Saturday, April 19, 2008

$300mn G Tower project launched in Dubailand

A $300million G-Tower project has been launched in Dubailand by Galadari Investment Office (GIO) together with YOO (a Phillipe Starck and John Hitchcox-owned design company).

G Tower Dubailand
Located in the City of Arabia in Dubailand, the G-Tower project includes a residential G Tower and a commercial G Tower. This project in Dubai by YOO is also their first project tin the Middle East.

The G-Tower is a 45-storey tower, 280 meters in height, comprising 240 apartments spread across a gross floor area of 640,698.51 square feet.

Construction for the project has already begun, and will be complete towards 2010.

The Chairman of GIO, Rashid A.W. Galadari said "We have focused on transforming ideas of art and culture into a physical structure adding a new dimension to Middle East property development."

YOO has 45 developments that are underway in 22 countries. With a portfolio of more than $40billion, and a total built-up area of about 40 million square feet, the company is now looking for expansion into the Far East.

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