Monday, October 30, 2017

Eagle Hills breaks ground on Bahrain residential development

Eagle Hills Diyar, developer of distinguished urban project Marassi Al Bahrain, today (October 30) marked further progress at the master development with the groundbreaking of its newest residential component; Marassi Boulevard.

Marassi Al Bahrain is a distinguished urban project by Abu Dhabi-based Eagle Hills as part of a joint venture agreement with Diyar Al Muharraq, the developer of mega-project Diyar Al Muharraq.

On completion, the project is set to become Bahrain's premiere ‘smart city’, offering luxury homes, high-end shopping, leisure and entertainment.

The groundbreaking was held in the presence of Dr Maher Al Shaer, the managing director of Eagle Hills Diyar, Abdul Ghaffar Alkooheji, the managing director of Kooheji Contractors and other senior company officials.

This comes following the awarding of the main construction contract to Kooheji Contractors, which brings 40 years of construction, civil engineering and design experience to Marassi Al Bahrain.

Marassi Boulevard is a four-building apartment complex which will offer stunning views of the landscaped Marassi Al Bahrain community. Lined with 700 sq m of retail space, the Boulevard faces Marassi Galleria, and is located within walking distance of the development’s bustling seafront promenade.

The property represents a residential mixed-use development which will be home to more than 240 studio, one, two and three-bedroom apartments, comprising a total area of 38,500sqm.

A short walk from Marassi Al Bahrain’s main 2-km-long beachfront promenade, Marassi Boulevard sits in close proximity to the island’s new-to-market hotels, The Address Marassi Al Bahrain and Vida Marassi Al Bahrain, and the landmark shopping and entertainment destination Marassi Galleria, offering convenient access to extensive retail, restaurants and café options.

Speaking at the event, Dr Al Shaer said: "We are pleased to be working with one of the kingdom’s most experienced contractors, with a host of high quality projects in its portfolio. Marassi Boulevard is the most affordable of our residential offerings, and we are delighted to officially kickstart construction today."

"The Bahrain real estate market remains robust, with continued interest from investors and end users from neighbouring GCC countries, as well as nationals and expatriates. We want people from various income levels to enjoy the opportunity to invest in the most elegant waterfront project in Bahrain," he stated.

Conveniently located along Marassi Al Bahrain’s east coast and in the southwestern corner of the Diyar Al Muharraq mega-development, Marassi Al Bahrain provides easy access to the rest of the island via the main boulevard, and is a 10-minute drive from the airport.

Upon completion, Marassi Al Bahrain will be home to 22,000 residents with a total of 6,000 residences and a total retail space of 250,000 sq m.

On the contract win, Alkooheji said: "It is truly our privilege to be part of this strategic project. With its elegant and inventive designs, Marassi Boulevard will bring a new definition to the concept of community living. This iconic project will have a substantial positive impact on Bahrain’s economic and tourism sectors."

Kooheji Contractors, he stated, had extensive experience in delivering high-end projects to the fullest satisfaction of clients.

"We are fully committed to contributing our experience to meet the expectations of Eagle Hills
Diyar," he added.-TradeArabia News Service



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