April 1, 2008

Blue City Proceeds as Planned Al Medina Al Zarqa

blue_city_oman_04.jpgBlue City Company 1 SAOC yesterday announced that the much anticipated next sales release of Al Madina A’Zarqa (formerly Blue City) will take place in the next three months. Recent back room deals have meant a restructuring of the project, but it seems the development is now back on track. Following on the heels of the rapid sell out of the previous sales launches, the next release will include some of the most unique and prestigious properties in the Gulf, including Foster + Partners designed sea view residences and a selection of golf course villas.

Al Madina A’Zarqa is the most significant metropolitan development in Oman - a unique 32 square kilometre project. It will create an entirely new city of more than 200,000 people and represents an estimated $15 - $20 billion total investment. The project is already attracting direct foreign investment through its international partnerships; greatly contributing to the development of the country. Globally renowned Foster + Partners is bringing this international excellence to Oman as the designers of the master plan. Gerard Evenden, Senior Partner, Foster + Partners commented: "It is the first time we have been engaged in Oman and we were immediately inspired by the country and its authenticity.

"We are committed to contributing to the development of Oman as an international destination while showcasing the heritage of the country through this master plan and the contemporary interpretation of the original Omani architecture." The design by Foster + Partners includes buildings developed with all modern amenities but with original architectural features, such as the use of low-rise buildings. The first phase is one of the most vital components of the entire project due to its value and the unique key tourism related elements it encompasses.

It represents a substantial project in its own right, but is also intended to fit as a component of the overall development. It will accommodate 27,000 residents, as well as local, regional and international visitors and is primarily a residential and tourism development with leisure and retail components. Anees Issa al Zadjali, Chairman of the board at Blue City Company 1, commented: "The design of the project is currently well under way and on schedule; the first residential units will commence delivery in 2010 and Phase 1 will be completed by end 2012.

On the site, construction progress is clearly visible and the contractor has completed construction of 85 per cent of the temporary site facilities. This includes a compound that will house a 7,000-strong labour force, 500 staff, auxiliary facilities such as batching plans, a reinforcement yard, a pre-cast yard, warehouses and site offices, as well as social and welfare facilities. Ground improvement works are set to commence during the course of next month, on track with the project schedule."

Muscatconfidential

made an interesting post about the legal wrangling between AAJ and Cyclone, back in December last year.

 

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