-storey car park with 2,300 parking bays.




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