DCC wins main package on US $81.6 million 014 Tower

Dubai Contracting Company set to begin construction of 21-storey office building in early January

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By  Conrad Egbert Published  December 23, 2006

The main construction contract for the US $81.6 million (AED300 million) O14 Tower located on the creek side at Business Bay has been awarded to the local Dubai Contracting Company (DCC). Creekside Development Company (CDC), which is owned by Al Baraka Islamic Bank, will develop the project. Groundwork is currently underway with construction expected to commence in early January 2007. The completion date has been set for the fourth quarter of 2008. The project has not been divided into phases and will be executed in one phase. The structure will have a concrete shell that will create a lace-like façade for the 21-storey office building. Speaking to Construction Week, a spokesperson for CDC said: “The entire building will be made of glass from the inside and will have a concrete veil protecting it from the outside. It will become quite an icon after it is completed, as it is a very unusual building. The contract has been awarded to Dubai Contracting Company which is expected to start work on the project in the beginning of next month.” Designed by New York-based architects Jesse Reiser and Nanako Umomoto, the structural engineering of the tower will be completed by structural and civil designer, YAS PC. Located on Dubai creek on a shore side site, the O14 Tower will include offices, recreational facilities and retail outlets. AlBaraka Islamic Bank is based in Bahrain and has total paid-up capital of US $1 billion.

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