The joint venture of Al Habtoor - Murray and Roberts has been awarded the contract to construct the St Regis Hotel and Residences on Saadiyat Island in Abu Dhabi for the Tourism Development and Investment Company (TDIC).
The St Regis Hotel and Residences is the flagship hospitality project on Saadiyat Island and will comprise 380 luxury hotel rooms, 259 residential apartments and 33 luxury residential villas.
The project also features a retail and entertainment component, a health and racquet club, a health spa and 1600 structured parking bays.
Work will commence on site in August 2009 and the project is due for completion in 2011.
A spokesperson for the Al Habtoor – Murray & Roberts joint venture said the award of this new project reaffirmed the strength of the Abu Dhabi construction market.
“We are pleased to have secured such a project on Saadiyat Island,” the spokesperson said.
“It was easy to recognise the significance of the Saadiyat Island project, which is primarily what fuelled our interest in the opportunity. We recognise the St Regis Hotel and Residences as a flagship project on Saadiyat Island and value the opportunity to collaborate in this resort with TDIC.
“This award shows the Abu Dhabi market remains buoyant and we are ideally placed to take advantage of the opportunities in this market.”
The development will have close proximity to the cultural district which will host some of the key museums such as the Zayed National Museum, Guggenheim Abu Dhabi and the Louvre Abu Dhabi. The St Regis Hotel and Residences will be located adjacent to the 72-par Saadiyat Beach Golf Course designed by golfing legend Gary Player.