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Skanska constructs commercial office development Botanic Place in Cambridge, UK, for GBP 199M, about SEK 2.6 billion
Skanska constructs commercial office development Botanic Place in Cambridge, UK, for GBP 199M, about SEK 2.6 billion

Yahoo

time22-05-2025

  • Business
  • Yahoo

Skanska constructs commercial office development Botanic Place in Cambridge, UK, for GBP 199M, about SEK 2.6 billion

STOCKHOLM, May 22, 2025 /PRNewswire/ -- Skanska has signed a contract with Railpen for construction and mechanical and electrical engineering services for the commercial office development Botanic Place in Cambridge, UK. The contract is worth GBP 199M, about SEK 2.6 billion, and will be included in the order bookings for Europe in the second quarter of 2025. The Botanic Place project is part of an overall investment by Railpen worth GBP 242M. The two-building development will create approximately 31,000 square meters (approximately 333,000 sq ft) of workspace. The project also includes restoring the building shell of the former Flying Pig pub. Botanic Place will feature 3,700 square meters (40,000 sq ft) of terraces on multiple levels designed for both private and communal use, enhancing connectivity and community interaction. Botanic Place aims to meet high operational and environmental standards, targeting BREEAM Outstanding, WELL `Platinum', and WiredScore `Platinum' ratings. Construction has commenced and is expected to be completed by early 2028. For further information please contact: Matthew Woodhouse, Senior Communications Business Partner, Skanska UK, tel +44 739 209 8683 Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94 Direct line for media, tel +46 (0)10 448 88 99 This and previous releases can also be found at This information was brought to you by Cision The following files are available for download: 20250522 UK Botanic Place Railpen - Botanic Place 1 Railpen - Botanic Place 2 View original content: SOURCE Skanska Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Arada awards $165mn contract to build the first phase of Arada Central Business District
Arada awards $165mn contract to build the first phase of Arada Central Business District

ME Construction

time10-03-2025

  • Business
  • ME Construction

Arada awards $165mn contract to build the first phase of Arada Central Business District

Construction Arada awards $165mn contract to build the first phase of Arada Central Business District By The business park's full master plan features 40 office blocks, employee-friendly elements and landscaped 'green spine' Arada has awarded a contract valued at US $165mn to build the first phase of the Arada Central Business District (CBD). Billed as the 'commercial centre for Sharjah', the CBD will take shape in the developer's $9.52bn Aljada mega project. The contract for construction has been awarded to Modern Building Contracting Company (MBCC). Works are expected to begin on the first cluster of Arada CBD immediately, with completion and handover scheduled for the first quarter of 2027. In total, the cluster will feature 812,000sqft of Grade A leasable space, as well as 1,666 parking spaces, 76,000sqft of landscaped green space, and 26,500sqft of retail space. Each office also benefits from smart technology as part of Aljada's overall smart city programme, employing next-generation solutions for everything from waste and traffic management to the circular economy and smart lighting. The eight smart blocks included in the first phase include Arada's headquarters, a nine-floor building that will introduce a new workplace for the master developer's 1,500 staff. Arada's headquarters contains extensive facilities including an accessible roof for events, an amphitheatre, ground floor café and staff restaurant. A grand atrium that reaches from the ground floor to the roof will connect all of Arada's departments both visually and physically, said a statement from the developer. 'Since the launch of Arada CBD, we've seen strong investor demand for commercial space within this impressive business park, in line with the overall performance of the sector in the UAE. With its contemporary urban architecture, facilities designed to enable and inspire workforces and excellent connectivity in close proximity to Sheikh Mohammed bin Zayed Road, international airports in both Sharjah and Dubai and the upcoming Etihad Rail station, Arada CBD is set to play a leading role in Sharjah's future economy,' said Ahmed Alkhoshaibi, Group CEO of Arada. The signature feature of Arada CBD is the 'green spine,' a forest park that runs the length of the district, featuring shaded walkways, an amphitheatre, and green rooftop terraces on most buildings. It also includes a variety of cafés, dining venues, and retail spaces, complemented by extensive parking. In total, the 40 smart buildings in Arada CBD incorporate prime leasable space, setting a new standard for sustainability and connectivity. Arada is aiming for all buildings in Arada CBD to achieve LEED, WiredScore and SmartScore certification when the district is completed, in a first for the Sharjah market. LEED is a globally recognised green building rating system, while WiredScore and SmartScore are internationally recognised standards for digital connectivity and smart buildings. Around 30% of Aljada's 25,000 homes are now completed, alongside entertainment, retail, educational, and sporting attractions and amenities, including the SABIS International School–Aljada, the Wellfit Madar flagship gym, the Zad food truck park, Aljada Skate Park, and East Boulevard, the tree-lined avenue filled with shopping and dining experiences. Aljada is Sharjah's largest project, transforming the Emirate with its residential districts and hospitality, entertainment, sports, education and healthcare facilities—all set within a walkable, green community.

