Trident set to construct fourth tower at Marina

Sources close to the company said that plans have been developed for a fourth residential project that could soon be announced.

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By  Sean Cronin Published  June 11, 2005

UAE-based real estate developer Trident International Holdings is close to announcing plans for a fourth luxury residential tower at Dubai Marina. The company this week also cemented its strategic alliance with consultant Parsons Brinckerhoff for project management services. Sources close to the company said that plans had been developed for a fourth residential development that could soon be announced. The company is already developing three luxury residential projects at Dubai Marina in the form of the Waterfront, Marinascape and the 22-storey Bayside residence — its latest project on the site, which sold out within days of its launch. Now the developer has entered into a strategic alliance with Parsons Brinckerhoff to project manage all of the company’s waterfront developments at Dubai Marina. Under the deal, Parsons Brinckerhoff will operate from Trident’s office and will support Trident in the project management of its waterfront developments at Dubai Marina. Parsons Brinckerhoff country manager, Amer Khan, said: “It is something we have done before. When we get involved in project management assignments, it does allow greater interaction, especially when you have an integrated team.” “Our association with the company will further diversify and add value to our consultancy portfolio in the region.” Parsons will also lead Trident’s in-house project team. Trident chief executive, Wazir Ali Daredia, said: “We are confident that Parsons Brinckerhoff’s rich global expertise in project planning and management, coupled with Trident’s innovative concepts, will help create a superior value offering for our clients.” Located on the edge of the man-made marina, which serves as the nucleus of the Dubai Marina community, Trident’s developments will comprise of condominiums, penthouses and villa complexes. Parsons Brinckerhoff is also currently involved in providing project management services to Nakheel on its Palm Jumeirah project in Dubai.

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