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Abu Dhabi / Emirates Business
Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, announced that it has awarded five construction contracts worth over AED1 billion since the beginning of 2017.
Bloom Properties selected leading construction companies to execute its projects. The developer appointed General Construction Company for the main construction works of Stella Maris, Becon Construction for Bloom Heights, Emirates Link Maltauro for FAYA at Bloom Gardens and Soho Square. Airolink has been contracted to build Bloom Education’s Brighton College UK and Dwight School New York schools in Dubai.
Sameh Muhtadi, CEO of Bloom Holding, said: “The awarding of contracts demonstrates our commitment to delivering all our announced projects on schedule. We have appointed reputed contractors and suppliers to ensure strict adherence to the highest quality standards through all stages of construction. These contracts mark a key step towards developing unique urban destinations with a sense of place that cater to the needs and desires of the community.†With most developments scheduled for completion in less than two years, work on the sites is progressing rapidly.
Among the awarded projects, Stella Maris, is a luxury waterfront development in Dubai Marina that will comprise 313 high-end residences ranging from one- to three-bedroom units, as well as four-bedroom duplex apartments and penthouses. The 52-storey development will be conveniently located within walking distance of public transportation options including Dubai Metro and Dubai Tram, providing easy access to several facilities and services in the Marina area.
Another project in progress is Bloom Heights, a mixed-use development in Dubai’s Jumeirah Village Circle (JVC) that will consist of two high-rise towers with a shared podium.