HLG Contracting has sealed a AED 401mn ($109mn) contract for the construction of a three tower project in Dubai.
The deal to build Al Garhoud Towers close to Dubai International Airport was awarded by developer Hasabi Real Estate, according to a stock exchange filing by Australias CIMIC Group which has a 45 percent in HLG Contracting.
HLG will be responsible for the construction of three buildings (conjoined through a mezzanine floor), comprising 100 serviced apartments in one building, a 350-room 3-star hotel in a second building, and a 250-room 4-star hotel in a third building.
The project will also house a reception and lounge area, food and beverage outlets, and other communal amenities.
Three basement levels will house car parking, back-of-house facilities, and mechanical, electrical and plumbing facilities.
Construction will commence in January 2017 and is scheduled for completion in the second quarter of 2018.