Competition heats up for Trump Tower
Japan's Taisei is among firms chasing contract to build Nakheel development on Palm Jumeirah.
Japan's Taisei Corporation is among the companies chasing the contract to build Nakheel's Trump Tower on The Palm Jumeirah.
According to a spokesperson at the Trump Tower development team, progress is being made with the shortlist, and a main contractor is expected to be appointed in November.
Arabian Forasol Foundations started enabling works on the 61-storey structure, which will form the centrepiece of the Golden Mile on the Palm Jumeirah, in August.
Consultant Halcrow is undertaking the third party structural review of the project, while Leslie Robertson of US-based engineering consultancy, LERA, is conducting a peer review of the project.
The project has been designed by Atkins, while BBGM has been appointed to complete the interiors of both the hotel and the apartments.
The development, which has an estimated cost of $600 million (AED2.2 billion) will be made up of a 378-room five-star hotel and 397 residential apartments.
The building has vertically mounted solar panels to generate energy as well as pipes running through the external skin of the building, which heat water.
Taisei also built the 1.4km Palm Vehicular Tunnel, a $122.5 million undersea tunnel that will connect the tip of the Palm Jumeirah's trunk to the crescent.
The company is also building the $111 million Arabian Ranches interchange.