Business & Finance Group - Real Estate - Dubai : Schön Properties, a leading regional property developer, has awarded a Dh82.25 million construction contract to Commodore Contracting LLC, in line with its aim to accelerate construction within Zones 2 and 4 of the Dh3 billion Dubai Lagoon project.

This new agreement, which will involve all concrete and block work, a double basement, the superstructure, waterproofing and related works for both zones, with a combined built up area of 1,412,648 square feet, will pave the way for more streamlined development of the site.

Commodore Contracting joins the project's existing contractors, Bin Sabt Building Contracting Company, which has almost completed the structure of Zone 1, and Belhasa Contracting and Engineering Company (BHECC), who are already on site with an intensified construction programme planned for Zone 3.

With building permits already issued and mobilisation of cranes already started for Zone 2, construction is expected to start within three weeks.