Work has begun on Deerfields Town Square, a Dh1 billion (US$272mn) mixed-used project being developed by MBI in Abu Dhabi.
Initial groundwork has started on the 220,000 square metre site, which will eventually include homes, offices, an hotel and a wide range of retail outlets, including a Carrefour supermarket.
Architecture firm RMJM has been hired as the lead consultant, while the main contractor is expected to be appointed soon. Completion is expected in the second quarter of 2011.
"All the preliminary planning has been done and we are in the final stages of selecting a contractor who shares our work philosophy and vision for Deerfields," said Banu Tas, the general manager of Deerfields Town Square.
Earlier this year, MBI signed an MOU with Carrefour hypermarket for a 20-year lease deal. The anchor shop of the French retail giant will span 10,000-square metre area at the project.
MBI is an investment company with interests in property and construction, infrastructure, and industrial ventures.
agiuffrida@thenational.ae
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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ICC Awards for 2021
MEN
Cricketer of the Year – Shaheen Afridi (Pakistan)
T20 Cricketer of the Year – Mohammad Rizwan (Pakistan)
ODI Cricketer of the Year – Babar Azam (Pakistan)
Test Cricketer of the Year – Joe Root (England)
WOMEN
Cricketer of the Year – Smriti Mandhana (India)
ODI Cricketer of the Year – Lizelle Lee (South Africa)
T20 Cricketer of the Year – Tammy Beaumont (England)
