Arada awards $99.9mn contract for student housing complex at Aljada
Intermass Engineering and Contracting Company, a Sharjah-based contractor, has been appointed to build the 12 five-storey apartment blocks at Nest
Arada, the Sharjah-based developer, has announced the award of a contract to build ‘Nest’ an integrated student housing complex based at its Sharjah megaproject, Aljada.
The $99.9 million contract was won by Intermass Engineering and Contracting Company, a Sharjah-based contractor with more than 40 years of experience in the regional construction industry, a statement from Arada said.
It added that the contractor has previously worked on earlier phases at Aljada and at Nasma Residences, Arada’s first project.
Work on the 12 five-storey apartment blocks at Nest will begin immediately, and the first units will be handed over in the second quarter of 2022, the developer said.
Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Arada, said: “The Nest community fits perfectly with Sharjah’s mission to provide a progressive and all-round educational experience for students from the UAE and around the world.
“We have an ambitious programme at this transformational community during the course of 2021 and look forward to delivering an exceptional experience for a new generation of students in Sharjah.”
Spread over a 388,000 square foot area, the Nest masterplan has been designed with internal courtyards and spaces that provide meeting spaces for residents. Each block contains a selection of studios and two-, four-, five- and eight-bed dormitories, alongside laundry rooms, shared TV rooms and study areas.
Nest’s facilities include an art studio, a music hall, a library, a state-of-the-art running track that surrounds the complex, an amphitheatre, and a central dining hall, while tenants will also be provided with access to male- and female-only swimming pools, gyms, and study areas.
