Dubai Properties and Rem Koolhaas architects now partners
Dubai Properties and Rem Koolhaas architects now partners
Porsche Design plans interior of building projects
The Porsche Lizenz- und Handelsgesellschaft mbH & Co. KG (Porsche Design Group), Bietigheim-Bissingen, and Dubai Properties real estate of Dubai have signed a long-term cooperation contract involving the provision of design services by the Porsche Design Studio based in Zell am See/Austria, for future construction projects of Dubai Properties in the region of the Middle East.
The first joint project comes in the form of two buildings centrally located in the `Dubai Business Bay´ and envisages an 80-metre tall, cylindrically shaped residential building with a floor space of 30,000 square metres. In addition to apartments, underground parking and a spa area, the building will also house a variety of shops on the lobby level. The second building, a futuristic glass cube of 20 floors with a floor space of 85,000 square metres in total, will be sitting next to it and accommodate office rooms.
While Rem Koolhaas and Fernando Donis of the Office for Metropolitan Architecture (OMA) will be responsible for the design of both buildings, the Porsche Design Studio will play a consulting role for the outdoor architecture. Furthermore, the Studio will be in charge of designing public areas such as the lobby, restaurants and passenger lifts. Upon residents´ request, apartments may be equipped with furniture, lighting units and kitchens by Porsche Design. At the beginning of 2007, the German real estate agents Engel & Völkers of Hamburg will start to market both the apartments and office rooms. Both buildings are scheduled to be completed by the end of 2009.
`The two construction projects emphasise the great trust placed by the international finance community into Dubai as an innovative metropolis´, says Hashim Al Dabal, CEO of Dubai Properties. ´While the architecture and interior design of these two buildings will definitely attract a lot of attention, they will also contribute a valuable added bonus to Dubai Business Bay.´
Roland Heiler, Managing director of the Porsche Design Studio in Zell am See: ‘We are delighted to be able to work on this project with internationally acclaimed partners like Dubai Properties and Rem Koolhaas. What is more, the new buildings provide an ideal platform from which we can further expand the presence of our brand in this important region.´
About Dubai Properties
Dubai Properties LLC is one of the three major real estate development companies of Dubai and a member of the publicly-owned Dubai Holding. Among other things, the company is the building contractor in charge of the ´Jumeirah Beach Residence’ real estate project, which includes apartments, villas and hotels but also leisure facilities such as shopping centres, sport and fitness clubs, and office rooms. Furthermore, Dubai Properties developed the Business Bay area, a property of 6.4 million square metres where both residential and commercial buildings are planned.
About Porsche Design
Porsche Design is a global luxury men´s brand and is hallmarked by engineered products. Professor Ferdinand Alexander Porsche established the Porsche Design brand in 1972 and the products attract consumers with their technical innovation and represent functionality and timelessness in its purest form. Porsche Design products are sold in exclusively owned retail and franchise stores, shop-in-shops, upscale department stores, and specialty stores.
About the Porsche Design Studio
The Porsche Design Studio is located in Zell am See, Austria, and symbolises the distinctive, classic styling typical of all products of the Porsche Design Group. The Studio also works for third parties active in the fields of industrial and product styling. It is one of the most renowned design studios of Europe.
About Rem Koolhaas and OMA
Rem Koolhaas was born in Rotterdam in 1944 and is one of the most famous internationally acclaimed architects of our time. The best-known projects created by the architects´ office OMA (Office for Metropolitan Architecture), which was founded in 1975, include the Dutch Embassy in Berlin, the concert hall ‘Casa da Musica’ in Porto, and the Public Library in Seattle. On top of numerous other awards, Koolhaas received the Pritzker Award, which is generally held to be the equivalent of the Nobel Prize in architecture.
International standards in the construction industry vital to UAE’s economic growth
The implementation of international standards for quality, safety and reliability by the UAE’s booming construction industry will continue to play a key part in the country’s future economic grow weiter >>
Former Gurkha officer bids to join exclusive "three poles" club after leaving BBG mark on world’s highest peak
Adrian Hayes (third from right) talks to some of the audience after his presentation to the British Business Group including BBG Chairman Nick Dutt (second from left) and form weiter >>
The National Investor launches new results publication calendar to help investors in market short on information
Abu Dhabi-based investment firm, The National Investor (TNI), said today that tighter control over stock market listed companies in the UAE is producing improved disclosure habits, but weiter >>
Behaviorally targeted ads can generate a higher click-through rate when shown in a contextually relevant category, but are more likely to lead to a conversion when viewed out of context, according to a report from BL Labs, the research division of behaviorally targeted ad network BlueLithium.
"We set out to prove that behavioral targeting performed better than contextual, weiter >>
Members of the British Business Group and their guests meet up at the BBG’s October networking event at Seville’s in Wafi City, Dubai
The British Business Group (BBG) marked the end of summer and the start of another busy year in the Dubai business world by staging a members networking e weiter >>
Airport Show 2007 attracts record response from suppliers keen to capitalise on region¡¯s booming aviation sector
Khalifa Al Zaffin, Director Engineering, Department of Civil Aviation (DCA), Dubai talks to representatives from the Airports of Thailand company at the opening of the 2006 weiter >>
APEX is key to expansion of Etihad Airways, creation of world-class airport and establishment of major aircraft maintenance, repair hub in UAE capital
Abu Dhabi is launching a unique international procurement event as part of its master plan to establish the UAE capital as one of t weiter >>
High profile meeting takes place during the inaugural ‘UAE Trade Exhibition in Turkey’
Abdul Rahman Ghanem Al Mutaiwee, Director General of DCCI (left), discusses the strengthening trade relations between the UAE and Turkey with Turkish Prime Minister, Recep Tayyib Erdoðan (right)
Off weiter >>
Abu Dhabi-based investment firm The National Investor (TNI) has signed financial advisory and capital raising mandates with Boulder Steel Limited, an international tubular steel company based in Australia, to act as its exclusive financial advisor, lead manager, lead arranger and book runner.
TNI will seek to raise US$ 600 million of debt and equity, pending finalisation weiter >>
Free zone launches "International Registry"
H.H. Sheikh Faisal Bin Saqr Al Qassimi, Chairman of RAK FTZ (right) and Mr Oussama El Omari, CEO for RAK FTZ, welcome UAE businesses and media to the reception at the Fairmont Hotel in Dubai.
The Ras Al Khaima weiter >>
Der größte Übernahmepoker in der Stahlindustrie ist nach fast fünf Monaten beendet: Der luxemburgische Stahlkonzern Arcelor hat ein Angebot des Branchenführers Mittal akzeptiert. Damit steht einer Fusion zum größten Stahlriesen der Welt nichts mehr im Weg.
Die offizielle Bestätigung für die Einigung zur Fusion kam am Sonntagabend: Arcelor habe das neue Übernahmeangebot de weiter >>