Arabian Construction Company (ACC) will build a new headquarters in Downtown Dubai for Mashreq Bank which will leave its Deira home after almost 50 years.
Construction of the 151-meter tower is set to commence in December of this year with the completion date penciled in for April 2019.
Mashreq’s new HQ, designed as an L-shaped structure, with a square top crown, will be located on the Dubai Financial Centre Road, in the Burj Khalifa District.
Chicago-based Skidmore Owings & Merrill will cover a plot area of 4,868 m2 with a total build up area of 71,292 m2.
The signing ceremony was attended by H.E. AbdulAziz Al Ghurair, CEO of Mashreq and Mr. Ghassan Merehbi, Chairman of Arabian Construction Company.
“ACC has once more had its impressive construction and development credentials recognized, by being granted this prestigious construction project,” said Merehbi.
“We are delighted to be working with one of the best-known banking industry names in the Middle East and to be able to add the Mashreq Bank Headquarters to our portfolio of noteworthy projects across the UAE.”