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Fri April 16 2021

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Faithful+Gould lands cost management of $1.5bn Dubai scheme

28 Aug 15 Faithful+Gould is to manage the costs on a US$1.5bn (£970m) mixed-use development in Dubai.

Development company Gulf Related has appointed it to provide cost management services on the Al Maryah Central development on Al Maryah Island.

Phase 1 will deliver a 2.3 million square foot shopping centre, due for completion in March 2018. It will feature the first Macy’s outside of the USA, the first Bloomingdale’s in Abu Dhabi and about 400 other stores. In addition, Al Maryah Central will include 145 restaurants and cafés, a 20-screen cinema complex, a medical centre, a crèche, a health club, a public library and a food market as well as three rooftop parks. Subsequent phases of the development will include residential units and a hotel in two high rise towers.

Enabling works have been completed and the construction phase begins this month. Faithful+Gould will act as the client’s cost consultant during the entire construction phase through to centre opening in 2018. The consultancy was initially appointed to provide pre-contract cost management services in 2013.

Faithful+Gould director Donal O’Leary said: “Al Maryah Central will transform Abu Dhabi’s retail offering and is a project we are really pleased to be a part of. The mall has definitely differentiated itself ahead of its opening with the presence of the first international Macy’s department store, the first Bloomingdale’s in Abu Dhabi and a unique roof top food hall and we have no doubt the centre will be a landmark attraction for residents and visitors alike."

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