Dubai Design District (d3) has confirmed that over 140 licenses have been issued for businesses to move to the site, with 40% of those licenses being from the MENA region.
d3 has also revealed that these businesses range from regional to international, large to small, and will contribute to d3’s promise of providing a creative hub for design, fashion, luxury and art.
Lindsey Miller, managing director of d3, said: “Our main ambition is for d3 to act as a catalyst for the region’s design community by creating an environment where local design talent can grow into successful brands. To achieve this ambition, we have created a master plan that includes shared workspaces, galleries and workshops to expose emerging talent to the full value chain so they may interact, share and engage with key players from the design, fashion, luxury and art worlds.
“Designers from this region are making real strides in strengthening their presence in other markets and as 90% of countries in the world are just 8 hours flight time from Dubai, d3 is the perfect place for these discussions and partnerships to take place.”
The first phase of d3, which refers to the AED 4bn development of the site’s ‘core’ and will include offices and workshop spaces, will be ready for tenants by the first quarter of 2015. This will be quickly followed by the completion of the second phase, which will deliver a deeper development of the creativity community.
The third and last phase will see the establishment of a 2km waterfront area, which will offer new dining, retail and entertainment destinations.