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Developers: Taavun
Status: Under Construction
Contractors: N/A
Height: 60 Storeys
Shopping Floors: N/A
Appartment Floors:20-25 (3 Towers)
Office Floors: N/A
Parking Floors: N/A
Cost: $500 Million + (unconfirmed)
Location: Ferozepur Road, Lahore
Completion Date: 2010
Description:
In addition to the main tower, Zayed Centre will have 3 residential apartment buildings of 20-25 floors each, professionally managed by Hyatt Residency; and one of the biggest and most exclusive shopping / entertainment complexes in the region.
The main tower will also host a 5-star Grand Hyatt Hotel, the largest reception(marriage)/conference halls in the country, plus offices for Multi-National Companies and Large Local Private and Public Corporates.
There will also be exclusive, high-end residential suites in the main tower, again managed by Hyatt Residency. Also, parking space will be provided for over 4,000 cars and Zayed Centre will be connected to the Gaddafi Stadium Sports Complex by a covered, over-head bridge.
The 'Project' is being carried out as a Joint Venture between the Abu Dhabi Group and the Government of Punjab. The two investors have formed a holding company for Zayed Centre called TA`AVUN (Pvt.) Ltd. which will be responsible for managing the project. Turner International (one of the largest construction companies in the US have been hired as contractors/builders; whereas HOK - a firm that designs buildings for Donald Trump, has been retained as Project Consultants & Architects).
The total cost of the project is not known as of yet. However, it is approximated at US$ 500 Million +.
Zayed Centre's main tower is expected to have
approximately 60 floors and will be visible from across the border in india.
Render:
Description:
LAHORE: Punjab Chief Minister Chaudhry Pervaiz Elahi has approved the construction of a commercial centre, Shaikh Zayed Complex, on Ferozepur Road. The centre, consisting of a basement and three towers, will house a shopping mall, hotels, corporate offices and mini cinemas. Its construction will start next month.
The DHABI Group of United Arab Emirates will construct the tallest building in Pakistan over an area of 91 kanals at a cost of Rs 15 billion.
Chairing a meeting on Monday, the chief minister said that the centre would promote trade and recreational activities in the provincial metropolis and generate around 30,000 jobs.
The meeting was informed that the centre's banquet hall would have a seating capacity of around 5,000 and its four parking basements would have space for around 4,000 vehicles.
The chief minister said that the Punjab government and the DHABI Group would soon sign an agreement to form a company, named Taawan, to execute the project. He said that the company would have directors both from the Punjab government and the DHABI Group.
Elahi said that Shaikh Zayed Complex would play an important role in generating economic activity in the province and would improve the living standard of the people.
Bashir Tahir, the DHABI Group chief executive, Kamran Rasool, the Punjab chief secretary, Salman Siddique, finance secretary, Sibtain Fazal Haleem, communication and works secretary, and Pervaiz A Shahid, the Bank Alflah executive incharge, attended the meeting.
Tahir said that his group was launching several projects in telecommunication, banking and other industries in Pakistan. He said that Shaikh Zayed Complex would give an impetus to trade and business activities.
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