Freezone for trade and enterprise and master developer of Jumeirah Lakes Towers (JLT) in Dubai, DMCC, announced that construction works have commenced on its new premium district, Uptown Dubai.
Phase one with more than 18.5ha of LEED Gold certified development will be underway by years end.
Ahmed Bin Sulayem, executive chairman of DMCC, commented: Uptown Dubai is a world-class smart district unlike anything on the market, innovatively designed to deliver a new beat for business, and a truly urban destination for people to live, work and thrive. Two super-tall towers and a vibrant central plaza will anchor the 93ha development, creating an ultra-connected, energising district designed to meet Dubais next wave of growth. This landmark development will create over 10,000 new jobs in Dubai.
Uptown Dubai, formerly known as the Burj2020 District, will include more than 10 million sq/ft of grade A commercial and residential space, more than 200 retail and F&B outlets, approximately 3,000 residences, a central entertainment plaza, and a number of luxury hotels all offering supreme amenities for residents, workers and guests. Uptown Dubai will be anchored by two super-tall towers designed by internationally renowned architects, Adrian Smith & Gordon Gill from Chicago.
The districts main podium, 28m above ground, features a two-level central plaza that will be larger than New York Times Square, circled by world class outlets, connected to a retail mall below, all with direct access to the towers.
Uptown Dubai aims to deliver the best in smart urban living and mobility with connectivity to public transport. Uptown Dubai is conveniently located close to DMCCs Jumeirah Lakes Towers, a community of over 92,500 people, as well as major commercial projects in Dubais Southern belt such as Expo 2020 and Al Maktoum International Airport.
Uptown Dubais Residential properties, luxurious condominiums paired with robust amenities and services, will be available for off-plan sales in the first quarter of 2018. Over the next decade, the landmark development will create over 10,000 new jobs in Dubai.