Jubail Island Investment Company (JIIC) has awarded a construction contract worth nearly AED400M to Bright Accord General Contracting Company for the Jubail Town Centre in Souk Al Jubail.
The project includes four office buildings and two residential buildings – Jubail Terraces buildings 7 and 8. Located in Souk Al Jubail village, Jubail Town Centre aims to be a lifestyle destination offering an environment that combines well-being, connectivity, leisure, retail and commercial services.
The centre will have direct access to the E12 Highway and feature commercial properties, residential buildings, green spaces, walkways and seating areas. The Town Centre’s amenities will include outdoor spaces, parks, a mosque, a medical clinic, a nursery, a supermarket, fitness centres, retail outlets, F&B pavilions, offices, wellness hubs and a community centre.
Jubail Terraces, within the Town Centre, will offer apartments in various sizes, from studios to three-bedroom units and duplexes. The retail spaces will include a Spinneys supermarket and Jubail’s Redwood Center of Excellence nursery. Construction is set to begin in Q3 2024, with completion expected in Q3 2026.
“JIIC is committed to delivering high-quality developments that enhance the lives of residents and visitors to Jubail Island,” Engineer Abdulla Saeed Al Shamsi, Corporate Director of JIIC said. “Jubail Town Centre is a testament to our vision of creating a dynamic community that harmonises with the natural beauty of Jubail Island. We are thrilled to embark on this project with Bright Accord General Contracting Company and look forward to the successful completion of this exciting project,” he added.
