Faithful+Gould Win Cost Contract in Abu Dhabi

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Faithful+Gould Win Cost Contract in Abu Dhabi

Leading regional development company Gulf Related has appointed Faithful+Gould to provide cost management services for Phase 1 of the $1.5 billion mixed-use development, Al Maryah Central development located on Al Maryah Island, Abu Dhabi.

Phase 1 of Al Maryah Central, the 3.1 million square foot mixed-use development, will deliver a 2.3 million square foot shopping centre. When completed in March 2018, the Al Maryah Central mall will feature the first Macy’s outside of the United States, the first Bloomingdale’s in Abu Dhabi and 20 specialist Al Tayer stores as part of the 400 store strong retail offering. In addition, Al Maryah Central will include 145 restaurants and cafés, a 20-screen cinema complex, a medical centre, a crèche, a health-club, a public library, a food market as well as three rooftop parks atop the mall. Subsequent phases of the development will include residential units as well as a hotel in two high rise towers.

Enabling works have been completed and the construction phase begins this month on the project. Faithful+Gould will act as the client’s cost consultant during the entire construction phase through to centre opening in 2018. The integrated project and programme management consultancy, was initially appointed to provide pre contract cost management services on Al Maryah Central in 2013.

Donal O’Leary, Faithful+Gould director, said, “We are very excited and proud to be supporting such an important and high profile project. Our proven track record in the region’s retail sector for ensuring our clients’ requirements are met, in respect of cost, time, quality and safety was a key factor in our appointment.”

Al Maryah Central will transform Abu Dhabi’s retail offering and is a project we are really pleased to be a part of. The mall has definitely differentiated itself ahead of its opening with the presence of the first international Macy’s department store, the first Bloomingdale’s in Abu Dhabi and a unique roof top food hall and we have no doubt the centre will be a landmark attraction for residents and visitors alike,” added O’Leary.

Faithful+Gould has a reputation for successfully delivering high profile projects in the lifestyle sector in the Middle East. Completed projects include Al Zahia Mall in Sharjah, the Ritz Carlton Dubai, Yas Island Marina Hotel, Yas Waterworld Abu Dhabi, Jumeirah Beach Resort Dubai, Kempinski Hotels & Residences in Oman, KSA and Muscat and Qurum City Centre redevelopments in Oman and Jumeirah Lakes Towers in Dubai. Current high profile lifestyle projects include Doha Oasis Qatar, The Royal Atlantis in Dubai, Reem Mall Abu Dhabi and City Walk Development Dubai.

About Faithful+Gould
Faithful+Gould, a subsidiary of the Atkins group, provides integrated Project Management, Programme Management and Cost Management Consulting services throughout the Middle East across the property, transport and industry sectors. Active in the Middle East for over 18 years, we have registered offices in Qatar, UAE, Saudi Arabia and Oman.

Faithful+Gould has 450 staff across the GCC, with a permanent presence in the UAE since 1997.

Source and Link: Zawya

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.