Lead contractor appointed for J1 Beach ...United Arab Emirates

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Lead contractor appointed for J1 Beach
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 38
Asset management firm Merex Investment has appointed ARCO Turnkey Solutions as the lead contractor for J1 Beach at La Mer, its flagship beach resort destination set to be built in the heart of Jumeirah. Merex Investment is a joint venture (JV) between Dubai Holding and Brookfield Asset Management, set up in 2019 with a focus on creating long-term value for Dubai’s residents and business community. It owns and operates a diversified portfolio of retail assets, including The Beach, City Walk, and La Mer, which together span over two million sqft, and hosts more than 550 retail, leisure and entertainment tenants. According to Merex, the planned redevelopment of La Mer into a beachfront, resort

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