Faithful+Gould wins cost consultancy deal in Abu Dhabi
ABU DHABI, August 27, 2015
Leading regional development company Gulf Related has appointed Faithful+Gould to provide cost management services for Phase One of the $1.5-billion Al Maryah Central development, located on Al Maryah Island, Abu Dhabi, UAE.
The 3.1-million-sq-ft mixed-use development will deliver a 2.3 million-sq-ft shopping centre, said a statement.
When completed in March 2018, the Al Maryah Central mall will feature the first Macy’s outside of the US, the first Bloomingdale’s in Abu Dhabi and 20 specialist Al Tayer stores as part of the 400-store strong retail offering, it said.
In addition, Al Maryah Central will include 145 restaurants and cafés, a 20-screen cinema complex, a medical centre, a crèche, a health-club, a public library, a food market as well as three rooftop parks atop the mall.
The subsequent phases of the development will include residential units as well as a hotel in two high-rise towers, said the statement.
The enabling works have been completed and the construction phase begins this month on the project, it said.
Faithful+Gould will act as the client’s cost consultant during the entire construction phase through to centre opening in 2018.
The integrated project and programme management consultancy was initially appointed to provide pre-contract cost management services on Al Maryah Central in 2013.
Donal O’Leary, director, Faithful+Gould, said: “We are very excited and proud to be supporting such an important and high-profile project. Our proven track record in the region's retail sector for ensuring our clients’ requirements are met, in respect of cost, time, quality and safety was a key factor in our appointment.
“Al Maryah Central will transform Abu Dhabi’s retail offering and is a project we are really pleased to be a part of. The mall has definitely differentiated itself ahead of its opening with the presence of the first international Macy’s department store, the first Bloomingdale’s in Abu Dhabi and a unique rooftop food hall and we have no doubt the centre will be a landmark attraction for residents and visitors alike." - TradeArabia News Service