This is the first announced towers to be constructed at the new planned master plan in Abdoun and the second twin towers after Jordan gate which is still under construction. Do you think that this is a success to the Master Plan? What other measures do we need to look at?
AMMAN (JT) - A major United Arab Emirates real estate firm on Wednesday launched its operations in Amman, announcing the construction of twin towers in Abdoun.
The $300 million project, to be completed in three years, includes two high-rises housing 600 apartments, Limitless CEO Saeed Ahmad Saeed said at a press conference yesterday to announce the launch of the company’s investment activities in the Kingdom.
This is the second twin tower project in Amman, after Jordan Gate, which is under construction near the 6th Circle.
The 200-metre-high 60-storey towers will include a 1,000-square-metre indoor area designated for retail and entertainment outlets, Saeed told reporters yesterday.
The towers will be surrounded by 5,600 square metres of land as external space, which characterises all of the company’s projects, he noted.
Amman Mayor Omar Maani said this comprehensive project proves that the Amman Master Plan is a success.
Initiated in June 2006 as a response to the tremendous growth the capital has witnessed over the past several years, the Amman Master Plan seeks to provide a clear direction for sustainable development of the Greater Amman Municipality (GAM) over the next 20 years in accordance with new planning legislation.
Last year, GAM announced four phases of the Master Plan: The tower, corridor intensification, industrial land policy and the interim rural residential policy.
The Limitless twin towers will be located in Abdoun, one of the four areas designated for high-rises in the capital, according to the GAM press centre.
“The project location was selected after accurately studying the required infrastructure, roads and green areas,” Maani said, during yesterday’s press conference.
The towers will be the highest structures in Jordan, and among the tallest in the Middle East, GAM Press Centre Director Taha Abu Redin told The Jordan Times.
Also yesterday, the GAM council approved an agreement between the municipality and Limitless, under which the company will buy a plot of land in Abdoun estimated at JD6.715 million, according to a GAM statement released yesterday.
Limitless, the “global master development arm” of Dubai World, was established in July 2005, with the key objective of diversifying and globalising Dubai’s portfolio of development companies by leveraging the know-how and exposure gained by Dubai World’s real estate initiatives through the “Nakheel” project.
The company is currently implementing projects in Saudi Arabia, India, Vietnam, Malaysia and the UAE, with more to come in Europe, South Asia and the Gulf region.