π Tender Overview
Scope of Work:
Construction of Al Khuwair Downtown and Waterfront Development Project.
Description:
The ambitious Al Khuwair Downtown and Waterfront Development Project, boasting a hefty $1.3 billion investment, is set to redefine urban living in Oman's capital. Spanning an impressive 3.6 million square metres, surpassing the area of Muscat International Airport, this initiative promises a vibrant new hub of Muscat Governorate. According to the Ministry of Housing and Urban Planning, crucial agreements are already in place, paving the way for the project's operational plan and the launch of construction work to commence before the end of 2024. Embracing cutting-edge technology, developers will be seamlessly integrating modern planning tools with the unique landscape of Al Khuwair site.
The renowned Zaha Hadid Architects, carrying on the legacy of the late visionary Iraqi architect, has been entrusted with designing a key 38,000-square-metre section of the project. Zaha Hadid Architects is partnering with well-known real estate services and investment firm CBRE in the project design. Expanding its reach further, the Ministry has partnered with Al Tawoos Company for the development of a mixed-use tower.
While initial impressions might suggest towering structures, the Ministry has clarified that Al Khuwair Downtown will feature a cluster of buildings, each standing tall at approximately 35 to 40 floors. The 12-month design phase prioritises creating a distinctive waterfront landmark, with the strategic location within the flight path securing approval for structures up to 150 metres (50 floors) from the Civil Aviation Authority.
A budget of around $8 million has also been allocated to support the brand identity and marketing of this new urban landmark. Significantly, Al Khuwair Downtown and Waterfront Development Project is one of the bigger investment prizes in a portfolio of urban initiatives unveiled by the Ministry in recent months for investments and development partnerships.