Abu Dhabi’s TDIC beachfront project on track

Abu Dhabi's Tourism Development & Investment Company (TDIC) has achieved a significant milestone at its beachfront mixed-use project Mamsha Al Saadiyat with the completion of 22 per cent of the development works at the facility.

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Abu Dhabi's TDIC beachfront project on track

Abu Dhabi’s Tourism Development & Investment Company (TDIC) has achieved a significant milestone at its beachfront mixed-use project Mamsha Al Saadiyat with the completion of 22 per cent of the development works at the facility.

Mamsha Al Saadiyat is located at the heart of Saadiyat Cultural District, a cultural hub featuring Zayed National Museum, Louvre Abu Dhabi and Guggenheim Abu Dhabi.

It incorporates nine low-rise residential buildings with a total of 461 units, ranging from one to four medium-sized bedroom apartments, between 110 sq m to 450 sq m. The project also offers loft apartments with uninterrupted sea views.

It also offers nine penthouse units of five bedrooms with an average size of 1,050 sq m, featuring a private swimming pool and a terrace.

A master developer of major tourism, cultural and residential destinations in Abu Dhabi, TDIC said the project offer residents a luxurious beach-inspired lifestyle with close proximity to a wide range of leisure and retail offerings.

Mamsha Al Saadiyat is connected to a 1.4-km promenade with dedicated walking and cycling paths, direct access to the beach, children’s playgrounds, and dedicated parking for both residents and visitors.

The construction work is swiftly progressing according to the pre-set schedule, and set for completion in second half of 2018, said the statement from TDIC.

The project was awarded to a joint venture between San Jose Contracting and Pivot Engineering and General Contracting back in April 2016, following a competitive tendering process. The contract is valued at Dh1.25 billion ($340 million).

Sufian H. Al Marzooqi, TDIC’s chief executive, said: “It is inspiring to witness the rapid development works of Mamsha Al Saadiyat, being executed in line with the pre-set schedule and a completion date set for the second half of 2018.” More info

Source:  www.tradearabia.com

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