Construction on the Dh1 billion ($272 million) i-Rise Office Tower, which is being developed by Realty Capital Middle East in Dubai’s Tecom site, has reached 16th floor.

Realty Capital is showcasing the i-Rise tower at property show Cityscape Dubai 2009, which opened today (October 5) to run until October 8 at the Dubai International Exhibition Centre.

i-Rise will be one of the  largest office towers in region, with 37 storeys of corporate and executive offices, incorporating a total built-up-area of more than 1.9 million sq ft, an extensive retail area with restaurants and luxurious boutiques, as well as ample parking for office tenants and retail customers summing up to 2,300 parking bays.

Realty Capital is working with the main contractor Al Naboodah in order to complete the project on schedule.

Strategically located at TECOM Site-C, Dubai’s technology and media free zone, i-Rise is poised to become a popular landmark due to its unique curvilinear design.

The business tower will feature a specially treated podium façade; modern executive and corporate offices; 19 high-speed elevators, dining establishments; commercial space; a fitness centre; a helipad; and a multi-storey car park. – TradeArabia News Service