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Thursday, 05 Nov 2009
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High profile Dubai project facing delay - Report
Thursday, 05 Nov 2009

Arabian Business reported that a high profile Dubai residential project, dubbed one of the world's most high tech is unlikely to be completed on schedule.

The architect who designed the tower said that the Pad is a 24 storey tower being built by Omniyat Properties in the emirate’s Business Bay development. It will house 231 intelligent apartments boasting state of the art technology covering everything from communications and entertainment to monitoring residents’ body health.

However, its designer has told Arabian Business that he believes the development is running behind schedule.

Mr James Law chairman and founder of James Law Cybertecture International said that “The project hasn’t stopped but it is continuing at a much slower pace. It was due to be completed 2010 and there will probably be some delay on that now. The developer, just like any other developer has had to face the pressures of the recession.”

He added that “There’s always a chance but in my opinion I think there will be a longer timeline.”

An Omniyat spokesman said that “We are geared towards completing the project in 14 months. However, the exact delivery date will depend on the outcome of discussions with Injaz to determine when infrastructure and power will be available.

He added that “Once a date is finalized, we will realign our delivery timeline in accordance to the master developer’s plans.”

(Sourced from Arabianbusiness.com)

 

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