TECOM Investments, master developers of Dubai Design District (d3), said construction work is well under way on the first phase of d3 which includes the ‘core’ of the 15.5-million-sq-ft site.

The Dh4-billion ($1.09 billion) phase will include state-of-the-art offices and workshop spaces that are expected to be ready for tenants in early 2015.

d3 is the newest of Tecom Investments’ freezone business parks, where some 10 buildings are currently under construction. Once complete, d3 will be a purpose built environment catering to the full value chain of the design, fashion and luxury industry.

Meanwhile, Tecom has also confirmed a high level of interest in the project from prospective business partners, demonstrating the design community’s strong support for the concept. “Since its launch in June last year, d3 has received over 500 expressions of interest, outstripping expectations,” said Dr Amina Al Rustamani, Group CEO at Tecom Investments. 

The second phase of the development will focus on d3’s stunning waterfront area. This will feature substantial food and beverage, retail and entertainment elements to ensure it operates 24/7.

d3 will aim to be a greenfield development that will provide a hi-tech environment. “Once the first phase of d3 is delivered in 2015, it will offer digital connectivity throughout the area, and it will use smart solutions and technologies to enhance people’s experience during events, cultural activities, and to ensure accessibility and safety for everyone using the location,” said Dr Amina.