Waterfront City, the flagship project set to line the Dbayeh Seaside, announced the appointment of ACC-MATTA as the main contractor for the enlarged first phase of the project. According to newswires, the construction cost of the first phase would reach US$ 225 million.
The appointment for phase 1 of the project was made following an extensive and thorough evaluation and selection process, which involved seven construction companies. The enlarged Phase 1 now incorporates an additional three buildings, bringing the total to ten in line with strong customer demand, as per newswires.
Designed by SB Architects, Waterfront City is a luxurious mixed-use community development that will cover 250,000 square meters of land. The project is set to include a wider range of residential apartments, a large retail mall, two international hotels, a new office Business Park, public spaces and a distinct marina Promenade anchored by residential, shops and food & beverage outlets, as per newswires.