Dubai’s Roads and Transport Authority (RTA) is seeking proposals from local, regional,and international private companies for the development of Union 71 and Deira Plaza projects.
Companies will work on the multi-usage Transit-Oriented Development (TOD) project above the Union Metro Station based on public-private partnership (PPP), according to RTA, which said that the project is in line with the UAE leadership’s vision to promote PP in the country.
RTA called upon the business community locally, regionally and internationally to submit proposals for the development of a multi usage Transit-Oriented Development (TOD) project above the Union Metro Station based on public-private partnership (PPP). pic.twitter.com/clhmyln4Re— RTA (@rta_dubai) January 5, 2020
Speaking about Union 71, director of commercial and development at RTA’s strategy and corporate governance sector, Ibrahim Al-Haddad said that the project will be e a “mix of commercial, residential, and retail units.
“It will be located exactly above the Dubai metro underground station.”
Located in Dubai’s Deira areas, the Union Metro Station is the busiest interchange stations that connect the Red and Green metro lines.
Pointing at the location of the project, Al-Haddad said that due to its proximity to the metro, bus, and marine station, the location was suitable for TOD.
“The TOD project at the Union Square will be undertaken by RTA and a private developer selected through a process of a public tender after the assessment of proposals submitted in accordance with the applicable contractual procedures,” Al-Haddad added.
Al-Haddad said that the promotional campaign of the project had begun.
According to Al-Haddad the proposals submitted by private firms should also include the development of Deira Plaza, which will be developed as a rooftop entertainment area and café with car park.
“The two projects are just half a kilometre away from each other, forming a synergy for development,” Al-Haddad added.