Kuwait Procurement News Notice - 32629


Procurement News Notice

PNN 32629
Work Detail United Real Estate Company (URC), Kuwait announced in a statement that one of its associate companies, Mena Homes Real Estate Company, has awarded a construction and maintenance contract for the Commercial District within the “Hessah” Project at Hessah AlMubarak District. The Project has been awarded to Ahmadiah Contracting and Trading Company. The value of the contract is KWD42.6-million (USD139 million) Developed by URC, Hessah AlMubarak District is a bustling epicentre for modern living in Kuwait comprising three components – Hessah Towers featuring luxury high-rises soaring to 40 storeys; the mid-rise Byout Hessah residential community and the Commercial District. Conceptualised by Nikken Sekkei, a world-renowned architecture, engineering, and planning firm headquartered in Japan, and in collaboration with Pace, a leading Kuwait-based multidisciplinary consultant, the Commercial District is designed to embrace convenience and nature, characterised by a beautiful, pedestrian-friendly landscape equipped with modern walkways, open parks, green spaces, and public plazas. It boasts a total built-up area of 145,250 sq m, of which 46,689 sq m is leasable and sellable, comprising commercial offices, medical clinics, serviced apartments, retail stores, food and beverage outlets, and an integrated community center with a supermarket, fast food and café outlets, consumer stores, and service shops. The Commercial District includes state-of-the-art, multi-level buildings, which cater to office spaces, medical clinics, and serviced apartments. These are situated on different multi-storey car-park podiums, enriched with green facades and courtyards, all designed with a sustainable environmental approach to Kuwait’s climate nature as well as culture. The stand-alone buildings located on the northern side of the development consist of an open-air shopping and dining district, set to house various international and local brands and the most sought-after restaurants and cafes. The Commercial District will be accessible through main roads and highway networks such as Arabian Gulf Road, Third Ring Road, Aden Street and Fahaheel Highway. The project will also overlook the main pedestrian boulevard at the Hessah AlMubarak District. Hessah AlMubarak District is the first-ever comprehensive, mixed-use district in Kuwait, spearheaded by Kuwait Projects Company (Holding) – Kipco, one of the largest holding companies in the Middle East and North Africa. URC is a Kipco subsidiary and the holding company’s real estate arm.
Country Kuwait , Western Asia
Industry Construction
Entry Date 22 Nov 2021
Source https://www.saudigulfprojects.com/2021/11/ahmadiah-company-awarded-139m-hessah-project-in-kuwait/

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