Arada awards AED 604M contract to build the first phase of CBD
Arada awards AED 604M contract to build the first phase of CBD

Sharjah 24

time06-03-2025

  • Business
  • Sharjah 24

Arada awards AED 604M contract to build the first phase of CBD

The contract has been awarded to Modern Building Contracting Company (MBCC), which will begin construction of the first cluster of Arada CBD immediately, with completion and handover scheduled for the first quarter of 2027. First phase overview The first phase includes eight smart blocks, featuring Arada's headquarters—a nine-floor building designed to create a dynamic workplace for the master developer's 1,500 staff. Headquarters facilities Arada's headquarters will boast extensive facilities, including an accessible roof for events, an amphitheater, a ground floor café, and a staff restaurant. A grand atrium will connect all of Arada's departments both visually and physically. Cluster features The cluster will encompass 812,000 square feet of Grade A leasable space, along with 1,666 parking spaces, 76,000 square feet of landscaped green space, and 26,500 square feet of retail space. Investor demand Ahmed Alkhoshaibi, Group CEO of Arada, noted strong investor demand for commercial space within Arada CBD, aligning with the overall sector performance in the UAE. The project features contemporary urban architecture and excellent connectivity. Signature green spine A key feature of Arada CBD is the 'green spine,' a forest park that runs through the district, offering shaded walkways, an amphitheater, and green rooftop terraces on most buildings. Smart building standards The 40 smart buildings in Arada CBD will provide 4.3 million square feet of prime leasable space, aiming for LEED, WiredScore, and SmartScore certifications—setting a new standard for sustainability and connectivity in Sharjah. Smart technology integration Each office will benefit from smart technology as part of Aljada's smart city program, employing next-generation solutions for waste and traffic management, the circular economy, and smart lighting. Aljada development Around 30% of Aljada's 25,000 homes are completed, alongside various entertainment, retail, educational, and sporting amenities, including the SABIS International School–Aljada and the Wellfit Madar flagship gym. Transforming Sharjah Spanning 24 million square feet, Aljada is Sharjah's largest project to date, transforming the Emirate with residential districts and facilities for hospitality, entertainment, sports, education, and healthcare—all within a walkable, green community.

Arada wins Sharjah Central Business District Phase I contract
Arada wins Sharjah Central Business District Phase I contract

