Faithful + Gould to oversee Miral's Dh12bn Yas Bay project

Project management consultancy Faithful + Gould has been appointed to project manage Miral’s Dh12 billion Yas Bay master development.

Yas Bay, which was announced earlier this month, is a 14-million-square foot site at the southern end of Yas Island. The master plan for the development includes a new pier and promenade, a 3.2m sq ft Media Zone operated by twofour 54, new homes, an 18,000-capacity multipurpose Yas Arena and several cafes, parks and restaurants. Once complete, it is expected that the site will house 10,000 workers and up to 15,000 residents.

Faithful + Gould has been appointed on a four-year contract to work on phase one, which includes the Yas Arena, a 650-key hotel, cafes, restaurants, retail outlets and a cinema. All of these are expected to open to the public by 2019.

Campbell Gray, the managing director of Faithful+Gould Middle East, said: “Miral has a clear objective for Yas South to become a globally recognised leisure and entertainment destination, and we are really excited to be a part of that.”

He added that the firm has plenty of experience of managing major projects, including Al Maryah Central in Abu Dhabi and the new Royal Atlantis and Bulgari Hotel & Residences projects in Dubai.

Faithful + Gould is part of UK-based building consultancy firm Atkins, which is currently the subject of a £2.1bn (Dh9.9bn) takeover bid from Canadian engineering consultancy SNC Lavalin.

mfahy@thenational.ae

Follow The National’s Business section on Twitter