United Developers returned for a second year in a row to Cityscape Global, the Middle East’s renowned real estate event, to showcase its $1.25bn development, Place Vendôme, said Gulf Times.
Currently underway in Lusail City, Place Vendôme is anticipated to become the luxury, lifestyle and leisure destination for the region upon its completion, slated for the third quarter of 2017, according to a statement. Cityscape Global took place in Dubai earlier this month. The stand, with its “unique feature” of 1,800 crystal drops, showcased two architectural models of the Place Vendôme development, detailing all features of the project. Place Vendôme received great attention and praise from industry peers, architects, designers, government authorities and media that visited the stand to learn about the project, the statement noted.
Sean Kelly, project director, said: “We are delighted to return to the region’s largest real estate event. We see Cityscape Global as the ideal platform to connect with industry peers and stay connected to the latest developments in our sector. Over the three days, we welcomed thousands of visitors and a large number of industry representatives who were updated and impressed by the progress of the project since last year’s event.”
Enabling works for the project were completed with the excavation of 2mn cubic tonnes from the site, the installation of 5,300 foundation piles and the pouring of 250,000 cubic m of concrete. The project is now advancing in its construction drawing significant progress on the hotel components and the levels of retail space, the statement explains. “Our return to Cityscape Global comes in line with our efforts to promote the progress of our project and reinforce confidence in Place Vendôme. We are committed towards delivering the very best and most importantly, on schedule,” added Kelly.
Since the regional announcement of Place Vendôme at Cityscape Global last year, United Developers has travelled around the world to promote the project and introduce it to leading brands in the fashion and luxury industries. The Place Vendôme roadshow engaged retailers in Paris, Milan, Cannes, Dubai, London and most recently Florence. Place Vendôme will be returning to MAPIC later this year in Cannes, France, to meet with international retail brands.
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