Schon Business Park set for Q2 2014 completion
Location 'ideal' for 2020 World Expo companies
Schön Properties has reported that their Schön Business Park project remains on-track for its scheduled completion by Q2 2014.
The project, which includes 398 offices and 90 retail units across 1.1m square feet in Dubai Investments Park (DIP), has reportedly gone past its 70% completion mark.
Once completed, Schön Business Park is expected to be an ideal location for countries participating in Expo 2020.
It is approximately five kilometers away from the recently opened Al Maktoum International Airport (AMIA), has easy access to three main highways - Shaikh Zayed Road, Mohammad Bin Zayed Road and Al Khail Road - and is also in close proximity to Jebel Ali Port.
The Schön Business Park project will include two basement levels, ground floor and three floors - food & retail shopping (137 outlet units) on the ground floor and shell & core offices (296 units) on the first, second and third floor.
“We are pleased to report that development of the Schön Business Park is right on track and we are confident to meet the scheduled deadline for completion in Q2, 2014.," said Firas Hassan, CEO, Schön Properties.
"We are also very happy that the UAE has won the bid to host Expo 2020 which, in turn, adds value to this project as it represents an ideal and strategic location for the companies who will be setting up shop here in line with the preparations for this truly global event.
"Schön Business Park will offer these businesses the best of both worlds - a high-class corporate atmosphere blended with the commercial presence of global brands in its food and retail shop tenants.”