An oasis to come up at Union Square
Multi-million dirham development project comprises of 38,000 square meters of residences, serviced apartments, hotels, offices, conference centre and more.
The Roads and Transport Authority (RTA) will embark on a multi-million dirham development of the Union Square, comprising approximately 38,000 square meters of residences, serviced apartments, hotels, offices, conference center, personal services, community facilities, entertainment, and retail, next to the Union Metro Station. The project, dubbed as Union Oasis, will begin in three months.
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Invitees take a look at a model of the proposed Union oasis on Wednesday. — KT photo by Rahul Gajjar
The build-and-transfer development project will give an opportunity to developers in the UAE interested to partner with the RTA by building the entire complex within three years and convert it into a huge business hub for the next 30 years. After this period, the project will be turned over to the RTA.
Khaled Amonayyer, head of Public-Private Partnership (PPP) RTA, said the project will be tendered within two to three months.
Amonayyer said Union Square was chosen as the project site due to the rapid ridership growth since its launch. 16 million people pass through the Union Station every year. He said the Dubai Metro effect on property prices include easy and efficient mobility, multi-modal transport options, lower transportation cost and excellent quality of facilities.
Osama Kamaleldin Hussien, Project Manager of Rail Planning and Projects Development Department, Rail Agency, said the developers will certainly have return on their investments. “This commercial project will specialize in transit-oriented development around the metro station.”
The architectural vision of the project was endorsed by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. This architectural vision focuses on a contemporary interpretation of massing and architectural language with a mix of modern building fused with a semi-traditional, podium design approach.
The project is located above Ittihad Station, intended to support mass transit efforts
The Roads and Transport Authority (RTA) is offering Union Oasis Project for partnership with the private sector comprising the construction of towers above the Metro Station at the Union Square spanning an area of 19,000 square meters to be dedicated for business outlets, restaurants, offices, residences and other uses.
H.E. Mattar Al Tayer, Chairman of the Board and Executive Director of the RTA, said: “The project is aimed to raise the efficiency and users of mass transit systems through re-planning of districts around the metro stations. The project will contribute to augmenting the ridership of the Dubai Metro and develop as well as landscape the urban environment in the vicinity of Al Ittihad Station.
“The public transport oriented development at Al Ittihad Square is set on the model of the Public-Private Partnership (PPP) between the RTA and a private developer to be selected in a public tender as per the contractual principles of the PPP. The private sector will be able to blend the developmental & operational expertise with the business acumen to determine the exact concept and development aspects in accordance with the vision and objectives of the RTA for the location. The promotional campaign of the project will be kicked off on Thursday.
“The Union Square Project will be first Transit-Oriented Development (TOD) destination in the region and a landmark destination for the residents and visitors of Dubai. The TOD has brought about multiple The TOD concept has many success stories in Europe, Asia, and America, bringing benefits to the communities, regenerating areas and creating positive commercial impact for those districts,” said Al Tayer.
In developing the project around the Union Square, the RTA will take into consideration international best practices with regards to the design of transit-oriented communities and will enhance them in consideration of local and regional context and requirements, besides establishing a multi-modal transit center which will boost the business of Deira area.
“The TOD provides low-cost transit networks and services which will enable the residents to move around smoothly in various Dubai districts besides raising the return on investment from transit projects undertaken by the Government.
“The project focuses on providing high-class residential and office environment characterized by pedestrian-friendly raods, greens, vital utilities, retail outlets among others. The high population density in the project will contribute to supporting RTA drive towards encouraging the residents to use public transport means, besides providing an enjoyable avenue for residents and visitors alike
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