Phase two construction of D3 to start in 2015
Design and planning of second phase of Dubai Design District has begun
Construction of phase two of Dubai Design District (D3) is expected to start in 2015, according to Amina Al Rustamani, group CEO of Tecom Investments, the developer behind the new fashion hub.
Design and planning of the second phase has already started, Al Rustamani told Gulf News. She did not comment on when the phase is likely to be completed, except to say that “more details on this will be shared in due course".
The Dubai Design District, announced last year by His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, is being built next to Business Bay so that it is close to Emaar's Dubai mall, which is the world's biggest fashion mall by gross floor area, and will be a hub for established and emerging fashion designers.
The first phase, which is expected to cost $1bn (Dh4bn), includes 10 buildings and is likely to be completed by January 2015.
“These buildings are well-advanced, progressing well,” Al Rustamani said.
“In terms of hard infrastructure, during the early part of 2014 we will deliver our first milestone, which will provide an experiential reference for the overall vision of Dubai Design District,” she said.
"The main thrust of the project-related work in 2014 will be completing the 10 buildings that make up the 'core' of D3."
Al Rustamani revealed Tecom has started accepting space bookings for various types of use including creative offices, ateliers and workshops. She added that the project has attracted interest from international players as well as those from the GCC (Gulf Cooperation Council) countries.
“We have already begun licensing companies and they will operate from one of Tecom’s other free zone business parks until the D3 site is ready for move-in,” she said.
Meanwhile, the Dubai Design and Fashion Council will be in operation by the end of the first quarter of 2014, she said.
Sheikh Mohammad issued a decree to set up the council in 2013 in a move to support talent and promote creativity in Dubai. It reflects the emphasis the Emirate is placing on the design and fashion sector as it aims to diversify the economy and boost talent.
Tecom, meanwhile, is preparing to move D3’s operational and commercial headquarters to the site this year, according to Al Rustamani.