Dubai Multi Commodities Centre (DMCC), a leading free zone for trade and enterprise and master developer of Jumeirah Lakes Towers (JLT) in Dubai, said work has started on its new premium district, Uptown Dubai (formerly known as the Burj2020 District), which on completion will become world-class smart district for people to live, work and thrive.

Uptown Dubai will include more than 10 million sq ft of grade A commercial and residential space, more than 200 retail and F&B (food and beverages) outlets besides 3,000 residences, a unique central entertainment plaza, and a number of luxury hotels all offering supreme amenities for residents, workers and guests.

Uptown Dubai will be anchored by two iconic super-tall towers designed by internationally renowned architects Adrian Smith & Gordon Gill from Chicago, said the statement from DMCC.

The project's first phase comprising more than 2 million sq ft of Leed Gold certified development will get under way by year’s end.

Once completed, the new ‘Hotspot’ of Dubai will offer a 24/7 live-work-thrive experience for residents and businesses, said a top official.

"Uptown Dubai is a world-class smart district unlike anything on the market, innovatively designed to deliver a new beat for business, and a truly urban destination for people to live, work and thrive," remarked Ahmed Bin Sulayem, the executive chairman of DMCC.

"Two super-tall towers and a vibrant central plaza will anchor the 10 million sq/ft development, creating an ultra-connected, energising district designed to meet Dubai’s next wave of growth. This landmark development will create over 10,000 new jobs in Dubai," he stated.

The district’s main podium, 28 m above ground, features a two-level central plaza that will be larger than New York Times Square, circled by world class outlets, connected to a retail mall below, all with direct access to the iconic towers, said Bin Sulayem.

Although Uptown Dubai is set to become a destination of choice for the global business community, its masterplan by WATG, one of the world’s leading destination creation consultancies, equally sets out to create a vibrant destination for millennials and families seeking dynamic shopping and dining experiences, as well as entertainment and cultural events, he added.

According to him, Uptown Dubai aims to deliver the best in smart urban living and mobility with connectivity to public transport.

The project is conveniently located close to DMCC’s Jumeirah Lakes Towers, a community of over 92,500 people, as well as major commercial projects in Dubai’s Southern belt such as Expo 2020 and Al Maktoum International Airport, said the top official.

Uptown Dubai’s residential properties, luxurious condominiums paired with robust amenities and services, will be available for off-plan sales in the first quarter of 2018, revealed Bin Sulayem.

Over the next decade, the landmark development will create over 10,000 new jobs in Dubai, he added.-TradeArabia News Service