Arabian Construction Company (ACC) has been awarded a SR885 million ($235 million) construction contract for Lamar Towers in Jeddah.

The piling work of the project was done by Kasktas Arabia, a year ago and ACC will be mobilizing on the site from date of award, said a company official.

Badr Al Zahrani, owner of Zahran Real Estate and of Lamar said, “Due to its intelligent location on Jeddah’s seaside, once completed the Lamar Commercial and Residential Towers project will offer a unique lifestyle at the highest level of living standards and remarkable posh housing.

Cayan chairman Ahmed Al Hatti said Cayan works hard to ensure appointing only the very best companies for its projects.

'ACC is known for their experience in high-rise projects and skyscrapers; thus, awarding the contract for ACC will ensure that Lamar will be completed by a professional construction team that will not only deliver on time but also hand over a finished product that exceeds our clients' expectations,' he remarked.

SR2 billion Lamar project consists of two stunning 60 and 68-storey residential towers with a 13-storey commercial development curving its way in between.

The one-to-four bedroom apartments, three-bedroom lofts, half and full floor penthouses in the residential towers will offer spectacular views of the Red Sea.

The Lamar Commercial Center, which is a gateway for modern and contemporary businesses in the Kingdom for international companies, as well as its status, will offer the elite’s primary destination in Jeddah.-TradeArabia News Service