01 November 2016

Bahrain Real Estate Investment (Edamah) showcased five major projects coming up in the kingdom at the sixth BCCI Business Roundup at the Bahrain Exhibition and Convention Centre.

These include Sa’ada, a BD45-million ($117.4 million) waterfront development in Muharraq; a BD350-million ($913 million) North Hawar eco-friendly development;  The Terminal, a multi-storey car park in Adliya; Versaille Plaza, a French-themed cultural hub; and Sharwa, a retail strip in Isa Town.

Sa’ada will be developed in two phases. The first will include restaurants and cafes, a marina, and entertainment facilities, while the second will include a four-star hotel with a multi-storey car-park that will connect the suq with the waterfront through a pedestrian bridge. The site work is due to commence during the first quarter of 2017.

The North Hawar development’s first phase is expected to be completed during 2019, whilst the overall completion of the project is due by 2021.

Site work on Versailles Plaza will begin by the year-end. Comprising 13 French-themed retail units alongside six food and beverage units, all components in this project are surrounded by landscaped areas inspired by the Versailles Gardens. The site work will be completed by 2017.

Site works have commenced on both  The Terminal and the Sharwa. The car-park is scheduled for completion by the end of 2017, while the  retail strip’s  completion is expected by the first quarter of 2017.

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