Nakheel awards Db375m construction contract to GTCC for The Pointe project

Nakheel expects GTCC, a subsidiary of Drake and Scull to mobilise before the end of this month.

The Dh800-million, 136,000-sq-m retail and entertainment complex will be located at the tip of the Palm Jumeirah, opposite Atlantis, The Palm, and is due for completion in 2016.

The project includes a diverse range of shopping, dining and entertainment facilities, including a spectacular fountain display.

The Pointe will be accessible via The Palm Monorail system, which will soon be connected to the mainland tram system, while water taxis will shuttle visitors across the bay from nearby hotels directly to The Pointe's marina.

The Pointe is one of several new Nakheel developments underway at the Palm Jumeirah. Other projects include Nakheel Mall and Hotel. The Boardwalk and Palm West Beach.

 

Source: Property WeeklyPW

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