Hines and DLF Begin Construction on One Horizon Center in Gurgaon

Hines' First India Project Scheduled for Occupancy in 2013

(New Delhi/ Gurgaon) – A joint venture of Hines, the international real estate firm, and DLF Limited, India’s premier real estate leader, today announced the start of construction on One Horizon Center, a project which will redefine Gurgaon’s cityscape.

The project will include an international-quality 25-story office tower with accompanying retail space.

Construction has reached ground level and is rapidly moving upwards.

The tower is located on Golf Course Road, on a site directly opposite the DLF Golf & Country Club, in DLF’s Phase-V.

The project, which is Hines’ first in India and its first with DLF, is scheduled to be complete in 2013.

One Horizon Center will be the architectural centerpiece of a mixed-use complex master planned by award-winning American architect Robert A.M Stern. One Horizon Center will be Robert A.M. Stern Architects’ first development in India.

One Horizon Center will include 800,000 square feet of office space, 65,000 square feet of retail space, a large outdoor plaza and four levels of underground parking that will accommodate 1,700 cars. The project will reflect Hines’ global standard of quality, unmatched construction and superior property management.

While emphasizing the state-of-the-art facilities at One Horizon Center, Vice Chairman of DLF Ltd. Rajiv Singh, said, “One Horizon Center is a high-end office tower in DLF City’s Phase-V, and will soon be recognized as the iconic structure in the NCR region. We are certain that this project will preempt and deliver far above the expectations of the country’s leading businesses. It will be an exceptional project combining the experience of Hines and the stunning design provided by Stern.”

President and CEO of Hines, Jeffrey C. Hines, who was in Gurgaon for an announcement event on Tuesday, January 24, said, “Along with DLF, we are proud to celebrate the start of construction of One Horizon Center.

India is an important market for us with huge potential, as we see growing demand among discerning clients. We have invested significant time to study and understand the needs of the market, and we are committed to extending our international best practices to this development.”

One Horizon Center will include sustainable features that will make it a healthier, more productive place to work, with a smaller energy footprint. The project has been designed according to Leadership in Energy and Environmental Design (LEED®) certified sustainable development criteria. Sustainable features will include: a dual-pane glass façade to reduce thermal gain; floor plate depths that maximize natural light; and advanced air handling units, to name a few.

The project also features the most technologically advanced, yet cost-efficient building systems available, including high-speed computer controlled elevators, an intelligent building management system for maximum efficiency and flexibility, state-of-the art security with electronic card-key access, and an extensive, automated life-safety system.

ABOUT HINES: Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,147 properties representing more than 462 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments.

With offices in 108 cities in 18 countries, and controlled assets valued at approximately $23.4 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED, ENERGY STAR®, BREEAM, Haute Qualité Environnementale and DGNB green building rating systems.

Visit www.hines.com for more information.

ABOUT ROBERT A.M. STERN ARCHITECTS: Robert A.M. Stern Architects is a 300-person firm of architects, landscape architects, interior designers and supporting staff. Over its 38-year history, the firm has established an international reputation as a leading design firm with wide experience in residential, commercial and institutional work. Stern is Dean of the Yale School of Architecture. As founder and Senior Partner he personally directs the design of each of the firm's projects. Other senior members of the design team who will be working on the Golf Course Road project include Graham Wyatt, partner, who has been with the firm since 1983 and Meghan McDermott, associate partner, who has been with the firm since 1997. Visit www.ramsa.com for more information.

ABOUT DLF: More information about the company is available at