Sunday, May 22, 2011

Realty Capital announces completion of 'i-Rise' office tower

Realty Capital announces completion of 'i-Rise' office tower

Realty Capital obtains final completion certificate as high-profile tenants start to move into luxury-oriented business tower

May 22, 2011
Realty Capital Middle East FZ LLC has obtained the final completion certificate after wrapping up construction work of its centrepiece "i-Rise" business tower project in TECOM Site C. This certificate officially confirms that the i-Rise office tower is complete and ready to be occupied. Realty Capital has revealed that a number of high-profile tenants have already started fit-out works in their respective offices with the intention to move into the luxurious, 36-storey executive and corporate tower.

i-Rise is strategically located on a premium corner plot in Dubai’s TECOM Site-C and offers a total built-up-area of more than 1.9 million square feet, making it among the region's largest office tower developments. Designed to be a popular Dubai landmark. i-Rise stands out with its unique curvilinear design that enhances its reputation as one of the most prestigious and sought-after office addresses in the UAE.

Marwan Mansour, CEO, Realty Capital, said: "i-Rise reaffirms its position as a state-of-the-art office tower with an unrivalled combination of world-class business amenities, strategic location and a truly exclusive business address. With the completion certificate in hand, we have now started handing over the offices to the owners, who are likewise very excited to move into one of the region's largest and most luxurious office developments.
We have sold a dream and have delivered our promise; we are pleased to have satisfied the expectations of our clients.”

i-Rise offers prime commercial space with a gross area of 31,000 sq. ft. per floor. Offices at i-Rise are characterized as both modern and flexible ranging from 500 sq. ft. to 3,500 sq. ft. Individual offices come in two modules, executive and corporate. Executive offices have their own toilets, pantry and store rooms.

i-Rise has also been designed to deliver generous daylight in all office spaces, creating substantial energy savings and enhancing the tower's environmental benefits. In addition to its excellent location, convenient access from Sheikh Zayed Road and optimum visibility, i-Rise is also ideally located to offer panoramic views of the Arabian Gulf and the New Dubai skyline. Moreover, it is just a short distance away from the Dubai Metro Station.

An extensive retail space has also been integrated into the office tower at the ground level, offering a gross area of more than 60,000 square feet and a total net area of 48,000 square feet. The retail section can accommodate up to 28 specialty retail outlets ranging from 500 sq. ft. up to 10,000 sq. ft.

Realty Capital further revealed that it has partnered with leading brands to occupy the various retail outlets and provide diversified retail offerings, including pharmacies, beauty and health salons, general services such as car rental, laundry and courier service; fashion and jewellery, banks and showrooms.

Other key features of i-Rise include a specially treated podium fa├žade, 19 high-speed elevators, exquisitely designed grand lobbies and reception areas, CCTV security systems and 24-hour security surveillance, and a multi-storey car park with 2,300 parking bays. Other premium amenities include a business centre, a fitness centre and a landscape area.


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