Citi Properties launches Aveline Residences project in UAE
The community will feature a range of retail and dining options.
17 November 2023
17 November 2023
The community will feature a range of retail and dining options.
The design has been subject to community and stakeholder feedback since 2020.
AECOM will also aim to support the restoration of the country's aviation sector via a dedicated programme.
The cement-free solution was developed via collaboration between Betolar and Tubobel.
The Jona Goldrich Campus will offer outdoor spaces for reflection, as well as holographic exhibition with a virtual survivor.
The plant is set to generate more than $24m in long-term investment in the community.
Works encompass the design and construction of a dual carriageway from the Black Cat roundabout to the Caxton Gibbet roundabout.
The development aims to obtain WELL and LEED Silver certifications.
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Per GlobalData, between 2024 and 2027, the Saudi Arabian construction industry is projected to register an AAGR of 5% in real terms, supported by investments in various sectors such as data centers, logistics zones, renewable energy, housing, and tourism projects as part of the Kingdom’s ‘Vision 2030’ economic diversification plan. Construction activity in the energy and utilities sector is estimated to grow at an AAGR of 5.6%, supported by the government’s aim to increase the renewable energy capacity and achieving zero net carbon emissions by 2060.
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