Tecom Investments, a diversified conglomerate and a member of government-owned Dubai Holding, is set to deliver an extra 2 million sq ft of office space by the end of the year, said a report.

Tecom is the free zone authority responsible for Dubai Media City and Dubai Internet City zones.

Most of the space will be offered within the city’s new creative hub, Dubai Design District (d3), which sits on the opposite side of Al Khail Road to the Downtown Dubai district, reported The National.

A total of 11 new buildings will open at d3 before the end of the year, alongside three new buildings at International Media Production Zone, it stated.

The new 1.8-million-sq-ft Innovation Hub building based within Dubai Media City is set to open by the first quarter of 2017 while the Creative Community building within d3 – aimed at providing local designers and artists with galleries and studios – will be completed in 2018, said the report.

It has been designed by UK-based architecture company Foster + Partners.

Tecom Investments also revealed plans to rebrand to Tecom Group, which it said reflects its broader range of activities.

“Our upcoming developments will be fully-fledged communities with the objective of enabling business growth and championing creativity and innovation, and our new brand symbolises our diversified portfolio of projects,” stated Tecom Group chief executive Dr Amina Al Rustamani.

Apart from overseeing 10 free-zone communities and 11 business parks, Tecom has forayed into residential development through its Villa Lantana project in Al Barsha South.

Besides, the group also has its own media organisation, Arab Media Group which operates the Arabian Radio Network, events company Done Events and the Global Village tourism project.