Bahrain Marina Development launched
Project will span nearly 150,000m2 covering the existing area of the current Marina Club
Work on the Bahrain Marina Development Project is scheduled to start by the third quarter next year.
Amlak, the real estate investment arm and wholly-owned subsidiary of the Social Insurance Organisation (SIO), launched the project on Tuesday.
The project will span nearly 150,000m2 covering the existing area of the current Marina Club.
It will offer residential, entertainment, leisure and marina facilities in the heart of Manama.
"This stunning development matches our aspiration to convert the existing Marina Club into a world-class facility project and a national landmark," Amlak said in a statement.
Aiming for completion by 2019, the mixed-use project will include a five-star luxury hotel and serviced apartments along with freehold apartments and waterfront villas, shopping mall, fully-integrated family entertainment and educational centre and a recreational waterfront space with dining and retail spaces.