Cw Tours the Site of Dubai Properties’ $272M 1/Jbr Tower, a Minimally Designed Residential Development on Track to Open in Q4 2019
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BANKING ON SUCCESS: LOM’S JOHN AVERY OUTLINES THE DESIGN PRIORITIES OF THE GULF’S BANKING SECTOR CLIENTS NEWSNEWS • ANALYSISANALYSIS • INTELLIGENCEINTELLIGENCE • PROJECTSPROJECTS • COCONTRACTSNTRACTS • TENDERSTENDERSERERRSS 5 - 11 MAY,MAY, 2018 • ISISSUESUE 698 AN ITP MEDIA GROUP PUBLICATION CONSTRUCTIONWEEKONLINE.COMCCONCOOONNSSTSTRTRTRUCUUCTCCTTIIONWEEKONLINE.COM EMAAR POSTS $453M Q1 2018 NET PROFIT >>P10 CW TOURS THE SITE OF DUBAI PROPERTIES’ $272M 1/JBR TOWER, A MINIMALLY DESIGNED RESIDENTIAL DEVELOPMENT ON TRACK TO OPEN IN Q4 2019 @ CONSTRUCTIONWEEKONLINE @ CWMIDDLEEAST @CONSTRUCTIONWEEKONLINECOM | DOWNLOAD THE CONSTRUCTION WEEK APP * +,* -,) -)* . ,,/ . ,, 0 && ! " #$ $ % ! " #$ & ' ( ) CONTENTS 5 - 11 MAY, 2018 • ISSUE 698 INTELLIGENCE 06 Luxembourg breaks ground at Expo 2020 FINANCE 10 Emaar’s Q1 net profit increases by 37% ROUND UP 12 Dubai unveils hyperloop cargo network CAREERS 19 28 Managing manpower during Ramadan SITE VISIT 1/JBR The consultant and architect of Dubai Properties’ 1/JBR explains why minimalism is harder than it seems, as construction on the $272.2m tower achieves 40% completion 22 EDITOR’S COMMENT 14 CW’s 2018 Power 100 list is your chance to stand out from the crowd @ JAYDAWT @ CWMIDDLEEAST ANALYSIS For daily updates REALITY CHECK Q1 rental prices in Dubai displayed stability for the first time in more than two years, but and subscriptions, log on to industry experts are calling for cautious optimism despite the improved conditions constructionweekonline.com GUEST COMMENT 23 Dimitri Papakonstantinou says MEP contractors are facing a challenge due to a lack of retrofit opportunities PROJECT UPDATE 38 A review of CW’s most recent site visits, including Sharjah Waterfront City and Omniyat’s One Palm 34 EVENTS CALENDAR 42 TOWER PROJECTS Get up to speed on all of the LOFTY AMBITIONS construction industry events taking Regional real estate developers appear to be in extremely good form, with a number of place in 2018, from awards evenings skyscraper projects under construction in the UAE, as well as Saudi Arabia and Kuwait to trade shows, and conferences WWW.CONSTRUCTIONWEEKONLINE.COM 5 - 11 MAY, 2018 CONSTRUCTION WEEK 3 PO Box 500024, Dubai, United Arab Emirates TEL +971 4 444 3000 WEB: www.itp.com Offices in Abu Dhabi, Dubai, London & Mumbai ITP MEDIA GROUP CEO Ali Akawi MANAGING DIRECTOR Alex Reeve GROUP PUBLISHING DIRECTOR Ian Stokes WHEREWHERE TTHEHE CCONSTRUCTIONONSTRUCTION INDINDUSTRY’SUSTRY’S GROUP EDITORIAL DIRECTOR Greg Wilson LLEADERSEADERS ANDAND SENIORSENIOR DDECISIONECISION MMAKERSAKERS MEET EDITORIAL CW EDITOR [email protected] CW DEPUTY EDITOR [email protected] CW REPORTER [email protected] ONLINE EDITOR [email protected] SUB-EDITOR [email protected] FM EDITOR [email protected] MEP EDITOR [email protected] DEBATE. 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PRODUCTION MANAGER Basel Al Kassem PRODUCTION CO-ORDINATOR Mahendra Pawar SENIOR IMAGE EDITOR Emmalyn Robles IMAGE EDITOR Ismail Aboobacker CIRCULATION HEAD OF CIRCULATION Vanessa D'Souza CIRCULATION EXECUTIVE Loreta Regencia MARKETING DIRECTOR OF AWARDS & MARKETING Daniel Fewtrell EVENTS MANAGER, BUSINESS EVENTS Sophie McHugh ITP GROUP CEO Ali Akawi CFO Toby Jay Spencer-Davies WEB www.ConstructionWeekOnline.com SUBSCRIBE online at www.itp.com/subscriptions NOTICE The publishers regret that they cannot accept liability for errors or omissions contained in this publication, however caused. The opinions and views contained in this publication are not necessarily those of the publishers. Readers are advised to seek specialist advice before acting on information contained in this publication, which is provided for general use and may not be appropriate for the readers’ particular WILL YOU BE THERE? circumstances. The ownership of trademarks is acknowledged. No part of this publication or any part of the contents thereof may be reproduced, stored in a retrieval system, or transmitted in any form without the permission of the publishers in writing. WEDNESDAY 12th SEPTEMBER 2018 An exemption is hereby granted for extracts used for the purpose of fair review. JUMEIRAH EMIRATES TOWERS, DUBAI FOR MORE INFORMATION: WWW.CONSTRUCTIONWEEKONLINE.COM/CONFERENCES MEDIA PUBLISHED BY AND © 2018 ITP MEDIA GROUP FZ-LLC. 4 CONSTRUCTION WEEK 5 - 11 MAY, 2018 