The project will comprise 2.85 million sf of gross built-up space. It will encompass residential condominiums, apartments, a hotel, retail and office space. The project broke ground in mid-December 2005 and is expected to be completed by year end 2008. The structures include a 64-story residential, hotel and serviced apartment tower and a 14-story office and retail tower.
"This project advances DIFC's goal to become a world-class financial center," Raouf S. Ghali, president of Hill's International Project Management Group, says in a prepared statement. He calls the project "an ambitious assignment" for his company.
Hill International, headed by chairman and CEO Irvin E. Richter, has more than 900 employees in 25 offices worldwide. The company previously announced it will be completing a merger this year with New York-based Arpeggio Acquisition Corp.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.