Zawya

time06-03-2025

  • Business
  • Zawya

Arada wins Sharjah Central Business District Phase I contract

Leading UAE-based developer Arada has awarded a contract for the construction of Phase I of Arada Central Business District (CBD), the upcoming commercial centre for Sharjah, within the AED35 billion ($9.5 billion) Aljada megaproject. The AED604 million ($164 million) contract has been clinched by Modern Building Contracting Company (MBCC), which will begin construction of the first cluster of Arada CBD immediately, with completion and handover scheduled for the first quarter of 2027. The eight smart blocks included in the Phase I include Arada's headquarters, a nine-floor building that will introduce a dynamic new workplace for the master developer's 1,500 staff. Arada's headquarters contains extensive facilities including an accessible roof for events, an amphitheatre, ground floor café and staff restaurant. A grand atrium that reaches from the ground floor to the roof will connect all of Arada's departments both visually and physically, stated the developer. In total, the cluster will feature 812,000 sq ft of Grade A leasable space, as well as 1,666 parking spaces, 76,000 sq ft of landscaped green space, and 26,500 sq ft of retail space, it added. Group CEO Ahmed Alkhoshaibi said: "Since the launch of Arada CBD, we've seen strong investor demand for commercial space within this impressive business park, in line with the overall performance of the sector in the UAE." "With its contemporary urban architecture, facilities designed to enable and inspire workforces and excellent connectivity in close proximity to Sheikh Mohammed bin Zayed Road, international airports in both Sharjah and Dubai and the upcoming Etihad Rail station, Arada CBD is set to play a leading role in Sharjah's future economy," he added. According to Arada, the signature feature of Arada CBD is the 'green spine,' a forest park that runs the length of the district, featuring shaded walkways, an amphitheatre, and green rooftop terraces on most buildings. It also includes a variety of cafés, dining venues, and retail spaces, complemented by extensive parking. In total, the 40 smart buildings in Arada CBD incorporate 4.3 million square feet of prime leasable space, setting a new standard for sustainability and connectivity. The Emirati developer is aiming for all buildings in Arada CBD to achieve LEED, WiredScore and SmartScore certification when the district is completed, in a first for the Sharjah market. LEED is a globally recognised green building rating system, while WiredScore and SmartScore are internationally recognised standards for digital connectivity and smart buildings. Each office also benefits from smart technology as part of Aljada's overall smart city programme, employing next-generation solutions for everything from waste and traffic management to the circular economy and smart lighting. Around 30% of Aljada's 25,000 homes are now completed, alongside a wealth of other entertainment, retail, educational, and sporting attractions and amenities. Spanning 24 million square feet, Aljada is Sharjah's largest project to date, transforming the emirate with its residential districts and hospitality, entertainment, sports, education and healthcare facilities - all set within a walkable, green community.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

Arada wins Sharjah Central Business District Phase I contract
Arada wins Sharjah Central Business District Phase I contract

Trade Arabia

time06-03-2025

  • Business
  • Trade Arabia

Arada wins Sharjah Central Business District Phase I contract

Leading UAE-based developer Arada has awarded a contract for the construction of Phase I of Arada Central Business District (CBD), the upcoming commercial centre for Sharjah, within the AED35 billion ($9.5 billion) Aljada megaproject. The AED604 million ($164 million) contract has been clinched by Modern Building Contracting Company (MBCC), which will begin construction of the first cluster of Arada CBD immediately, with completion and handover scheduled for the first quarter of 2027. The eight smart blocks included in the Phase I include Arada's headquarters, a nine-floor building that will introduce a dynamic new workplace for the master developer's 1,500 staff. Arada's headquarters contains extensive facilities including an accessible roof for events, an amphitheatre, ground floor café and staff restaurant. A grand atrium that reaches from the ground floor to the roof will connect all of Arada's departments both visually and physically, stated the developer. In total, the cluster will feature 812,000 sq ft of Grade A leasable space, as well as 1,666 parking spaces, 76,000 sq ft of landscaped green space, and 26,500 sq ft of retail space, it added. Group CEO Ahmed Alkhoshaibi said: "Since the launch of Arada CBD, we've seen strong investor demand for commercial space within this impressive business park, in line with the overall performance of the sector in the UAE." "With its contemporary urban architecture, facilities designed to enable and inspire workforces and excellent connectivity in close proximity to Sheikh Mohammed bin Zayed Road, international airports in both Sharjah and Dubai and the upcoming Etihad Rail station, Arada CBD is set to play a leading role in Sharjah's future economy," he added. According to Arada, the signature feature of Arada CBD is the 'green spine,' a forest park that runs the length of the district, featuring shaded walkways, an amphitheatre, and green rooftop terraces on most buildings. It also includes a variety of cafés, dining venues, and retail spaces, complemented by extensive parking. In total, the 40 smart buildings in Arada CBD incorporate 4.3 million square feet of prime leasable space, setting a new standard for sustainability and connectivity. The Emirati developer is aiming for all buildings in Arada CBD to achieve LEED, WiredScore and SmartScore certification when the district is completed, in a first for the Sharjah market. LEED is a globally recognised green building rating system, while WiredScore and SmartScore are internationally recognised standards for digital connectivity and smart buildings. Each office also benefits from smart technology as part of Aljada's overall smart city programme, employing next-generation solutions for everything from waste and traffic management to the circular economy and smart lighting. Around 30% of Aljada's 25,000 homes are now completed, alongside a wealth of other entertainment, retail, educational, and sporting attractions and amenities.

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