WWW.CONSTRUCTIONWEEKONLINE.COM INTELLIGENCE Luxembourg broke ground on its national pavilion for Expo 2020 Dubai on 30 April, becoming the Ȍ rst foreign nation to do so out of the 180 participating countries. Project of note: Luxembourg first foreign country to break ground on Expo 2020 pavilion uxembourg has become the first foreign The theme, ‘Resourceful Luxembourg’, is nation out of the 180 participating said to reflect the country’s aim to “cement Lcountries to break ground on its Expo its status as a smart nation that connects the 2020 Dubai pavilion. human, natural, technical, industrial, and The European nation’s deputy Prime financial resources it needs to shape its future”. Minister, Etienne Schneider, oversaw an The design and architecture of the pavilion official ground-breaking ceremony at the will focus on issues related to resources expo site on 30 April.Luxembourg was the by relying on the principles of the circular first country to sign an official participation economy and interconnection. The design contract for the expo in October 2017. was chosen following an open tender process, The spiral-shaped Luxembourg Pavilion durign which teams of architects, engineers, will be located in the event’s Opportunity and scenographers were asked to provide a District, and will feature an exhibition holistic view of Luxembourg embedded in space, a multipurpose area, a restaurant, a the chosen theme. The tender process ended shop, administrative offices, and technical in April 2017, and architect Metaform was facilities. Last year, the theme and location of appointed to design the pavilion. Luxembourg’s pavilion was approved by Expo Prime Minister Schneider said that the 2020 Dubai organisers. pavilion would provide an opportunity for 6 CONSTRUCTION WEEK 5 - 11 MAY, 2018 WWW.CONSTRUCTIONWEEKONLINE.COM INTELLIGENCE For up-to-the-minute tenders log on to constructionweekonline.com 438HA TOP TENDERS THE SIZE OF THE SITE OF Repair and maintenance of EXPO 2020, THE FIRST lifts in water pumping plants WORLD EXPO TO BE and chlorine plants HELD IN THE REGION Country: Kuwait Closes: May 6, 2018 Category: Buildings Luxembourg to promote Dubai, all showcasing the best Issuer: Kuwait’s Ministry of the values that the country of their national potential and Electricity and Water stands for, which he said innovation,” he said. Maintenance works on the gates, monuments, and included innovation and “For the first time, each fountains installed at various sustainable development. country will have their own locations in the governorate “It will have a design that pavilion at a World Expo.” of Muscat Country: Oman will appeal to all ages and Last month, the UK Closes: May 6, 2018 interests, and we hope it will announced that it had Category: Buildings be a major attraction for the extended the deadline for Issuer: Muscat Municipality millions of people attending the design tender of its Expo Completion of the theatre in the cultural centre in Dariyah Expo 2020,” he added. 2020 pavilion from 24 April Country: Saudi Arabia Executive director of to 30 April. Closes: May 6, 2018 Expo 2020 Dubai Bureau, According to a listing by Category: Buildings Issuer: Municipality of Dariyah Najeeb Mohammed Al-Ali, the UK’s Department of Improvement, beautiȌ cation, congratulated Luxembourg on International Trade, the and development of entrances being the first nation to reach tendered services cover the and yards what he callen an important architectural, construction, Country: Saudi Arabia landmark in the country’s engineering, and inspection Closes: May 6, 2018 Category: Infrastructure Expo 2020 Dubai journey. categories. The contract is Issuer: Municipality of Dariyah “Expo 2020 will bring the estimated to start on 1 October Asphalting and paving of countries of the world to the of this year and conclude on roads, in addition to lighting works, in Hajra [438ha] Expo 2020 site in approximately 30 April, 2021. Country: Saudi Arabia Closes: May 6, 2018 Category: Infrastructure Issuer: Secretariat of Baha at Nakheel to develop $160m resort at Deira Islands the Municipality of Hajra Road and yards construction Nakheel has announced reputable hospitality for the University of Kuwait plans to develop a $160m brands and concepts (AED587.7m) resort at to Dubai as part of our Country: Saudi Arabia Closes: May 6, 2018 Deira Islands in Dubai. commitment to supporting Category: Infrastructure The developer will the government in realising Issuer: University of Kuwait team