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FINANCIAL NEWS
Schon Properties awards contract for Dubai Lagoon
05 Jul 2010
(MENAFN) Schon Properties announced that it has awarded a contract to build the main water features within its Dubai Lagoon project to Crystal Lagoons Corporation, Gulf News reported.
The contract specifies that Crystal Lagoon will be responsible for the construction, maintenance and technical controls of all the lagoons.
According to company officials, the pilot lagoon will be spread over a land area spanning approximately 5,191 square meters and will require close to 3.5 million gallons. The water features for the master community project will be developed in sync with the different zones, with the entire lagoon set to occupy a land area of 21,255 square meters.
In total, over 14 million gallons of water would be required to fill the lagoon, which will have a maximum depth of 2.5 meters.
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