Abu Dhabi’s Bloom appoints contractor for Saadiyat project
Main works on Park View mixed-use development awarded to Tharwaa / Al Mansouri 3B joint venture
The Abu Dhabi-based Bloom Properties says it has awarded the main contracting works for its ‘Park View’ mixed-use development on Saadiyat Island to a Tharwaa / Al Mansouri 3B joint venture.
Site mobilisation has commenced on the project, with enabling works now in the final stages of completion, according to the company.
Main works on the project are set for completion by late 2017, Bloom Properties, a subsidiary of Bloom Holding, said in a statement.
Park View, located in the University district of Saadiyat Island in Abu Dhabi, was launched in 2015 at Cityscape Abu Dhabi.
The plans include two buildings, one residential and another made up of serviced hotel apartments. The residential component is set to include a total of 207 units ranging from studios to two-bedroom apartments. The other building is expected to include 217 furnished hotel apartments featuring studios, one- and two-bedroom units.
Sameh Muhtadi, CEO of Bloom Holding, said: “Bloom Properties is delighted to appoint Tharwaa / Al Mansouri 3B Joint Venture to carry out the main construction works of this strategically-located project on Saadiyat. The development of Park View articulates our sustained efforts to provide investors with the best real estate products within prime locations. With the commencement of the main contracting works, we seek to fulfil our commitment in delivering the project on schedule and to the highest construction standards.”
Adnan Abuzanat, President of the Tharwaa / Al Mansouri 3B joint venture, said: “We are honoured to be awarded this contract by Bloom Properties. This is a very exciting project and we will justify the confidence and trust placed in us by Bloom Properties by deploying the best construction technologies and processes to ensure the efficient and timely completion of the project.”
