Construction and infrastructure works contract goes to Joannou and Paraskevaides
Eagle Hills Abu Dhabi has awarded the construction and infrastructure works contract for the 63,677 sq.m. site of The Address Fujairah Resort and Spa to Joannou and Paraskevaides (J&P), according to UAE state news agency WAM.
The Abu Dhabi-based private real estate investment and development company made the announcement during an official signing ceremony that marked the groundbreaking of the hotel and residential development in Fujairah.
The Address Fujairah Resort and Spa is scheduled to be complete by 2019, and will comprise 196 rooms with a range of five-star amenities and four residential buildings that include 172 branded apartments, five beach villas and five garden villas. The development also features a 500-metre promenade, beach access and a unique plaza.
Since the project was revealed in April 2016, Eagle Hills has completed the grading and marine works at the site, WAM reported.
Low Ping, CEO of Eagle Hills, said: “Today, we are a major step closer to bringing quintessential living to this unique part of the UAE, which is set to become the beating heart of Fujairah. We are pleased to appoint J&P given their strong reputation and portfolio. With the ground and marine works complete and a huge level of demand coming from investors, this project is well on track for its 2019 completion and this announcement demonstrates our commitment to the world-class levels of construction we will deliver for The Address Fujairah Resort and Spa.”